| 股票名称 | 沽空金额↓ | 沽空比率 | 偏离值 | | --- | --- | --- | --- | | 阿里巴巴-W(09988) | 15.03 亿元 | 10.51% | -2.02% | | 中国平安(02318) | 13.20 亿元 | 32.00% | 3.87% | | 腾讯控股(00700) | 8.92 亿元 | 6.75% | -1.56% | | 汇丰控股(00005) | 7.71 亿元 | 17.54% | -1.77% | | 美团-W(03690) | 7.60 亿元 | 23.38% | 1.92% | | 小米集团-W(01810) | 6.98 亿元 | 16.03% | -5.75% | | 新鸿基地产(00016) | 5.85 亿元 | 45.19% | 6.30% | | 紫金矿业(02899) | 5.73 亿元 | 23.75% | 4.90% | | 宁德时代(03750) | 5.49 亿元 | 27.70% | 3.43% | | 友邦保险(01299) | 5.41 亿元 | 24.00% | 5.57% | 前十大沽空偏离值排行 | 股票名 ...

金吾财讯 | 汽车股普遍受压，理想汽车-W(02015)跌3.97%，小鹏汽车-W(09868)跌3.52%，零跑汽车 (09863)跌3.34%，比亚迪股份(01211)跌2.73%，长城汽车(02333)跌2.76%，赛力斯(09927)跌2.64%，奇瑞 汽车(09973)跌2.35% 消息面上，马年丙午新春以来，多家车企相继发布"七年低息贷"金融政策，参与这场"金融战"的汽车品 牌阵容愈发壮大。 据市场消息不完全统计，2月已有近十个汽车品牌推出"七年低息贷"金融政策，除前述品牌外，还包括 长安深蓝、长城哈弗、东风奕派、广汽埃安、蔚来及乐道等。若将统计周期拉长至1、2月份，这一数字 已增至二十余家。 金吾财讯 | 汽车股普遍受压，理想汽车-W(02015)跌3.97%，小鹏汽车-W(09868)跌3.52%，零跑汽车 (09863)跌3.34%，比亚迪股份(01211)跌2.73%，长城汽车(02333)跌2.76%，赛力斯(09927)跌2.64%，奇瑞 汽车(09973)跌2.35% 消息面上，马年丙午新春以来，多家车企相继发布"七年低息贷"金融政策，参与这场"金融战"的汽车品 牌阵容愈发壮大。 据 ...

唐大使对中拉企业合作将奇瑞汽车引入波罗的海市场表示热烈祝贺。表示前期中欧双方本着相互尊重的 态度，就欧盟对华电动汽车案进行了多轮磋商并取得重要积极成果，不仅有利于中欧经贸关系健康发 展，也为中拉汽车产业合作注入了信心，向世界展示了中欧愿共同维护以规则为基础的国际贸易秩序， 为各国通过对话协商妥善解决分歧树立良好范例。希望未来能够看到更多两国企业合作的案例，为双方 人民带来更多福祉。 近日，唐松根大使应邀出席奇瑞汽车波罗的海地区首发仪式并致辞，张健二秘陪同。 ...

Group 1 - The core viewpoint of the news is that the Hong Kong automotive stocks experienced a collective rise, driven by positive signals from the Ministry of Commerce regarding future automotive consumption policies [1] - The Ministry of Commerce held a meeting to discuss automotive circulation and consumption, indicating a commitment to support and reform the automotive sector by 2026 [1] - Analysts interpret the signals from the meeting as a positive indication for automotive consumption support policies, providing a clear expectation for industry stabilization and structural growth direction [1] Group 2 - BYD shares rose approximately 4% to a latest price of 96.950, while Chery Automobile increased by over 2% to 28.620 [2] - Other automotive companies also saw gains, including Li Auto (1.39% increase), Leap Motor (1.41% increase), NIO (1.29% increase), and Geely (1.15% increase) [2] - The overall positive trend in the automotive sector reflects investor confidence in the upcoming policy changes and market support initiatives [1][2]

Group 1 - The core viewpoint of the news is that Hong Kong automotive stocks have collectively risen, with significant gains observed in companies like BYD, Chery, and others, following a meeting held by the Ministry of Commerce regarding automotive consumption policies for 2026 [1] - The Ministry of Commerce plans to implement a series of measures to boost automotive consumption, including optimizing the vehicle trade-in program and conducting pilot reforms in automotive circulation [1] - Analysts interpret the signals from the Ministry's meeting as positive, viewing it as a "starting gun" for supportive automotive consumption policies in 2026, which provides a clear expectation for industry support and structural growth direction [1] Group 2 - BYD shares rose approximately 4% to a latest price of 96.950, while Chery Automotive increased by over 2% to 28.620 [2] - Other automotive companies also saw gains, with Li Auto up 1.39%, Leap Motor up 1.41%, NIO up 1.29%, and Geely up 1.15% [2] - The overall positive sentiment in the automotive sector is reflected in the stock performance of various companies, indicating investor confidence in future growth driven by government policies [1][2]

2026年，奇瑞QQ跨越23年正式回归，并带来了纯电的全新QQ3，意在通过电动化、智能化的技术 革新，在新一年的车市竞争中增添新的筹码。 2026.02. 08 本文字数：885，阅读时长大约1分钟 作者 | 第一财经 葛慧 "40年前我第一次到海外的时候去美国。那个时候看到国外的大街上就已经有smart这样的精致小 车，五颜六色充满个性。开车的人看起来很年轻、很随性、很快乐。当时我就想，什么时候我们中国 的年轻人也能有一辆给自己带来快乐、表达我们快乐的中国经典小车。" 近 日 ， 在 奇 瑞 芜 湖 总 部 举 行 的 2026 奇 瑞 QQ 快 乐 之 夜 上 ， 作 为 QQ 最 早 的 车 主 ， 奇 瑞 汽 车 （09973.HK）董事长尹同跃分享了自己40年前的一段心路历程。他说，看到QQ就像看到自己的孩 子，"让我骄傲，让我快乐"。 奇瑞QQ是中国汽车工业史上一个绕不开的名字。自2003年起，奇瑞QQ在十年间不断迭代更新，累 计销量达154万辆，畅销海内外100多个国家和地区。2011年后，随着市场供给的不断丰富，奇瑞 QQ销量开始逐步走低。2014年，奇瑞QQ正式停产。 推荐阅读 京东公开00 ...

Core Viewpoint - Chery QQ, a significant name in China's automotive history, is set to return in 2026 with a new electric model, QQ3, aiming to leverage technological innovations in electrification and intelligence to compete in the evolving automotive market [4]. Group 1: Company Background - Chery QQ has sold a total of 1.54 million units over ten years since its launch in 2003, achieving popularity in over 100 countries and regions [4]. - The model was discontinued in 2014 due to declining sales as market competition intensified [4]. Group 2: Market Context - The current small electric vehicle market is highly competitive, with Wuling Hongguang MINIEV leading as a "national commuting vehicle" due to its cost-effective approach [5]. - The influx of various new and established brands has led to product homogenization, creating a "red ocean" of competition [5]. Group 3: Strategic Importance - The revival of QQ is a crucial part of Chery's brand matrix and global strategy, filling a gap in the smart and fun small car segment [4]. - Chery aims to utilize its strong overseas sales network to position the new QQ as a fresh representation in the youthful market [4].

Core Viewpoint - Chery Automobile is undergoing a dual transformation towards globalization and intelligence, with a clear equity structure and strategic partnerships driving its growth in the new energy and export markets [1][2]. Group 1: Company Overview - Chery Automobile, established in 1997, initially entered the mainstream and entry-level passenger car market with models like Fengyun and QQ, and is now focusing on global and intelligent development [1]. - The company operates under a governance structure that balances state-owned capital, strategic investors, and management equity, ensuring no direct interference from state capital in operations [1]. - Chery's financial performance is improving due to the scaling delivery of its new energy brands, including Fengyun, Shanhai, Xingjiyuan, iCAR, and Zhijie, alongside continuous growth in overseas revenue [1]. Group 2: Export Strategy - Chery's export strategy has evolved from focusing on developing markets to key single markets like Russia, and now expanding into Europe [2]. - The Tiggo series is central to Chery's export products, with a parallel offering of internal combustion engine (ICE) and plug-in hybrid electric vehicle (PHEV) models to cater to different regional markets [2]. - The company employs a localized approach in its overseas operations, utilizing a dealer authorization system and establishing local subsidiaries in certain countries, while adopting a multi-regional KD assembly model for manufacturing [2]. Group 3: Technological Development - Chery plans to integrate its subsidiaries, including Lion Technology and Dazhuo Intelligence, by 2025 to streamline its R&D efforts [3]. - The company is pursuing a "self-research + cooperation" dual-track strategy, leveraging its own R&D capabilities alongside partnerships with leading technology firms like Huawei and Horizon [3]. - Chery's vehicle platform system consists of both traditional fuel and new energy platforms, structured by price range and technology path [3]. Group 4: Financial Projections - Chery's projected net profits for 2025, 2026, and 2027 are expected to be 18.4 billion, 21.1 billion, and 25.4 billion yuan respectively [3]. - The company is compared to other publicly listed automotive firms, with expected price-to-earnings (PE) ratios of 14, 11, and 8 for the years 2025 to 2027 [3]. - Given the strong momentum in new energy development and stable export positioning, Chery is anticipated to command a higher valuation, with an initial "buy" rating assigned [3].

Group 1: Core Insights - Dongwu Securities projects Chery Automobile's net profit attributable to shareholders for 2025-2027 to be 18.4 billion, 21.1 billion, and 25.4 billion yuan respectively, with a PE ratio of 14, 11, and 8 times for the same period [1] - The company is recognized as a global technology-oriented automotive enterprise, transitioning towards globalization and intelligence, with a clear ownership structure involving state-owned, strategic investors, and management [1] - Chery's financial performance is bolstered by its strong momentum in new energy vehicles and stable export position, leading to improved financial data [1] Group 2: Brand Strategy - Chery's main brand targets the mainstream market with high cost-performance and diverse powertrain options, while its sub-brands cater to specific segments such as travel, high-end users, and younger demographics [2] - The Jietu brand focuses on travel and light off-road SUVs, while the Xingtu brand targets mid-to-high-end consumers [2] - The iCAR brand is aimed at the younger, personalized electric vehicle market, and the Zhijie brand emphasizes smart experiences through collaboration with Huawei [2] Group 3: Export Strategy - Chery has a phased export strategy starting from developing markets, focusing on key markets like Russia, and expanding into Europe [3] - The Tiggo series is central to Chery's export strategy, offering a mix of internal combustion engine (ICE) and plug-in hybrid electric vehicles (PHEV) to adapt to different regional markets [3] - The company employs a localized approach in its overseas operations, utilizing a dealer authorization system and local assembly to meet market demands [3] Group 4: Technological Development - Chery plans to integrate its subsidiaries and R&D functions by 2025 to enhance its research capabilities [4] - The company adopts a dual-track strategy of self-research and collaboration with leading technology partners like Huawei and Horizon [4] - Chery's vehicle platform strategy includes both traditional fuel and new energy platforms, structured by price range and technology path [4]

Group 1: Core Insights - Dongwu Securities projects Chery Automobile's net profit attributable to shareholders for 2025-2027 to be 18.4 billion, 21.1 billion, and 25.4 billion yuan respectively, with a higher valuation expected due to strong growth in new energy and stable export position [1] - Chery Automobile, established in 1997, is transitioning towards globalization and intelligence, supported by a clear equity structure involving state-owned, strategic investors, and management [1] - The company has a diversified brand system with five major brands catering to various market needs, including a focus on high cost-performance for the main brand and a high-end brand targeting mid-to-high-end users [2] Group 2: Export Strategy - Chery's export strategy has evolved from developing markets to key markets like Russia and now expanding into Europe, with a focus on risk management in these regions [3] - The Tiggo series is central to Chery's export products, utilizing multiple energy forms and configurations to adapt to different regional markets, with fuel vehicles forming the core of overseas sales [3] - The company employs a localized approach in its overseas operations, utilizing a dealer authorization system and local assembly to meet market demands [3] Group 3: Technological Development - Chery plans to integrate its subsidiaries and R&D functions by 2025 to enhance its research capabilities, adopting a dual approach of self-research and collaboration with leading technology partners [4] - The company has developed a platform-based vehicle manufacturing capability, with a structure that accommodates both traditional fuel and new energy platforms [4] - Chery introduced the "Falcon Intelligent Driving" solution in March 2025, emphasizing its commitment to smart technology development [4]