GREATWALL MOTOR Rallies 10% on Interim NP Surge; Fellows Recoup Over 1-3%

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GREATWALL MOTOR (02333.HK) shot up 10% to last at $30.05, on volume of 38.53 million shares, which has already topped the full-day volume of yesterday. The carmaker had announced the preliminary financial data for the interim period ended on 30 June 2021. The operating revenue for period amounted to RMB62.159 billion, up 73% YoY. Due to the increase in sales volume and gross profit of automobiles, the net profit for the period surged 205.2% to RMB3.498 billion.

Other autos also bounced back over 1%-3% broadly. BYD COMPANY (01211.HK) and GEELY AUTO (00175.HK), tracking stronger uptick, leaped 3.7% and 2.8%.

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