交银国际：建议投资者把握内地车企结构行情同时保持审慎关注短期波动

智通财经11-12

智通财经APP获悉，交银国际发表研究报告，予内地汽车行业领先评级。2026年新能源购置税减免政策调整有望刺激消费者2025年底前集中购车，车企年末冲量及春节前建库需求，该行预计年末乘用车销量仍将维持高景气。但第四季集中放量后，2026年第一季或回到季节性淡季，建议投资者把握结构行情同时保持审慎，关注短期波动。该行建议关注小鹏汽车-W(09868)全新P7/增程车型陆续上市，同时海外本地化生产逐步...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2582343803?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2025-11-12 11:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2582343803","market":"fut","top_or_hot":-1,"title":"交银国际：建议投资者把握内地车企结构行情同时保持审慎 关注短期波动","media":"智通财经","content":"<div>\n<p>智通财经APP获悉，交银国际发表研究报告，予内地汽车行业领先评级。2026年新能源购置税减免政策调整有望刺激消费者2025年底前集中购车，车企年末冲量及春节前建库需求，该行预计年末乘用车销量仍将维持高景气。但第四季集中放量后，2026年第一季或回到季节性淡季，建议投资者把握结构行情同时保持审慎，关注短期波动。该行建议关注小鹏汽车-W(09868)全新P7/增程车型陆续上市，同时海外本地化生产逐步...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1368143.html\">网页链接</a>\n\n</div>\n","source":"stock_zhitongcaijing","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>交银国际：建议投资者把握内地车企结构行情同时保持审慎 关注短期波动</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n交银国际：建议投资者把握内地车企结构行情同时保持审慎 关注短期波动\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-11-12 11:44 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/1368143.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉，交银国际发表研究报告，予内地汽车行业领先评级。2026年新能源购置税减免政策调整有望刺激消费者2025年底前集中购车，车企年末冲量及春节前建库需求，该行预计年末乘用车销量仍将维持高景气。但第四季集中放量后，2026年第一季或回到季节性淡季，建议投资者把握结构行情同时保持审慎，关注短期波动。该行建议关注小鹏汽车-W(09868)全新P7/增程车型陆续上市，同时海外本地化生产逐步...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/1368143.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2360107325.USD","symbol_name":"BGF FUTURE OF TRANSPORT \"A4\" (USD) INC","start_time":0,"source_url":"http://www.zhitongcaijing.com/content/detail/1368143.html","article_id":"2582343803","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2582343803","pubTimestamp":1762919080,"columns":[],"sourceInfo":{"source_id":"stock_zhitongcaijing","name":"智通财经网"},"weMediaInfo":null,"summary":"智通财经APP获悉，交银国际发表研究报告，予内地汽车行业领先评级。2026年新能源购置税减免政策调整有望刺激消费者2025年底前集中购车，车企年末冲量及春节前建库需求，该行预计年末乘用车销量仍将维持高景气。但第四季集中放量后，2026年第一季或回到季节性淡季，建议投资者把握结构行情同时保持审慎，关注短期波动。报告指，10月乘用车零售销量同比及环比微降。","collect":0,"end_time":0,"defaultTopTitle":"zhitongcaijing.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"80175":"吉利汽车-R","LU2360107325.USD":"BGF FUTURE OF TRANSPORT \"A4\" (USD) INC","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","BK1539":"汽车股","BK1521":"挪威政府全球养老基金持仓","LU1282651121.HKD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"AMG\" (HKD) INC","GELYY":"吉利汽车ADR","IE00BZ08YT58.USD":"GUINNESS BEST OF CHINA \"C\" (USD) ACC","LU0315179316.USD":"EASTSPRING INVESTMENTS ASIAN DYNAMIC \"A\" (USD) ACC","LU1224444064.USD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"AM\" (USDHDG) INC","LU0593848301.USD":"未来资产亚洲卓越消费股票基金A","BK1589":"北水核心资产","LU0293314216.USD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"A\" (USD) ACC","BK1119":"汽车制造商","03329":"交银国际","LU1861214812.USD":"Blackrock Future of Transport A2 USD","LU1282651048.USD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"AMG\" (USD) INC","SG9999002828.SGD":"Eastspring Investments Unit Trusts - Dragon Peacock A SGD","LU1861219969.SGD":"Blackrock Future of Transport A2 SGD-H","BK1588":"回港中概股","00175":"吉利汽车","IE00BZ08YR35.GBP":"GUINNESS BEST OF CHINA \"C\" (GBP) ACC","BK1610":"ETF&股票定投概念","IE00BZ08YS42.EUR":"GUINNESS BEST OF CHINA \"C\" (EUR) ACC","BK1575":"同股不同权","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","BK1147":"投资银行业与经纪业","BK1587":"次新股"},"translate_title":"BoCom International: Investors are advised to grasp the structural market conditions of mainland car companies while remaining cautious and paying attention to short-term fluctuations","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"80175":0.6,"EVS.SI":0.6,"03329":1.5,"00175":0.9,"GELYY":0.6},"content_text":"智通财经APP获悉，交银国际发表研究报告，予内地汽车行业领先评级。2026年新能源购置税减免政策调整有望刺激消费者2025年底前集中购车，车企年末冲量及春节前建库需求，该行预计年末乘用车销量仍将维持高景气。但第四季集中放量后，2026年第一季或回到季节性淡季，建议投资者把握结构行情同时保持审慎，关注短期波动。该行建议关注小鹏汽车-W(09868)全新P7/增程车型陆续上市，同时海外本地化生产逐步落地，带动销量和毛利率提升;吉利汽车(00175)私有化极氪后推动内部资源整合;赛力斯问界系列进一步拓展高端市场并提升盈利水平。报告指，10月乘用车零售销量同比及环比微降。随着部分省市以旧换新补贴政策收紧，及高基数效应，2025年10月全国乘用车市场零售224万辆，同比升0.8%，环比跌0.1%;1-10月乘用车零售累计1925万辆，同比升7.9%。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.35.11","shortVersion":"4.35.11","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2582343803","isCrawlerRequest":true}

交银国际：建议投资者把握内地车企结构行情同时保持审慎 关注短期波动

精彩评论

交银国际：建议投资者把握内地车企结构行情同时保持审慎关注短期波动