This article only represents the author's own views.
China’s accelerating car market has put online trader Autohome Inc. (ATHM.US; 2518.HK) on the road to a post-Covid recovery, with some bumps along the way.
Government measures to boost auto consumption, backed by promotions from manufacturers, powered a 5.6% rise in Chinese passenger car sales last year to 21.7 million units, according to vehicle industry statistics. The jump was nearly triple the 1.9% rise in 2022, making China the world’s biggest auto market.
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