Automobile Manufacturers

SERES

Today’s Key News Recap

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BIDU

89888

K3SD

03750

TSLA

HCCD

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09988

89988

HBBD

BABA

HUAWEI

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HXXD

XIACY

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HBUD

Apr 22 | Dolphin Research Key Watch:🐬 Macro/Sector 1) Trump said the U.S. will extend the ceasefire because of 'serious internal divisions' in Iran, until Tehran presents a unified negotiating plan and concludes talks.This should ease near-term Middle East tensions, supporting more stable oil prices and risk assets. However, core U.S.-Iran differences remain, Iran's stance is still tough, and talks face high uncertainty, so geopolitics risks are not fully cleared.🐬 Stocks 1、$CATL(03750.HK) CATL's 'Super Tech Day' unveiled the 3rd-gen 'Shenxing' ultra-fast charging battery. It delivers 10C-equivalent charging with up to 15C peak rate...

BIDU-SW

Baidu

BIDU-SWR

BIDU ADR US

CATL

Tesla

CATL HK SDR 30to1

BABA-W

BABA-WR

Alibaba HK SDR 5to1

Alibaba

Huawei

Goertek

XIAOMI-W

XIAOMI-WR

Xiaomi HK SDR 2to1

Xiaomi Corporation

Baidu HK SDR 10to1

CATL's new battery charges to 100% in 6 min; BABA unveils AI digital human 'Qwen Dimples' | Daily News Recap

Sanhua

Robot

Financial Analysis

Conference Minutes

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Below is Dolphin Research's Trans of Sanhua Intelligent Controls' FY25 annual report earnings call.---

SANHUA

BYD COMPANY

BYD Company Limited

BYD COMPANY-R

BYD Company

LI AUTO-W

Li Auto

BYD HK SDR 10to1

Sanhua Intelligent Controls (Trans): 2026 internal net profit growth target at 15%---

Seres Group Repurchased 1,097,670 A Shares

Seres Announces Vehicle Production and Sales Data for April and First Four Months

Seres Experiences 5.22% YoY Growth in New Energy Vehicle Sales in April

SERES released FY2026 Q1 earnings on April 29 During-Market (BJT), actual revenue HKD 29.19 B, actual EPS HKD 0.4875

Seres repurchased 550,600 A-shares for 49,974,800 yuan

Seres Establishes New Company with Bluedian Assets and Proceeds with Equity Expansion

Seres Plans to Repurchase Stocks to Boost Investor Confidence

SERES to Release FY2026 Q1 Earnings Report on April 29 During-Market BJT

Seres Joins BMW and Mercedes-Benz Joint Venture IONCHI

ByteDance Collaborates with Seres to Develop Smart Cockpit Solution

Seres Fully Establishes Chuangxin Investment

Seres Group issued March 2026 Sales and Production Report

Seres' Intelligent Driving Assistance System Users Reach 8.7 Million, Total Mileage Reaches 6.13 Billion Kilometers

SERES released FY2025 earnings on March 30 After-Market (BJT), actual revenue HKD 180.4 B (forecast HKD 187.51 B), actual EPS HKD 4.0111

SERES released FY2025 Q4 earnings on March 30 After-Market (BJT), actual revenue HKD 60.63 B (forecast HKD 97.45 B), actual EPS HKD 0.4199

Seres Reports 50.86% Pre-tax Profit Growth in 2025, Proposes 0.8 Yuan Cash Dividend Per Share

SERES to Release FY2025 Annual Earnings on March 30 After-Market (BJT), Forecast Revenue HKD 191.33 B

Chongqing CSRC Issues a Cautionary Letter to Daxin Accounting Firm

Seres Releases 2026 February Sales and Production Report

SERES Spins Off BluETrax to Set Up a New Company

HINSANG GROUP

RIVERINE CHINA

PASHUN INT RTS

BRAINAURORA-B

SOFTMEDX

GOLDENPOWER

ZHONGKE GROUP

VISION SYNERGY

GEMILANG INTL

GHPC

RIVN

LCID

515030

516110

159323

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Trump's China visit concluded without a breakthrough in electric vehicle (EV) trade discussions, although he remains optimistic about future negotiations. Meanwhile, China's state-backed EV industry continues to expand internationally despite U.S. tariffs, impacting global auto markets. In California, Governor Newsom has proposed a $200 million zero-emission vehicle (ZEV) incentive to encourage first-time EV adoption.

- Trump's two-day visit to China concluded without a breakthrough in electric vehicle (EV) trade discussions, despite his optimistic outlook for future negotiations.  
- China's state-backed EV industry is expanding internationally, significantly influencing global automotive markets, even in the face of U.S. tariffs.  
- California Governor Newsom has announced a $200 million zero-emission vehicle (ZEV) incentive, aimed at encouraging first-time EV adoption with matching contributions from manufacturers.

Rivian Automotive

Lucid

GraniteShares 1.25 Long TSLA Daily ETF

Guotai CSI Hong Kong Connect Automobile Industry Thematic ETF

Simplify Volt TSLA Revolution ETF

Hua Xia CSI New Energy Vehicles ETF

Global X Autonomous & Electric V

Guotai CSI 800 Automobile and Parts ETF

KraneShares Electric Vehicle

ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF

T-Rex 2X Long Tesla Daily Target ETF

Ping An CSI New Energy Vehicles Industry ETF

Hwabao WP CSI Intelligent Electric Vehicle ETF

Direxion Daily TSLA Bull 2X Shares

First Trust S-Network Future Vehicles & Tech ETF

GX CN EV BATT

Leverage Shares 2X Long TSLA Daily ETF

GraniteShares 2x Long TSLA Daily ETF

XPENG-W

NIO Inc. USD OV

NIO Inc

NIO-SW

XPeng

Trump ends China trip with no EV trade breakthrough

Yesterday, SERES's stock price fell sharply by 6.97%, closing at HKD 70.10, with a trading volume of HKD 93.03 million, making it the most active stock among those triggering a death cross signal. The MACD daily line formed a death cross below the zero axis, indicating that the previously weak bullish momentum is further diminishing, and bearish momentum is accelerating. The stock price's single-day decline of nearly 7% significantly deviates from the recent fluctuation range, with the market showing concentrated selling pressure. In terms of volume, the trading amount has increased compared to previous periods, indicating that some investors are choosing to exit at this level. On the news front, the Hong Kong stock automotive sector is under overall pressure, with BYD's shares falling nearly 2% to HKD 101 yesterday, and Geely Auto also experiencing a slight decline, with the sector showing weak linkage. In the global macro environment, WTI crude oil has returned to a high of USD 105, putting pressure on the cost side for automotive manufacturers, and the market's profit margin expectations for new energy vehicle companies have been revised downwards. Meanwhile, Federal Reserve Bank of New York President John Williams stated that there is no reason for a rate cut in the short term, and the high-interest-rate environment continues to suppress the valuations of growth assets. As SERES is a major manufacturing partner of the Aito brand, its sales data and the progress of Huawei's smart car business are focal points for investors, but there has been a lack of clear positive catalysts recently. From a technical perspective, the stock price has fallen below several short-term moving averages, and the MACD's death cross below the zero axis confirms a bearish mid-term trend. If the stock cannot quickly recover the HKD 72-73 range in the following trading days, bearish inertia may push the stock price further down to seek support around HKD 65

Technical Forecast

GEELY AUTO

GEELY AUTO-R

GEELY AUTOMOBILE HOLDINGS LIMITED SPON ADS EACH REP 20 ORD

Geely Auto

Pre-market trend | SERES (9927.HK) plummeted nearly 7% on 5/5 with increased volume, is it an acceleration of short selling or a release of panic?

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Seres Group Co. Ltd. reported a 24% year-to-date increase in new energy vehicle (NEV) production, with April output at 34,491 units. Sales for April reached 33,132 units, marking a 5.22% annual rise and nearly 30% growth year-to-date. The growth is driven by Seres-branded models, despite a decline in other models. The company is focusing on its flagship Seres line, indicating a strategic shift that may impact capacity allocation and profitability in the competitive Chinese EV market.

Tip Ranks

E Fund CSI Auto Components Thematic ETF

Seres Group Posts Strong Year-to-Date NEV Growth as Seres Models Outpace Wider Portfolio

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HUAQIN(03296) rose 7.76%, with a trading turnover 263.6 Million HKD, and a year-to-date rose 26.9%. CKH HOLDINGS(00001) rose 4.13%, with a trading turnover 1.0 Billion HKD, and a year-to-date rose 28.4%. SERES(09927) fell 6.97%, with a trading turnover 93.0 Million HKD, and a year-to-date fell 34.5%. OMNIVISION(00501) fell 5.48%, with a trading turnover 31.6 Million HKD, and a year-to-date fell 19.4%.

- The Hang Seng Index decreased by 0.76%, with an annual increase of 1%.  
- The Hang Seng Technology Index dropped 0.94%, reflecting a yearly decline of 10.6%.  
- Notable movers include Huajin Technology rising 7.76% and CK Hutchison increasing by 4.13%, while Seres and OmniVision saw declines of 6.97% and 5.48%, respectively.

Top Gainers&Losers

HUAQIN

CKH HOLDINGS

BEKE-W

CHALCO

OMNIVISION

HSBC HOLDINGS

HORIZONROBOT-W

CTG DUTY-FREE

Top 5 HK Stock Gainers/Losers (>100B) (5.5)

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FAMEGLOW(08603) fell 12.19%, with a trading turnover 14.5 Million HKD, and a year-to-date rose 9.6%. NEW VISION CO(02632) fell 9.51%, with a trading turnover 30.8 Million HKD, and a year-to-date rose 94.9%. RUIFENG POWER(02025) fell 9.38%, with a trading turnover 3.8 Million HKD, and a year-to-date fell 14.8%.

FAMEGLOW

NEW VISION CO

RUIFENG POWER

XIMEI RESOURCES

MANYCORE TECH

QINGSONG HEALTH

GUANZE MEDICAL

SINOHYTEC

EVERG SERVICES

Top 10 HK Stock Losers (5.5)

Huawei plans to invest over $10 billion in smart-driving R&D over the next five years, with $3 billion allocated globally this year. The company aims to enhance computing power for training and has showcased 38 vehicle models featuring its technologies. Huawei's automotive segment is rapidly growing, with a 72% revenue increase in 2025, driven by partnerships with Chinese automakers and the success of its Aito brand, which has surpassed German competitors in the premium vehicle market.

Asiaone

AUDI AG

Toyota Motor Corp.

Toyota Motor

GAC GROUP

GAC Group

DONGFENG GROUP

Bayerische Motoren Werke AG

Mercedes-Benz Group AG

ZEEKR Intelligent Tech

Toyota

BAYERISCHE MOTOREN WERKE AG ADR EACH REPR 0.33333 SHS SPONSORED

Bayerische Motoren Werke AG Pref

Huawei commits $10 billion to boosting computing power for smart driving

On April 23, Aito launched an industry-first road hazard warning feature. Vehicles equipped with ADS can autonomously report hazards and notify nearby vehicles. The driver incapacitation assistance function will debut in 2025; after upgrading to version 2.0, vehicles will be able to autonomously drive to safe areas for parking in highway scenarios

Wallstreetcn

Aito Upgrades Driver Incapacitation Assistance Function

Seres Group Co. Ltd. has announced its board composition, featuring four executive directors, four non-executive directors, and five independent non-executive directors. This structure emphasizes independent oversight and diverse expertise. The company also detailed its five key board committees: Audit, Remuneration and Appraisal, Nomination, Strategy, and ESG, aiming to enhance corporate governance transparency and formalize its strategy and sustainability oversight. Seres Group is listed in Hong Kong under stock code 9927.

Seres Group Sets Out Board Line-up and Key Committee Roles

SERES(09927.HK)