Yadea Holdings (01585) rose by nearly 4%, as of the time of drafting, it rose by 3.72%, closing at 13.38 Hong Kong dollars, with a turnover of 0.154 billion Hong Kong dollars.
According to the Wisdom Finance APP, Yadea Holdings (01585) rose by nearly 4%, as of the time of drafting, it rose by 3.72%, closing at 13.38 Hong Kong dollars, with a turnover of 0.154 billion Hong Kong dollars.
On the news front, GF Securities pointed out that the short-term two-wheeler industry will benefit from new policies and subsidies, with long-term demand still having room for improvement. In the short term, the revision of the "New National Standard" in 2019 has accelerated the replacement of existing vehicles, driving industry growth and concentration. The new round of revisions to the "New National Standard" in 2024 will bring stricter industry regulations, coupled with subsidies for old-for-new exchanges, is expected to accelerate the replacement of existing vehicles and increase industry concentration.
Long-term outlook shows that there is room for improvement in both C-end and B-end demand in the domestic market. The overseas market is still a blue ocean at present. With factors such as subsidies and bans on motorcycles driving the market, there is potential for rapid development. Guolian Securities previously stated that with the publication of the draft of the new national standard, the core rules of the industry are clear, the company's new product launch pace is gradually recovering; coupled with the gradual boost in industry demand from the old-for-new policy, the company's operational turning point is imminent.