Market Chatter: Stocks at Chinese Car Dealerships Decline in August

MT Newswires Live09-05

Stocks at China's car dealerships fell 0.7 points year over year in August to 56.2%, indicating movement in inventories, Yicai Global reported Wednesday, citing data from the China Automobile Dealers Association's Vehicle Inventory Alert Index.

For luxury and important brands, the index stood at 59.3%, while the index for domestic brands was at 51.8%, the reports aid.

A lower index means inventories are in sync with sales.

China's biggest local automakers include Dongfeng Motor Group (SHA:600006, HKG:0489), SAIC Motor (SHA:600104), Chongqing Changan Automobile (SHE:000625), BAIC Motor (HKG:1958), Guangzhou Automobile Group (SHA:601238, HKG:2238), Great Wall Motors (SHA:601633, HKG:2333) and FAW Group (SHE:000800).

Top new-energy vehicle makers in China include BYD (SHE:002594, HKG:1211), Li Auto (HKG:2015), XPeng (HKG:9868) and NIO (HKG:9866, SGX:NIO).

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2465546230?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-05 16:54","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2465546230","market":"sg","top_or_hot":-1,"title":"Market Chatter: Stocks at Chinese Car Dealerships Decline in August","media":"MT Newswires Live","content":"<html><body><p> Stocks at China's car dealerships fell 0.7 points year over year in August to 56.2%, indicating movement in inventories, Yicai Global reported Wednesday, citing data from the China Automobile Dealers Association's Vehicle Inventory Alert Index.</p><p>For luxury and important brands, the index stood at 59.3%, while the index for domestic brands was at 51.8%, the reports aid.</p><p>A lower index means inventories are in sync with sales.</p><p>China's biggest local automakers include Dongfeng Motor Group (SHA:600006, HKG:0489), SAIC Motor (SHA:600104), Chongqing Changan Automobile (SHE:000625), BAIC Motor (HKG:1958), Guangzhou Automobile Group (SHA:601238, HKG:2238), Great Wall Motors (SHA:601633, HKG:2333) and FAW Group (SHE:000800).</p><p>Top new-energy vehicle makers in China include BYD (SHE:002594, HKG:1211), Li Auto (HKG:2015), XPeng (HKG:9868) and NIO (HKG:9866, SGX:NIO).</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: Stocks at Chinese Car Dealerships Decline in August</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: Stocks at Chinese Car Dealerships Decline in August\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-05 16:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks at China's car dealerships fell 0.7 points year over year in August to 56.2%, indicating movement in inventories, Yicai Global reported Wednesday, citing data from the China Automobile Dealers ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09866","symbol_name":"蔚来-SW","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2465546230","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2465546230","pubTimestamp":1725526441,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Stocks at China's car dealerships fell 0.7 points year over year in August to 56.2%, indicating movement in inventories, Yicai Global reported Wednesday, citing data from the China Automobile Dealers Association's Vehicle Inventory Alert Index.For luxury and important brands, the index stood at 59.3%, while the index for domestic brands was at 51.8%, the reports aid.A lower index means inventories are in sync with sales.China's biggest local automakers include Dongfeng Motor Group , SAIC Motor , Chongqing Changan Automobile , BAIC Motor , Guangzhou Automobile Group , Great Wall Motors  and FAW Group .Top new-energy vehicle makers in China include BYD , Li Auto , XPeng  and NIO .","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"81211":"比亚迪股份-R","82333":"长城汽车-R","600006":"东风股份","600104":"上汽集团","601238":"广汽集团","601633":"长城汽车","09866":"蔚来-SW","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","000625":"长安汽车","09868":"小鹏汽车-W","LU0417516738.SGD":"Allianz Hong Kong Equity AT Acc SGD","01958":"北京汽车","000800":"一汽解放","LI":"理想汽车","BK1575":"同股不同权","SG9999002463.SGD":"LionGlobal China Growth SGD","LU2580892789.USD":"FRANKLIN SEALAND CHINA A-SHARES \"A\" (USD) ACC","LU0211977185.USD":"EASTSPRING INVESTMENTS GREATER CHINA EQUITY \"A\" ACC","GWLLY":"长城汽车ADR","BK0010":"央企","02333":"长城汽车","LU1781817850.SGD":"Blackrock Systematic China A-Share Opportunities A2 SGD-H","LU1868837565.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"1\" (USD) ACC","LU0823426308.USD":"法巴中国股票基金","02238":"广汽集团","LU1794554557.SGD":"Allianz All China Equity AT Acc H2-SGD","LU1064130708.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"I\" (USD) ACC","00489":"东风集团股份","LU0823414478.USD":"法巴经典能源转换基金","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","LU2580892862.HKD":"FRANKLIN SEALAND CHINA A-SHARES \"A\" (HKD) ACC","BK0196":"行业龙头","BYDDY":"比亚迪ADR","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","002594":"比亚迪","LU0052750758.USD":"富兰克林中国基金A Acc","LU2148510915.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"R\" (USD) ACC","LU0593848301.USD":"未来资产亚洲卓越消费股票基金A","01211":"比亚迪股份","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","BK0155":"锂电池","NIO":"蔚来","BK1539":"汽车股","LU0359201612.USD":"贝莱德中国基金A2","SG9999014674.SGD":"Nikko AM All China Equity A SGD","BK0072":"苹果","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","02015":"理想汽车-W","LU1808992512.USD":"AB ALL CHINA EQUITY PORTFOLIO \"A\" (USD) ACC","BK0028":"国家队"},"translate_title":"市场热议：八月份中国汽车经销商库存下降","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"81211":0.6,"82333":0.6,"600006":0.9,"600104":0.9,"601238":0.9,"601633":0.9,"000800":0.9,"NIO":0.9,"000625":0.9,"09868":0.9,"09866":0.9,"02333":0.9,"02238":0.9,"02015":0.9,"01958":0.9,"01211":0.9,"00489":0.9,"002594":0.9,"BYDDY":0.6,"EVS.SI":0.6,"GWLLY":0.6,"LI":0.6},"content_text":"Stocks at China's car dealerships fell 0.7 points year over year in August to 56.2%, indicating movement in inventories, Yicai Global reported Wednesday, citing data from the China Automobile Dealers Association's Vehicle Inventory Alert Index.For luxury and important brands, the index stood at 59.3%, while the index for domestic brands was at 51.8%, the reports aid.A lower index means inventories are in sync with sales.China's biggest local automakers include Dongfeng Motor Group (SHA:600006, HKG:0489), SAIC Motor (SHA:600104), Chongqing Changan Automobile (SHE:000625), BAIC Motor (HKG:1958), Guangzhou Automobile Group (SHA:601238, HKG:2238), Great Wall Motors (SHA:601633, HKG:2333) and FAW Group (SHE:000800).Top new-energy vehicle makers in China include BYD (SHE:002594, HKG:1211), Li Auto (HKG:2015), XPeng (HKG:9868) and NIO (HKG:9866, SGX:NIO).(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"Business Data","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2465546230"}