此外，招商证券指出，继“金九”之后，10月车市持续升温。本周，中国汽车流通协会发布的最新一期“中国汽车经销商库存预警指数调查”显示，10月中国汽车经销商库存预警指数为50.5%，同比下降8.1个百分点，环比下降3.5个百分点，为2024年以来最低值。中国汽车流通协会预计，10月乘用车终端销量在225万辆左右，将实现同比和环比双增长。Car dealers rose across the board in early trading, as of the time of publication, Meidong Auto (01268) rose by 5.78% to HKD 2.38; Yongda Auto (03669) rose by 3.8% to HKD 1.64; Harmony Auto (03836) rose by 1.3% to HKD 0.78; Zhongsheng Hldg (00881) rose by 0.17% to HKD 11.48.
According to the China Merchants Financial News App, car dealers rose across the board in early trading, as of the time of publication, Meidong Auto (01268) rose by 5.78% to HKD 2.38; Yongda Auto (03669) rose by 3.8% to HKD 1.64; Harmony Auto (03836) rose by 1.3% to HKD 0.78; Zhongsheng Hldg (00881) rose by 0.17% to HKD 11.48.
On the news front, on September 25, Xing Haitao, Secretary and Secretary-General of the Party Branch of the China Federation of Industry and Commerce Automobile Dealers Association, stated that the China Federation of Industry and Commerce recently organized the 'Face-to-Face between Government and Enterprises in the High-Quality Development of the Automotive Distribution Industry' seminar in Beijing; the China Federation of Industry and Commerce Automobile Dealers Association held a special symposium on 'Financial Institutions Supporting Healthy and Sustainable Development of the Automotive Distribution Industry' on October 29, with the Ministry of Commerce, the People's Bank of China, and other industry regulatory authorities attending for research and guidance. The China Federation of Industry and Commerce Automobile Dealers Association and enterprises suggested that financial institutions objectively view industry issues at the current stage, provide corresponding financial support under the premise of legality, compliance, and controllable risks, optimize loan policies for automotive distribution companies, and appropriately reduce thresholds.
In addition, China Merchants Securities pointed out that following the 'Golden September', the auto market continued to heat up in October. This week, the latest 'China Automobile Dealers Inventory Alert Index Survey' released by the China Automobile Dealers Association showed that in October, the inventory alert index for China's automobile dealers was 50.5%, a year-on-year decrease of 8.1 percentage points and a month-on-month decrease of 3.5 percentage points, hitting the lowest value since 2024. The China Automobile Dealers Association expects that in October, passenger vehicle retail sales will reach around 2.25 million units, achieving a year-on-year and month-on-month double growth.
