Dividend may Play a Baseline Allocation Role, Recommend Dividend Targets in Autos

English summary

In a volatile market, dividends are likely to play a role as a baseline allocation. The possibility of a dividend-style narrative or barbell allocation strategy similar to 2024 and 2025 cannot be ruled out. Excellent dividend targets in autos include Yutong Bus (7.5%), Sinotruk (6%), CIMC Vehicles (5.4%), and Weichai Power (3.6%). Driven by strong export growth, their fundamentals are all solid. Welcome to exchange! CITIC Autos