Lates News

Lyon released a research report stating that Ideal Car's first-quarter performance met expectations with a 16% annual increase in sales volume and a car interest rate raised to 19.8%. The management disclosed that Ideal i8 and i6 are expected to be released in July and September. Lyon expects the sales performance of the new car models to become the next focus for investors. They anticipate that i8 will use the latest self-developed VLA module to provide owners with a top-level advanced driving experience. The bank maintains its "outperform the market" rating and keeps the ADR and H-share target prices at $36 and HK$140, respectively.