[For Hong Kong Investors Only] In 2024 Q1, domestic manufacturers in China achieved a record-breaking market share of 48.8%. Companies like Estun and Inovance made it to the top 4 for the first time. This growth was driven by strong demand in industries such as home appliances, 3C, and automotive electronics. Despite sluggish demand in areas like lithium batteries and photovoltaics (solar energy), the overall outlook for industrial robotics in China remains optimistic. Market Intelligence Resource (MIR) predicts a stable growth rate of 4.2% in 2024, with even stronger momentum in the following years. This trend highlights the irreversible achievements made by domestic manufacturers and the shift towards import substitution. Exciting times lie ahead for the Chinese robotics industry! 🤖🚀 #Ro

[For Hong Kong Investors Only] On April 29th, BYD released 1Q24 financial results, recording a net profit of 4.57 billion Chinese yuan, in line with market expectations. Of particular note is its NEV gross profit margin of 28%, which increased by 7ppts year-on-year and 3ppts quarter-on-quarter, highlighting its strong cost control capabilities amid intensified industry price competition. With the support of the car trade-in policy and the stimulus of new model launches, BYD's car sales volume and profit are expected to continue to grow in the second quarter. Source: BYD, Citi, as of April 29, 2024. 💡 Learn about Global X China Electric Vehicle and Battery ETF (2845) $GX中国电车(02845)$ and risk disclosure: https://www.globalxetfs.com.hk/zh-hant/funds/ch

 [For Hong Kong Investors Only] On April 26, the Ministry of Commerce (MoC), the Ministry of Finance (MOF), and five other departments jointly issued the “'Implementation Rules for Car Trade-in Subsidy”*. It is proposed that by the end of 2024, those old vehicles that meet the requirements can be scrapped and a one-time subsidy of RMB 7,000 (for standardized fuel-fired passenger vehicles) or RMB 10,000 (for new energy passenger vehicles) can be granted for the purchase of a new vehicle. The subsidy amount and scope of the policy exceeded previous market expectations and is expected to stimulate consumer demand for vehicles, and new energy vehicle brands and related industry chain companies will continue to benefit. *Source: Xinhua, as of April 26, 2024. 💡 Learn about Global X China El

截至4月25日， $小米集团-W(01810)$ $小米集团ADR(XIACY)$ 小米SU7锁单量达75723台！上市28天，交付5781台，今年计划交付100000台；女性购买者占比28%，预估女性车主占比40-50%；城市NOA计划5月开10城，5月初上线首期OTA。

时隔四年，万众瞩目的北京国际汽车展览会正式开幕！极氪MIX、新款蔚来ET7、理想L6、小米SU7（人潮涌动，建议错峰参观）、保时捷MacanEV… 全球首发车117台，新能源车型278个，概念车型41个，各大车企大显身手，看谁能够卷过谁！（据说券商，基金公司，私募等去的人相当多，热情比汽车领域的相关媒体都高）“超级流量体”雷总亲临展台，将小米汽车排位拉满，堪比粉丝见面会。不过“求贤”？这是要顺便收简历嘛👍图源网络亲爱的小虎们，2024北京车展，你更喜欢哪款车型？锁单超7.5W的小米SU7，股价能翻红吗？评论区留言，共同瓜分虎币🎁🎁