China Galaxy Securities: The opening of the Car Show and Humanoid Robot Convention is imminent, boosting sentiment in the automotive industry.
China Galaxy Securities stated that looking ahead to April, the effects of policies such as trade-in programs will continue to be evident. The Beijing Auto Show will kick off a new cycle of intensive new product releases, with a focus on high-end new energy vehicles, large five/seven-seat SUVs and sedans, flagship MPVs, and other niche markets. This will help boost market enthusiasm, stimulate car consumption, and further drive market demand.
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