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Great Wall Motor Company Limited (HKG:2333) Released Earnings Last Week And Analysts Lifted Their Price Target To HK$12.89
It's been a good week for Great Wall Motor Company Limited (HKG:2333) shareholders, because the company has just released its latest quarterly results, and the shares gained 5.3% to HK$11.60. Re
Buy Rating for Great Wall Motor Co. Amid Strong Q1 Profits and Promising EV Outlook
Great Wall Motor (02333.HK) gains 6.9573 million shares from J.P. Morgan
Gelonghui, April 26 | According to the latest equity disclosure data on the Stock Exchange, on April 22, 2024, Great Wall Motor (02333.HK) obtained JPMorgan Chase & Co. to increase its holding of 6.9573 million shares at an average price of HK$10.3687 per share, involving approximately HK$72.377 million. After the increase in holdings, JPMorgan Chase & Co.'s latest number of open positions was 116,925,519 shares, and the holding ratio increased from 4.74% to 5.04%.
CPCA Expects China's NEV Retail Sales at 720,000 in Apr, Flat From Mar
Price wars intensified in China's auto market in April, with overall discounts slightly higher than in March, the CPCA said.
CMB International: Maintaining Great Wall Motor's “Buy” Rating and Raising the Target Price to HK$14
CMB International released a research report stating that while maintaining Great Wall Motor's (02333) “buy” rating, the target price was raised from HK$13 to HK$14. The company's net profit for the first quarter of this year was 3.2 billion yuan, exceeding investors' original forecasts and strengthening the bank's confidence in its profitability throughout the year. The bank said that the annual net profit forecast for Changqi will increase by 25% to 9.9 billion yuan, and believes that the company still needs to launch high-sales new energy vehicles in mainstream markets to enhance investors' confidence in its electrification transformation. It also maintained its sales forecast of 1.35 million units this year, an increase of 10% over the previous year, and an average price forecast increase of 3%; due to the first
Hong Kong stocks closed (04.25) | Hang Seng Index closed up 0.48%, domestic housing stocks showed strong performance and fell more than 12% after New Oriental-S (09901) results
The Zhitong Finance App learned that the three major indices of Hong Kong stocks had mixed ups and downs. The Hang Seng Index rebounded for four consecutive trading days. After opening slightly lower in early trading, it quickly rose and turned red. The intraday high was 17,434 points to a new high during the new year, then the increase narrowed, showing a volatile adjustment trend. At the close, the Hang Seng Index rose 0.48% or 83.27 points to 17,284.54 points, with a full-day turnover of HK$119.12 billion; the Hang Seng State-owned Enterprises Index rose 0.33% to 6120.37 points; and the Hang Seng Technology Index fell 0.54% to 3554.3 points. CCB International previously indicated that as the Hang Seng Index stabilized its previous low in late January (20
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