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<Research>CMS Prefers GEELY AUTO on Electrification in 2025, Likes XPENG-W/ LI AUTO-W Among New Forces
China's auto industry is advancing electrification, in which the competition between technology and cost continues to intensify, China Merchants Securities (CMS) released a res...
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<Research>CMS Prefers GEELY AUTO on Electrification in 2025, Likes XPENG-W/ LI AUTO-W Among New Forces
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Positive
18
Negative
8
 
 

China's auto industry is advancing electrification, in which the competition between technology and cost continues to intensify, China Merchants Securities (CMS) released a research report saying.

It is expected that the next stage will be the tug-of-war on auto intelligence, while the leading car makers will take the lead in the formation of a positive cycle of data, training and sales, and will build industry barriers.

In the electrification of the auto industry, CMS' top pick was GEELY AUTO (00175.HK)  -0.160 (-1.047%)    Short selling $68.62M; Ratio 16.726%   as the broker liked its new technology architecture and enhanced integration capabilities, which will help reduce costs and improve profit margins.

The broker was also optimistic about BYD COMPANY (01211.HK)  -6.600 (-2.457%)    Short selling $93.18M; Ratio 22.832%   , which is believed to be the biggest beneficiary of the national policy, with both automakers rated at Overweight.

As for new automaker forces, CMS was more optimistic on XPENG-W (09868.HK)  +0.200 (+0.418%)    Short selling $40.00M; Ratio 15.739%   (XPEV.US)      and LI AUTO-W (02015.HK)  -0.650 (-0.756%)    Short selling $30.94M; Ratio 13.608%   (LI.US)      , while its top pick among auto parts companies is FUYAO GLASS (03606.HK)  -1.550 (-2.834%)    Short selling $263.00K; Ratio 0.911%   . The broker focused on GWMOTOR (02333.HK)  0.000 (0.000%)    Short selling $46.44M; Ratio 35.305%   for autos exports.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-12-16 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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