汽车行业周动态：乐道L60上市72小时大定超3万，智界R7上市

Investment Rating - The report maintains an "Overweight" rating for the automotive sector, with specific companies recommended for "Buy" or "Increase" ratings [1][3]. Core Insights - The automotive sector is expected to experience upward momentum, driven by policies promoting vehicle trade-ins and a low base from the previous year, which may lead to an increase in retail sales of passenger vehicles [9][10]. - The report highlights the successful launch of the NIO's Le Dao L60 and the Zhijie R7, with significant pre-order numbers indicating strong market interest [8][9]. - The automotive sector's performance in the week of September 20-27, 2024, showed a 11.1% increase, lagging behind the broader market indices [10][14]. Summary by Sections 1. Recent Developments - The Le Dao L60 was launched on September 19, 2024, with over 30,000 pre-orders within 72 hours, showcasing a strong market response [8][9]. - The Zhijie R7 was launched on September 24, 2024, with over 6,000 pre-orders within 24 hours, indicating robust demand [8][9]. 2. Sector Performance and Valuation - For the week of September 20-27, 2024, the automotive sector index rose by 11.1%, while the Shanghai Composite Index increased by 12.8% and the ChiNext Index by 22.7% [10][14]. - The automotive sector's PE-TTM (unadjusted) was reported at 25.6, with historical valuation percentiles indicating a relatively stable valuation environment [10][14]. 3. Key News and Announcements - The report notes significant announcements from various companies, including investment plans and performance forecasts, which may impact market dynamics [19][20][23].