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HONG KONG'S AUTO SECTOR DECLINES: LEAPMOTOR AND GEELY AUTO DOWN OVER 5%, XPENG FALLS NEARLY 5%

2026-04-23

HONG KONG'S AUTO SECTOR DECLINES: LEAPMOTOR AND GEELY AUTO DOWN OVER 5%, XPENG FALLS NEARLY 5%

Other News
2026-04-23

Ukrainian President Zelensky: Ukraine is ready to negotiate with Russia in any form.

Ukrainian President Zelensky: Ukraine is ready to negotiate with Russia in any form.
2026-04-23

International 1. Reuters survey: The Federal Reserve will not cut interest rates until at least the end of the year due to war-driven inflation. 2. Barclays: The market severely underestimates the impact of oil and gas supply disruptions. 3. Socie

International 1. Reuters survey: The Federal Reserve will not cut interest rates until at least the end of the year due to war-driven inflation. 2. Barclays: The market severely underestimates the impact of oil and gas supply disruptions. 3. Societe Generale: Trump is curbing the dollar's rise. 4. Deutsche Bank: A cautious Bank of Japan may choose to postpone interest rate hikes. Domestic 1. CICC: Public funds significantly increased their holdings in the AI-related hardware and communications sectors in the first quarter, while reducing their holdings in non-ferrous metals and electronics. 2. Donghai Securities: The pace of consolidation among securities firms is expected to accelerate, with a pattern of "concentration of leading companies, regional integration, and differentiation of specialties" forming rapidly. 3. CITIC Securities: Optical module equipment is poised for high growth due to downstream capital expenditure and trends towards high efficiency and domestic production. 4. CITIC Securities: The 2026 Beijing Auto Show will open, with new cars poised to launch, potentially boosting domestic demand. 5. CITIC Securities: China's innovative drug industry is expected to see the validation of its pipeline potential and value enhancement. 6. CITIC Securities: The animation and comics industry continues to be prosperous; we recommend selecting targets from two dimensions. 7. Huatai Securities: The 2026 Beijing Auto Show will open soon; we recommend focusing on high-end models from domestic brands.
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