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China's top CICC raised its price target on local power battery giant CATL after the company announced Monday that it has extended its battery supply agreement ...
CICC is bullish on the whole industry chain boom and recommends focusing on NIO and Li Auto. ...
CICC said the marginal improvements are expected to drive sales and earnings higher in the auto sector in the second half of the year. ...
CICC believes that the practice of charging for self-driving features may not be sustainable in the long run, and that car companies need to move to a "channel ...
In today's China, whether to jump on the car-making bandwagon seems to be a choice every powerful tech company has to make. ...
CICC cut its price target on NIO by 27% to $62 from the previous $85, saying this is due to the pullback in Tesla as a "valuation anchor" for EV makers. It also ...
CICC said it expects NIO to sell 93,000 units in 2021 and is bullish on the company's medium- to long-term volume growth. ...
Li Auto has passed the 0-1 stage and is now entering the 1-10 stage, with a high growth period starting in 2021, China’s top investment bank CICC said in a repo ...
NIO announced January deliveries of 7,225 units, which China's top investment bank CICC believes is in line with the company's planned monthly capacity of 7,500 ...
CICC maintained its Outperform rating on NIO and raised its price target by 15% to $60, corresponding to a 23% upside. ...
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