Torus Research Locates Undervalued China Auto Logistics; Analyst Report Issued by BrokerBank Securities, Inc.
NEW YORK, April 24, 2015 /PRNewswire/ -- According to data issued by the China Association of Automobile Manufacturers, approximately 23.7 million vehicles were produced in China in 2014, an increase of 7.26% from 2013. Approximately 23,491,900 vehicles were sold in China during 2014, an increase of 6.86% from 2013. Demand for luxury vehicles in China is expected to more than double by 2020 to 3 million from 1.25 million vehicles sold in 2012. Figures shows that imported foreign automobile sales continued to show growth in 2014 at a rate of approximately 13% over 2013 and sales volume of imported foreign automobiles in China reached 1.42 million units in 2014.
China Auto Logistics Inc. (NASDAQ: CALI) is a provider of high quality comprehensive imported automobile sales and trading service and a web-based automobile sales and trading information platform in China. The company is one of China's top sellers of imported luxury vehicles, and also manages China's largest imported auto mall in Tianjin, a major entry port in China and the largest port city for imported automobiles.
An analyst report which details an overview of the company, financial and competitive analysis and analyst recommendation can be viewed in its entirety by using the link below. There is no cost obligation required to view this report.
http://bit.ly/-CALI-AnalystReport
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This report was prepared for informational purposes only. Affiliated parties involved with producing and issuing this report have not been compensated in any form by profiled company. A full disclaimer can be found by viewing the full analyst report.
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This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.
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BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.
SOURCE BrokerBank Securities, Inc.
Related Links
http://www.brokerbanksecurities.com
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