Ministry of Finance, State Administration of Taxation, and Ministry of Industry and Information Technology: New energy vehicles purchased from January 1, 2024 to December 31, 2025 are exempt from vehicle purchase tax. The tax exemption for each vehicle shall not exceed 30000 yuan. From 2026 to 2027, it will be halved, with a tax exemption of no more than 15000 yuan per vehicle. This policy is expected to reduce the total amount of tax to 520 billion yuan. The news itself is certainly positive, but there were already expectations. Tomorrow, it is estimated that the relevant sectors will make a splash, but it is only a splash. Refugees in new energy should not have too much hope.
On Friday, the AI sector plummeted by 5%, of which the popular stock Kunlun Wanwei dropped by 20%. The incentive was that the chairman planned to reduce his 3% stake in the early stage, on the pretext of lending money to the company. However, the Secondary market was not stupid. Equity turned into creditor's rights, and the essence was high level cash out. The AI sector has risen by 85% since the beginning of this year, and we cannot say that this wave has reached its peak. However, the value to market ratio is definitely getting lower and lower. From now on, I believe we should be cautious in investing in the AI sector, as the A-share market fluctuates every year. Last year, new energy surged crazily, but this year it has been battered like this. New energy has a rapidly growing market foundation, and the AI industry, whose business form is still unclear, will be even more difficult to land.
Two Chinese citizens have been convicted in the United States, accusing them of "forcibly returning people residing in the United States to China". I think some readers may be confused by this accusation. In fact, China has not given up on pursuing criminals who have fled overseas, especially corrupt officials who have fled with stolen money. However, we do not have extradition agreements or law enforcement powers in the United States, so local police will cooperate and carry out some persuasion actions. However, with the deterioration of Sino US relations, the United States is suspected of retaliating against this, Because just four days ago, the United States protested against China's arrest of three Americans.
The Dragon Boat Festival has the second highest box office in history, with a total of 909 million yuan. "Lost She" is a remake of a movie. I recommended dangerous wives to you a few years ago, which is similar to the plot framework. I really dislike the strange words used in movie promotion now, such as often saying 'reverse down', which makes people inexplicably wonder whether it's a drop or a rise. I don't even know how to speak good Chinese. 'Reverse down and reverse down', I'm your father.
The sales of narrow passenger cars in June are expected to reach 1.83 million yuan, an increase of 5.2% month on month, which is average.
