00175 GEELY AUTO
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GEELY AUTO News
Geespace Étend Sa Portée Mondiale Avec Une Constellation De Satellites LEO
SHANGHAI, 26 mai 2024 /PRNewswire/ -- Starlink de SpaceX a récemment annoncé officiellement que sa constellation Internet haut débit connectait désormais plus de 3 millions de personnes à l'Inte
Geespace Expands Global Reach With LEO Satellite Constellation
SHANGHAI, May 24, 2024 /PRNewswire/ -- SpaceX's Starlink recently officially announced their high-speed internet constellation is now connecting more than 3 million people with high-speed internet ac
CPCA Expects China's May NEV Retail at 770,000, Penetration at Record 46.6%
China's overall passenger vehicle retail sales in May is expected to be around 1.65 million units, down 5.3 percent year-on-year, the CPCA said.
China Automobile Dealers Association: From May 13 to May 19, the average daily trading volume of the used car market was 60,300 vehicles, down 5.53% month-on-month
In the third week of May (May 13 to May 19), the average daily trading volume of the used car market was 60,300 vehicles, down 5.53% from last week and 8% from the same period in April.
Lynk & Co carries the banner of Geely's counterattack
The hybrid wind starts.
China NEV Retail at 412,000 in May 1-19, up 10% From Same Period Last Month
China's retail penetration of NEVs stood at 45.78 percent in the May 1-19 period, and 39.4 percent year-to-date.
Yibin Technology (001278.SZ): The main customers are BYD, Dongfeng Honda, Guangzhou Automobile Honda, Dongfeng Motor, Geely Automobile, etc.
Gelonghui, May 22丨Yibin Technology (001278.SZ) said on the investor interactive platform that in 2023, the company's new energy products achieved sales revenue of 73.691 million yuan. The main customers are BYD, Dongfeng Honda, Dongfeng Motor, Geely Automobile, etc. At the same time, the company is actively developing new car building brand customers, and has reached cooperation with customers such as Rantu Auto and Shanghai Jixiang. With the company's generality of interior parts and the development of new energy special parts, it will inject new momentum into the company's revenue growth in the future.
Auto stocks mostly rebounded and Xiaopeng Motors (09868) surged 12.72% after performance. Fitch expects China's electric vehicle penetration rate to increase sharply in the second quarter
Jinwu Financial News | Auto stocks mostly rebounded. Xiaopeng Motor (09868) surged 12.72% after the results. Additionally, NIO (09866) rose 5.3%, Ideal Auto (02015) rose 2.54%, BAIC Motor (01958) rose 1.75%, and Great Wall Motor (02333) and Geely (00175) followed suit. According to the news, Everbright Securities said that the impact of the US increase in NEV tariffs on China is limited, and attention should be paid to potential risks in the European market. The bank believes that 1) the current implementation of tariffs is a negative exhaust, and there will be no obvious impact in the short term. 2) With the number of independent brands exported
Juncheng Technology (301106.SZ) plans to establish a Malaysian subsidiary to support the local production and delivery of the core customer Geely Group
Zhitong Finance App News, Juncheng Technology (301106.SZ) announced that Hong Kong Juncheng Electronic Technology Co., Ltd. (“Hong Kong Juncheng”), a wholly-owned subsidiary of the company, plans to invest in the establishment of Malaysia Juncheng Electronic Technology Co., Ltd. (tentative name, “Malaysia Juncheng”) in Perak, Malaysia, with a total investment amount of 30 million US dollars. According to reports, this investment is for the company to focus on the global layout strategy of the core customer Geely Group, to support the customer's local production and delivery, and actively layout the Southeast Asian, European and American markets.
Citigroup: I believe the market may expect the short-term stock price performance of NIO - SW, BYD, and Xiaopeng Auto - W
According to a research report released by Citigroup, as of May 20, dealer channel inspections showed that the number of orders for the new M7 exceeded 10,000 units in 72 hours; in addition, the number of orders for NIO SW (09866) increased to 6,000 units last week, an increase of 43% on a weekly basis. Meanwhile, orders for the Lynk & Co 07 EM-P under Geely Auto (00175) reached more than 7,000 units 48 hours after launch. Citi believes that the market may expect NIO, BYD shares (01211) and Xiaopeng Automobile-W (09868) to outperform Ideal Automobile-W (02015) in the short term because NIO and BYD in May
Jefferies: Maintaining Geely Auto's (00175) “Buy” Rating Target Price of HK$11.2
Geely Auto plans to streamline internal combustion vehicle models and launch six key models based on CMA and BMA platforms.
Cathay Junan Securities: Smart cars work together to integrate die-casting to expand the potential space for “lightweight” automobiles
The Zhitong Finance App learned that Guotai Junan Securities released a research report commenting on the smart car integrated technology industry. The team believes that achieving “lightweighting” through integrated technology is an important technological development direction for smart cars to improve battery life and reduce energy consumption.
Auto stocks rose collectively, Xiaopeng Motors (09868) rose 8.01%, and institutions expect auto consumer confidence to recover
Jinwu Financial News | Auto stocks rose collectively. Xiaopeng Motor (09868) rose 8.01%, Zero Sports Auto (09863) rose 7.19%, Geely Auto (00175) rose 5.28%, Ideal Auto (02015) rose 3.28%, BYD shares (01211) rose 2.88%, and GAC Group (02238) rose 2.05%.
Direct change | Auto stocks rose collectively, NEV companies' sales growth rate was steady in the first quarter, and trade-in policy rules were introduced one after another in many places
The Zhitong Finance App learned that auto stocks rose collectively. As of press release, Zero Sports Auto (09863) rose 6.23% to HK$33.65; Xiaopeng Motor-W (09868) rose 6.28% to HK$33.85; Geely Auto (00175) rose 3.33% to HK$10.56; and Ideal Automobile-W (02015) rose 2.5% to HK$98.3. According to the news, on May 17, Qingdao, Shandong released the “Qingdao City Implementation Plan to Promote Large-scale Equipment Renewal and Consumer Goods Trade-In”, which allocates 50 million yuan in capital for car replacement and renewal, for those eligible
Cui Dongshu: SUV retail sales increased 1% year-on-year in April, car retail sales fell 11%, MPV retail sales fell 15%
On May 16, Cui Dongshu, Secretary General of the Passenger Transport Federation, published an article stating that in 2024, China's macroeconomic economy was stable, moderate and positive, and auto market retail sales had basically achieved the expected good start trend in the first quarter.
GEELY AUTO To Go Ex-Dividend On June 21st, 2024 With 0.00747 HKD Special Dividend Per Share
May 17th - $GEELY AUTO(00175.HK)$ is trading ex-dividend on June 21st, 2024. Shareholders of record on June 24th, 2024 will receive 0.00747 HKD special dividend per share on August 1st, 2024. The
Geely Auto (00175) will distribute special dividends in kind totaling approximately HK$75.21 million
Geely Automobile (00175) announced that in order to properly take into account the interests of shareholders in accordance with the provisions of Section 15 of the Application Guidelines, the board of directors...
DISTRIBUTION IN SPECIE
China NEV Retail at 241,000 in May 1-12, up 10% From Same Period Last Month
China's retail penetration of NEVs was 43.11 percent in May 1-12, and 38.87 percent year-to-date.
China Automobile Association: Automobile exports of 504,000 vehicles increased 0.4% month-on-month in April, up 34% year-on-year
Automobile exports maintained rapid year-on-year growth in April 2024.
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