This article is the first of our three part introduction to China’s automobile industry. In this article, we Introduce the size and scale of China’s auto industry in the global context with references to other key auto markets such as the US, Japan, Germany, and India Examine domestic vehicle sales and production numbers including new […]
In this article, we introduce Zhejiang Geely Holding Group, more commonly known as just Geely (吉利), one of China’s largest private auto manufacturers which produces a range of affordable to premium cars under in-house as well as acquired Volvo and London EV Company (LEVC) marques. We also examine the financials for Geely Auto (吉利汽车)(HKEX: 0175), […]
China is the world’s largest e-commerce market, with a total gross merchandise value (GMV) of RMB13.1 trillion (approximately USD2.06 trillion) transacted on e-commerce platforms nationwide in 2021 (National Bureau of Statistics of China). The country’s e-commerce landscape has grown and changed drastically over the past two decades, capturing the rise in consumer income as China’s […]
In Part 1 of our SAIC series, we introduced the history, development timeline, and brand portfolio of SAIC Motor (Chinese: 上海汽车集团) (SHA: 600104), China’s number one automaker in terms of vehicle sales for over 15 years. This article is the continuation of and final article in the series, which includes a financial overview of SAIC, […]
On Sunday 24th July, 2021, the Chinese State Council formally announced its new set of policies (source) on after-school education organizations. The document written by the State Council contains guiding principles on the regulation of supplementary (i.e. after-school or weekend) K-12 classes that will be circulated to local provincial and city level education bureaus for […]
In this article, we introduce Changan Automobile (长安汽车)(SZEX: 000625), one of China’s largest state-owned auto manufacturers which focuses on producing affordable and occasionally medium tier passenger and commercial vehicles under Ford, Mazda, and in-house developed brands. This article is part of our China auto industry series, which includes: Click here to subscribe and stay tuned […]
Supplementary (or after-school) education organizations, often referred to more colloquially as “cram schools”, play a very significant role in the lives of Chinese people. In this article, we provide some background context as to why these organizations are so important, summarize the Chinese education landscape, and present a snapshot of the ten largest and most […]
In this article, we provide a business and financial overview of Chinese private auto manufacturer Great Wall Motor (Chinese: 长城汽车))(HKEX: 2333)(SHA: 601633). Great Wall Motor is China’s leading producer of affordable SUVs (namely the Haval range) and pick-up trucks, although the brand has branched out in recent years to produce feminine electric vehicles (the ORA […]
DiDi (Chinese name: 滴滴), a Chinese equivalent of Uber or Southeast Asia’s Grab, went public on the New York Stock Exchange on June 30th, 2021, as the largest IPO of a Chinese company to go public on an American exchange since the IPO of Alibaba Group. However, two days later, the Cyberspace Administration of China […]
In this article, we introduce SAIC Motor (Chinese: 上海汽车集团) (SHA: 600104), China’s number one automaker in terms of vehicle sales for over 15 years. This article provides a timeline of SAIC’s formation and development over the past 70 years, a breakdown of the company’s six operating segments, as well as an overview of SAIC’s automobile […]
In Part 1 of our BYD series, we introduced the history and business model of Build Your Dreams (BYD) Group (Chinese: 比亚迪)(HKEX: 1211)(SZEX: 002594). This article is the continuation of and final article in the series, which includes a financial overview of BYD, an examination of the company’s auto sales data, and a summary of […]
In this article, we introduce XPeng (Chinese: 小鹏汽车)(NYSE: XPEV)(HKEX: 9868), a Chinese start-up founded in 2015 which manufactures and sells “smart” electric vehicles targeting the mid- to high-end range of China’s automobile market. This article is part of our China auto industry series, which includes: Click here to subscribe and stay tuned for future updates! […]
In this series, we explore one of China’s most iconic internet companies that captures the country’s rapid economic boom during the 2000s – Alibaba Group (Chinese: 阿里巴巴集团). Since its founding in 1999, Alibaba has grown to become the largest retail commerce business in the world in terms of gross merchandise value (GMV), with a GMV […]
In this article, we introduce NIO (Chinese: 蔚来)(HKEX: 9866)(NYSE: NIO)(SGX: NIO), a Chinese start-up founded in 2014 which designs and jointly manufactures “smart” electric vehicles targeting the mid-high range of China’s automobile market. This article is part of our China auto industry series, which includes: Click here to subscribe and stay tuned for future updates! […]