{"id":2637,"date":"2013-12-25T18:15:37","date_gmt":"2013-12-25T18:15:37","guid":{"rendered":"https:\/\/www.sellanycar.com\/cars-related\/?p=2637"},"modified":"2013-12-26T12:44:18","modified_gmt":"2013-12-26T12:44:18","slug":"build-hope-will-drive","status":"publish","type":"post","link":"http:\/\/18.202.220.25\/en\/guides\/build-hope-will-drive\/","title":{"rendered":"Build it and hope they will drive it"},"content":{"rendered":"

Come late to the party and there won\u2019t be much cake left. French auto maker\u00a0Renault (RNO.EPA)<\/strong>\u00a0has taken a big risk in not setting up production facilities in China. It is finally doing so in a US$1.27 billion partnership with\u00a0Dongfeng Motor Group (HKG.0489)<\/strong>\u00a0that has just been approved by regulators. Renault desperately needs to boost its paltry 3.1% share of the Chinese passenger car market as sales growth in Europe and other developed markets continues to slow. The joint venture aims to have locally manufactured cars on the road by the first half of 2016. Rivals have been building in China for years, leaving the French firm with much ground to catch up on, but Europe-based analysts told China Economic Review they are upbeat on its prospects. Key to this is its partnership with Japanese auto firm\u00a0Nissan (7201.TYO),<\/strong>\u00a0<\/b>which has had facilities in China for more than a decade. \u201cWe are in a second stage in the alliance between Nissan and Renault where synergies increase meaningfully as both companies are increasingly linked. China should be for them one of the regions with the highest potential for additional synergies,\u201d Thomas Besson, a Paris-based analyst at KeplerCheuvreux, said in an email. \u201cBoth companies will use similar platform, components and suppliers. Clearly Renault is late, but Nissan’s presence and expertise gives them a strong hedge.\u201d Besson has a \u201cbuy\u201d rating on the stock.<\/p>\n

Getting faster at shopping and searching<\/strong><\/p>\n

China Economic Review<\/em>\u00a0doesn\u2019t like to repeat stock themes too often but when market enthusiasm snowballs and analysts get so excited it doesn\u2019t hurt to have a second look. Just over two weeks ago, regulators finally issued licenses for 4G networks (albeit on a single standard for now) that will enable China\u2019s fast-growing army of smartphone users to do even more on their devices. As previously noted, China Mobile\u00a0(CHL.NYSE, 0941.HKG)<\/strong>\u00a0has the lead on the first standard and is strongly positioned to jump ahead of rivals in this field.\u00a0Francis Cheung,<\/em>\u00a0<\/i>head<\/em>\u00a0of China and Hong Kong\u00a0strategy<\/em>\u00a0<\/i>for\u00a0CLSA<\/em>\u00a0Asia-Pacific Markets, on Wednesday enthused to reporters in a presentation about the stocks that shine in 4G\u2019s light.\u00a0VIPShop Holdings (VIPS.NYSE),<\/strong>\u00a0China\u2019s largest website for \u201cflash sales\u201d where users have a limited amount of time to buy specially reduced items, should see more users from faster net speeds; its stock price has quadrupled in 2013 to date. Cheung, who expressed his surprise at how cheap smartphones have become, has included\u00a0Lenovo (0992.HKG)<\/strong>\u00a0in his top 10 stock picks on \u201cimproving profitability in China smartphones.\u201d Internet giant\u00a0Baidu (BIDU.NYSE)<\/strong>\u00a0is also a top pick as \u201cmobile monetisation has been boosted by the new integrated mobile and PC ad platform.\u201d Once other standards have been approved expect this space to get more attention.<\/p>\n","protected":false},"excerpt":{"rendered":"

Come late to the party and there won\u2019t be much cake left. French auto maker\u00a0Renault (RNO.EPA)\u00a0has taken a big risk in not setting up production facilities in China. It is finally doing so in a US$1.27 billion partnership with\u00a0Dongfeng Motor Group (HKG.0489)\u00a0that has just been approved by regulators. Renault desperately needs to boost its paltry …<\/p>\n

Build it and hope they will drive it<\/span> Read More »<\/a><\/p>\n","protected":false},"author":23,"featured_media":2640,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[10],"tags":[],"aioseo_notices":[],"uagb_featured_image_src":{"full":["http:\/\/18.202.220.25\/en\/guides\/wp-content\/uploads\/2013\/12\/New-Picture-175.png",938,519,false],"thumbnail":["http:\/\/18.202.220.25\/en\/guides\/wp-content\/uploads\/2013\/12\/New-Picture-175-150x150.png",150,150,true],"medium":["http:\/\/18.202.220.25\/en\/guides\/wp-content\/uploads\/2013\/12\/New-Picture-175-300x165.png",300,165,true],"medium_large":["http:\/\/18.202.220.25\/en\/guides\/wp-content\/uploads\/2013\/12\/New-Picture-175.png",938,519,false],"large":["http:\/\/18.202.220.25\/en\/guides\/wp-content\/uploads\/2013\/12\/New-Picture-175.png",938,519,false],"1536x1536":["http:\/\/18.202.220.25\/en\/guides\/wp-content\/uploads\/2013\/12\/New-Picture-175.png",938,519,false],"2048x2048":["http:\/\/18.202.220.25\/en\/guides\/wp-content\/uploads\/2013\/12\/New-Picture-175.png",938,519,false]},"uagb_author_info":{"display_name":"SellAnyCar.com Team","author_link":"http:\/\/18.202.220.25\/en\/guides\/author\/saygin\/"},"uagb_comment_info":0,"uagb_excerpt":"Come late to the party and there won\u2019t be much cake left. French auto maker\u00a0Renault (RNO.EPA)\u00a0has taken a big risk in not setting up production facilities in China. It is finally doing so in a US$1.27 billion partnership with\u00a0Dongfeng Motor Group (HKG.0489)\u00a0that has just been approved by regulators. Renault desperately needs to boost its paltry…","_links":{"self":[{"href":"http:\/\/18.202.220.25\/en\/guides\/wp-json\/wp\/v2\/posts\/2637"}],"collection":[{"href":"http:\/\/18.202.220.25\/en\/guides\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/18.202.220.25\/en\/guides\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/18.202.220.25\/en\/guides\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"http:\/\/18.202.220.25\/en\/guides\/wp-json\/wp\/v2\/comments?post=2637"}],"version-history":[{"count":0,"href":"http:\/\/18.202.220.25\/en\/guides\/wp-json\/wp\/v2\/posts\/2637\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/18.202.220.25\/en\/guides\/wp-json\/wp\/v2\/media\/2640"}],"wp:attachment":[{"href":"http:\/\/18.202.220.25\/en\/guides\/wp-json\/wp\/v2\/media?parent=2637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/18.202.220.25\/en\/guides\/wp-json\/wp\/v2\/categories?post=2637"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/18.202.220.25\/en\/guides\/wp-json\/wp\/v2\/tags?post=2637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}