China Auto Sector to See Positive Growth in 4Q, Says RHB Securities’s Zhuang

The transcript discusses the trends in the Chinese automotive market, highlighting the normalization of inventory levels and the expected positive growth in the fourth quarter. It provides historical context, noting the double-digit negative growth in the fourth quarter of 2018 and the impact of the Chinese New Year on sales. The discussion also covers factors such as the previous tax cuts that influenced sales in 2018 and 2019, and the potential for a return to normal sales levels in 2020. The Great Wall's performance is seen as a positive indicator for the sector.

What does the performance of Chinese automakers in the third quarter suggest about the market?

• The market is booming.

• The market is unpredictable.

• The market is stabilizing.

• The market is declining.

What significant event in the fourth quarter of 2018 affected the auto market?

• Introduction of new models.

• Increase in fuel prices.

• Start of double-digit negative growth.

• Rise in consumer demand.

How does the early Chinese New Year in 2020 impact auto sales?

• It decreases sales.

• It has no impact.

• It delays sales.

• It increases sales.

What effect did the previous Chinese purchase tax cut have on auto sales?

• It decreased sales.

• It delayed sales.

• It had no effect.

• It pulled forward sales.

What does the performance of Great Wall indicate about the auto sector?

• A positive sign for the sector.

• No change in the sector.

• A negative outlook for the sector.

• A decline in the sector.