BYD (1211 HK): Vehicle Deliveries Up by 40% in 2024
BYD’s deliveries grew by 51% YoY in December 2024 and 41% in the year 2024. The Brazil event will slow down overseas expansion. We believe the...
158 Views
China Consumption Weekly (6 Jan 2025): Alibaba, BYD, Tencent Music, JD.com, Mixue
Alibaba’s Freshippo remained profitable in the past nine months. Brazil authorities is investigating BYD’s “slave-like condition”. Tencent Music...
249 Views
China Consumption Weekly (16 Dec 2024): Alibaba, Meituan, Mixue, Green Tea
Alibaba sells Intime Department Store to Youngor. Meituan shortens delivery workers’ working hours due to sudden death cases. Mixue, the price...
583 Views
China Consumption Weekly (16 Dec 2024): NEV Industry Nov., Baidu, Hisense, Boss Zhipin,
NEV retail volume increased by 51% YoY in November. Jiyue Auto, as a subsidiary of Baidu, is dismissing employees. Hisense, a home appliance...
310 Views
KE (BEKE): New Home Decline Narrowed, The Top Agent Needed by Landlords and Developers
The declining of new home sales was narrowed in the past ten months. New home, rental, and furnishing businesses grew strongly in 3Q24. We believe...
218 Views