HK Stock Market Move | Car dealers have raised prices across the board. The China Automobile Dealers Association predicts that the car market will rebound in March. Institutions say that the market is actively maintaining inventory accumulation.

Car dealers across the board have seen their stock prices rise. As of the time of writing, MEIDONG AUTO (01268) has risen by 14.6% to 2.59 Hong Kong dollars; YONGDA AUTO (03669) has risen by 8.43% to 2.83 Hong Kong dollars; ZHONGSHENG HLDG (00881) has risen by 7.79% to 13.84 Hong Kong dollars; HARMONY AUTO (03836) has risen by 5.45% to 0.58 Hong Kong dollars. In terms of news, according to the latest survey results of the Chinese Automobile Dealers Association's Inventory Alert Index, the inventory alert index of Chinese automobile dealers in February 2025 reached 56.9%, down 7.2 percentage points from the same period last year and down 5.4 percentage points from the previous month. The inventory alert index for February showed a trend of simultaneous and sequential declines. The Automobile Consumption Index published by the Automobile Distribution Association shows that the automobile consumption index for February 2025 was 73.4, an increase from the previous month, and it is expected that sales in March will rebound compared to February. Guoyuan previously pointed out that the downward trend in retail sales compared to the same period last year from February 1 to 23 has narrowed compared to the previous week, but the growth rate of wholesale volume is faster, further widening the gap between wholesale and retail growth rates. The market continues to actively increase inventory. New energy vehicles continue to grow rapidly, but the growth rate on the retail side is limited compared to the previous period, also showing a trend of increasing inventory.