小摩:中国汽车行业 2025 年业绩前瞻

智通财经
Jul 15, 2025

编者按:随着时间进入2025年第二季度财报季,摩根大通分析师尼克赖(Nick Lai)对中国汽车行业2025年业绩进行了前瞻,将零跑汽车列入积极催化剂观察名单,因其有望比预期提前一个季度实现盈利,同时将比亚迪(002594)/吉利2025年的盈利预期下调约10%。中国汽车2025年下半年-2026年的三大结构性驱动因素:盈利、政策和竞争格局主要观点如下——将零跑汽车(09863)列入积极催化剂名单...

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