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On 12/8/2024 at 9:45 PM, Lala81 said:

The average margin of the PRC car manufacturers is currently <3% supposedly. If don't have essentially free loans and govt support, not surprising.

It probably won't be as bad as Solar. But that's how the PRCs play the game. 

hhhmmm....PRC economy seems to be in a mess....real mess.. 

was listening to some reports and watching YT....but take it with a load of salt...so many videos' on car distributor there sinking and run road...and rows of shops all closed and deserted...

it seems the G there do not allow any of these news to be publish in their mainstream media...all "controlled"! 

No wonder I was reading about NODX exports and why the heck all the other countries exports are all -ve and yet SG can be +ve....dun really make sense. 

closer to home....i was reading up on the housing bubble...the scary part is now with a stroke of a pen, if G "tighten" the rules in the housing market, it may cause a downfall as what china is experiencing....scary thots - just thinking if we face with china housing situation....cry liao :sick:

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On 12/9/2024 at 11:16 AM, Spidey10 said:

hhhmmm....PRC economy seems to be in a mess....real mess.. 

was listening to some reports and watching YT....but take it with a load of salt...so many videos' on car distributor there sinking and run road...and rows of shops all closed and deserted...

it seems the G there do not allow any of these news to be publish in their mainstream media...all "controlled"! 

No wonder I was reading about NODX exports and why the heck all the other countries exports are all -ve and yet SG can be +ve....dun really make sense. 

closer to home....i was reading up on the housing bubble...the scary part is now with a stroke of a pen, if G "tighten" the rules in the housing market, it may cause a downfall as what china is experiencing....scary thots - just thinking if we face with china housing situation....cry liao :sick:

There was 18m car sold in China from Jan to Oct.  It is 11% yoy growth.

Either the economy really not so good or fake data.

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On 12/9/2024 at 11:53 AM, inlinesix said:

There was 18m car sold in China from Jan to Oct.  It is 11% yoy growth.

Either the economy really not so good or fake data.

the whole of China only 18 mil car sold?...then is not good leh...

middle income money all tied up in unfinished prop and cannot anyhow spend....jialat! 

and stuck on both side...cannot rent, and need to pay current rent and need to pay unfinished house....how?

jin cham! 

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On 12/9/2024 at 4:27 PM, Spidey10 said:

the whole of China only 18 mil car sold?...then is not good leh...

middle income money all tied up in unfinished prop and cannot anyhow spend....jialat! 

and stuck on both side...cannot rent, and need to pay current rent and need to pay unfinished house....how?

jin cham! 

Only 18m?  You think Tamiya car har...

How many new car you buy in a year? 😂

 

 

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On 12/8/2024 at 6:54 PM, Lala81 said:

BYD is 100% will be around.

Ora has Great Wall Motor as parent. 
Aion (GAC), Maxus (SAIC) will be around.

Chery (Qi Rui) has Jaecoo/Omoda in Malaysia. They are pretty big as well.
Then Geely with it's L&C, Zeekr, Polestar etc. 

Xpeng i think has enough brand presence to do it's own thing for a time being. I'm a shareholder. 

 

actually, Polestar is hemorrhaging. the sales volume is not enough while volvo is making decent gains. the one big giant that is next on the house of cards is Tata. Jag is under water while Land rover is still decent earnings, for the time being...

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