China Merchants Securities International: Some car companies weakened in November in line with expectations that the vehicle was first promoted by Geely (00175)

The Zhitong Finance App learned that China Merchants Securities International released a research report saying that the month-on-month weakening of some Chinese car companies in November was in line with expectations, and recommended a forward-looking layout of high-quality stocks. Geely (00175) is the first vehicle to be launched. It is expected that about 10 new cars will drive domestic sales next year, and exports will continue to grow at a high rate. Second, we recommend BYD shares (01211) and Xiaopeng Motor-W (09868).

In terms of auto parts, the bank recommended Minshi Group (00425) because it crossed the border into new AI tracks such as humanoid robots and low-altitude economy. Open up new market spaces. At the same time, Fuyao Glass (03606) is recommended for steady growth due to its outstanding advantages in the Group's industrial chain. In terms of the robotics and smart driving industry chain, the stock prices of robot and smart driving chain companies have generally declined in stages due to the large AI industry chain. I am optimistic about AI+ cars and AI+ robot tracks in the medium to long term. We recommend Preferential Choice (09880), Horizon Robot-W (09660), Hesai-W (02525), and Jizhijia-W (02590).