pokerwsopfreechips| CITIC Securities: Automobile production and sales in April were in line with expectations, and policy implementation is expected to boost demand

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Citic Securities: automobile production and sales in April are in line with expectationsPokerwsopfreechipsThe policy landing is expected to boost demand] Securities Times e Company News, CITIC Securities Research News said that the automobile industry achieved wholesale sales of 235 in April 2024.Pokerwsopfreechips.90,000 vehicles, compared with-12.5%, + 9.3% compared with the same period last year. Export performance continues to be eye-catching. Since the Spring Festival.

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[Citic Securities: auto production and sales in April are in line with expectations, and policy landing is expected to boost demand] according to the Securities Times e Company, CITIC Securities Research News said that the automobile industry achieved wholesale sales of 2.359 million vehicles in April 2024, compared with-12.5% month-on-month and + 9.3% compared with the same period last year. Export performance continues to be eye-catching. Since the Spring Festival, the demand for cars has gradually recovered, the Beijing Auto Show is in full bloom, the old-for-new policy is stacked to eliminate the wait-and-see mood, and passenger car sales are on the rise quarter by quarter. The key recommendations are: 1) Huawei chain mainframe factory, and companies that are expected to benefit from the warming of automobile consumption and trade-in policies; 2) parts companies that are on the incremental track and accelerated global expansion; 3) commercial vehicle leading companies that open their long-term profit space upward in the cycle; and 4) two-wheeled bikes with product upgrading and accelerated going out to sea.

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