00489 DONGFENG GROUP
- 2.970
- +0.050+1.71%
DONGFENG GROUP News
How Interest in Electric Vehicles Has Stalled Over the Last 3 Years, in One Chart
Younger Americans are particularly aware of Chinese EV brands, survey finds
There's Reason For Concern Over Dongfeng Motor Group Company Limited's (HKG:489) Price
It's not a stretch to say that Dongfeng Motor Group Company Limited's (HKG:489) price-to-sales (or "P/S") ratio of 0.2x right now seems quite "middle-of-the-road" for companies in the Auto industry i
China's New Energy Sector Full of Dynamism
BEIJING - Some Western countries accuse China of "overcapacity" in its new energy sector. However, facts and figures prove such a narrative groundless and false.
東風集團股份：2023年年度報告
China Offers Incentives to Boost Old Car Replacements, Analysts Expect up to 2 Million Additional Sales
China has issued policy details encouraging consumers to trade in old cars for new ones, starting to offer subsidies of up to RMB 10,000 ($1,380), effective by the end of the year.
Cui Dongshu: The release of implementation rules on car trade-in subsidies is a major benefit for the car market
On April 27, Cui Dongshu, Secretary General of the Passenger Transport Association, published an article stating that since the Spring Festival, consumers have been concerned about the trade-in policy and expect the policy to bring benefits to car purchases, so the implementation of the policy is a major benefit to the car market.
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.
Dongfeng Group Co., Ltd. (00489.HK) cancelled 27.49 million shares and repurchased shares on April 25
Gelonghui, April 25, 丨 Dongfeng Group Co., Ltd. (00489.HK) issued an announcement to cancel 27.49 million repurchased shares on April 25, 2024.
Zhou Hongli appeared in the Dongfeng Motor exhibition area and climbed onto the roof to play the role of a “male car model in red”
On the morning of April 25, Sina Technology reported that at the 2024 (18th) Beijing International Automobile Exhibition (“2024 Beijing Auto Show”) held from April 25 to May 4, 360 Group founder Zhou Hongli appeared in the Dongfeng Motor exhibition area to interact with Dongfeng Motor's on-site reception staff. While visiting the Dongfeng Motor exhibition area, Zhou Hongli climbed directly to the top of a Dongfeng Highland Lion luxury model in front of all the onlookers and sat down on it, acting as a “male model in red” to attract attention and drew cheers from all around. (Wen Meng)
China's NEV Retail at 420,000 in Apr 1-21, Down 2% From Same Period Last Month
China's retail penetration of NEVs was 49.3 percent in April 1-21 and 38.56 percent year-to-date.
Changes in Hong Kong stocks | Dongfeng Group shares (00489) rose more than 4% in early trading, controlling shareholder Dongfeng Motor Company continued to increase the company's H shares
Dongfeng Group shares (00489) rose more than 4% in early trading. As of press release, it had risen 3.45% to HK$3, with a turnover of HK$31,313 million.
China EV Insurance Registrations for Week Ending Apr 21: Nio 2,990, Tesla 5,160, BYD 59,470
Li Auto's insurance registrations last week were 4,460, down 37.36 percent from the previous week, while Xpeng's were 2,460, up 55.7 percent from the previous week.
The controlling shareholder of Dongfeng Group Co., Ltd. (00489.HK) increased its holdings of the company's H shares by 4.806 million
Gelonghui, April 23, 丨 Dongfeng Group Co., Ltd. (00489.HK) announced that on April 23, 2024, Dongfeng Motor Group Co., Ltd., the controlling shareholder of the company, acquired 4.806 million H shares at an average price of HK$2.92 through the Hong Kong Stock Connect pipeline. Based on confidence in the company's prospects and recognition of its long-term investment value, Dongfeng Motor will continue to increase its H share holdings in due course.
Dongfeng Motor Group: Controlling Shareholder Buys Back 4.36M H Shares at Around HK$2.90 Each
Dongfeng Motor Group: Controlling Shareholder Buys Back 4.36M H Shares at Around HK$2.90 Each
The controlling shareholder of Dongfeng Group Co., Ltd. (00489.HK) increased its holdings of the company's H shares by 4.36 million
Gelonghui, April 22, 丨 Dongfeng Group Co., Ltd. (00489.HK) announced that on April 22, 2024, Dongfeng Motor Group Co., Ltd., the controlling shareholder of the company, acquired 4.36 million H shares at an average price of HK$2.90 through the Hong Kong Stock Connect pipeline. Based on confidence in the company's prospects and recognition of long-term investment value, Dongfeng Motor will continue to increase its H shares in due course.
Chinese Commercial Vehicle Sales Rise 10% in Q1
Chinese commercial vehicle sales jumped 10% to more than 1 million in the first quarter, Xinhua News Agency reported Sunday, citing the China Association of Automobile Manufacturers.
Dongfeng Group shares (00489) were increased by 5.85 million H shares by the controlling shareholder
Dongfeng Group Co., Ltd. (00489) announced that on April 19, 2024, Dongfeng Motor Company, the controlling shareholder of the company, passed...
Controlling Shareholder Boosts Stakeholding in Dongfeng Motor Group
Dongfeng Motor Group's (SHA:600006, HKG:0489) controlling shareholder, Dongfeng Motor Corp., bought around an additional 3,160,000 H shares in the company for HK$2.77 apiece, a same-day filing on the
Market Chatter: Dongfeng Motor Group NEV Brand Voyah Enters Italian Market
Dongfeng Motor Group's (HKG:0489) new energy vehicle (NEV) brand, Voyah, was introduced in Italy with three different models, Xinhua reported. Voyah's distributor in Italy said that 100 units have alr
Foreign media once again reported that the Italian government is in talks with Dongfeng Group (00489) and several other automobile manufacturers to build local factories
Jinwu Financial News | According to the latest foreign media reports, Italian Minister of Industry Adolfo Urso (Adolfo Urso) said that the Italian government is in negotiations with several automobile manufacturers such as Dongfeng Group (00489) to attract another major car company to build local factories in addition to the major European and American car manufacturer Stellantis, but this is not just an Asian car company. According to previous reports, the head of Dongfeng Europe said earlier that the group is considering building a factory in Italy with an annual production capacity of more than 100,000 vehicles, while negotiations with the Italian government are in the early stages. It is expected that Italy will explore the factory in the next few weeks
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