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baccaratchips| Changes in A-shares 丨 Automobile stocks fluctuated and fell in late trading, with Ankai Bus falling more than 5%

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Gelonghui May 15| Ankai Bus fell more than 5%baccaratchips, Haima Motor fell more than 4%baccaratchips, Jinlong Automobile, Jianghuai Automobile, Yutong Bus, Dongfeng Motor, and Beiqi Blue Valley fell more than 3%, while Changan Automobile, Celis, BYD, Great Wall Motor, and FAW Jiefang fell more than 2%. On May 14, local time, the Biden administration imposed new tariffs on China. Among them, the tariff on imported electric vehicles from China will increase from 25% to 100%. It is reported that the impact of the United States 'imposition of additional automobile tariffs on China is expected to be limited, because the United States has not currently imported pure electric vehicles from China on a large scale. The main markets for China's electric vehicle exports are Europe and Southeast Asia. In 2023, China will export 640,000 pure electric vehicles to Europe, accounting for 41baccaratchips.27%; exported 310,000 pure electric vehicles to Southeast Asia, accounting for 20%baccaratchips.09%。Nomura said that since the European Union and the United Kingdom account for 40% of China's electric vehicle exports, if Europe follows the United States and imposes high punitive tariffs on Chinese electric vehicles, China's electric vehicle industry may face greater pressure.

baccaratchips| Changes in A-shares 丨 Automobile stocks fluctuated and fell in late trading, with Ankai Bus falling more than 5%