New energy vehicle companies' November performance report: How did they perform? A new round of chip bans is coming? | Today's important news review

Dolphin focuses on:

🐬 Macro/Industry

1. November has ended, and several new energy vehicle manufacturers have reported their November performance. Benefiting from the "Two New" policy drive, along with the promotional activities of "Double 11," many car companies set new sales records in November. The most notable is the leader BYD, whose new energy vehicle sales exceeded 500,000 in November. Xiaomi's SU7 delivery continued to exceed 20,000 units. Among the new forces, Li Auto delivered 48,740 new cars in November, a year-on-year increase of 18.79%, but a month-on-month decrease of 5.25%. Leapmotor broke through 40,000 units for the first time, XPeng surpassed 30,000 units for the first time, and Nio remained relatively stable, delivering 20,575 new cars.

2. China's Caixin Manufacturing PMI rose to 51.5 in November, expected at 50.5, previous value at 50.3, remaining in the expansion zone for two consecutive months. The continuous stimulus effect of policies on the economy seems to be beginning to show.

3. Foreign media reports indicate that the United States may announce new export restrictions on semiconductors today, involving 140 semiconductor equipment companies and advanced storage companies. SMIC, which is already subject to export controls, may face additional restrictions. This will be the third major blow from the U.S. attempting to target China's semiconductor industry, further compressing China's space in high-end chip manufacturing.

🐬 Individual Stocks

1. Dolphin focuses on tracking financial report interpretations and conference calls

Meituan: “Meituan: The most 'clumsy' Chinese concept stock ultimately laughs last?”, “Meituan: Can growth continue to be strong?”

🐬 Leading Sectors

Shanghai and Shenzhen: Diversified capital markets, food retailers, forest products;

Hong Kong stocks: Water and soft drinks, heavy electrical equipment, agricultural products;

U.S. stocks: Diversified capital markets, automobile manufacturers, paper products.

🐬 Attention for Tomorrow

1. None.

Risk disclosure and statement of this article: Dolphin Investment Research Disclaimer and General Disclosure