China Consumption Weekly (2024 Jul 22): Xiaomi, Guangzhou Automobile, NIO, AAPL, Starbucks
Xiaomi’s global market share increased to 15% in 2Q24 from 13% in 2Q23. GAC Aion began to produce in Thailand. Cotti Coffee extended its sales to...
134 Views
Xiaomi (1810 HK): 2Q24 Shipments – High Growth and High Market Share
Xiaomi (XM)’s shipments increased by 29% YoY in 2Q24. Xiaomi is the only clear gainer of market share. We believe the stock has an upside 35% for...
114 Views
China Consumption Weekly (15 Jul 2024): Seres, BYD, Guangzhou Automobile,Trip.com
GAC sales volume of new energy vehicle decreased by 31% YoY in 1H24. BYD will build a factory in Turkey. AliPay' foreigner consumption amount in...
280 Views
China Consumption Weekly (8 Jul 2024): BYD, Seres, Tesla, Microsoft, XHS, Mixue
BYD’s sales volume increased by 35% YoY in June and by 39% YoY in 2Q24. Tesla’s Model Y is on the state-owned corporation procurement catalogues....
233 Views
China Consumption Weekly (1 Jul 2024): Douyin, Green Tea, Alibaba, Tencent, Haidilao
Douyin’ GMV increased by 300% YoY in the “June 18” sales season. Pre-IPO restaurant chain, Green Tea’s revenue increased by 55% in 2023. Alibaba’s...
322 Views