This article only represents the author's own views.
The darkest hour is upon us, but light at the end of the tunnel is also in sight.
That’s the message coming across in the latest earnings report from Autohome Inc. (ATHM.US; 2518.HK), China’s oldest major online car specialist, whose revenue and profit both fell sharply in the latest quarter. The culprit behind the decline is hardly unique to China, and is mostly related to a global chip shortage that has put a huge damper on new car production worldwide.
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