Huatai Securities: Commercial Vehicles Will Usher In Recovery In 2023, Optimistic About The Recovery Of Leading Companies' Profits

Huatai Securities stated that under the favourable conditions of the Shanghai Auto Show and the peak season for car purchases before the May Day, the wait-and-see demand in the passenger car market from April to May is expected to contribute to actual transactions, driving sales growth.

Under the general trend of intelligent and electrified development, Made in China will make simultaneous efforts to localise and expand overseas markets.

Commercial vehicles will usher in a recovery in 2023, and the recovery of leading companies' profits is promising.