It Looks Like Zhongsheng Group Holdings Limited's (HKG:881) CEO May Expect Their Salary To Be Put Under The Microscope

Key Insights Zhongsheng Group Holdings' Annual General Meeting to take place on 21st of June Salary of CN¥2.34m is part of CEO Guoqiang Li's total remuneration The overall pay is 1,637% above the

Simply Wall StJun 14 18:40 ET

Zhongsheng Group Holdings (HKG:881) Investors Are Sitting on a Loss of 76% If They Invested Three Years Ago

While not a mind-blowing move, it is good to see that the Zhongsheng Group Holdings Limited (HKG:881) share price has gained 15% in the last three months. But only the myopic could ignore the astou

Simply Wall StJun 5 18:57 ET

DBS Bank said that the new car business is bottoming out and subsidies from car manufacturers could boost dealer profits.

According to a report by Daiwa, the new car profit margins of Chinese deluxe car dealers have dropped to a level where dealers refuse to accept more inventory unless manufacturers provide additional rebates. For dealers, this resistance indicates that the new car business is reaching its bottom; however, for German car manufacturers, reducing supply or providing additional rebates will still lead to a decline in profits.

Zhitong FinanceJun 3 02:54 ET

Most car dealers rose, Zhongsheng Holdings (00881) rose 5.37%, and the new car business of Daimotsu dealers is bottoming out

Jinwu Financial News | Most car dealers rose, with Zhongsheng Holdings (00881) up 5.37%, Meidong Auto (01268) up 3.59%, Yongda Auto (03669) up 2.58%, and Zhengtong Auto (01728) up 2%. According to a report published by Damo, there are recent reports that due to poor sales and poor sales of Porsche cars in mainland China, some Porsche dealers in China have launched a boycott. According to the bank, the profit margin of Chinese luxury car dealers on new cars has dropped to a level where dealers refuse to accept more inventory unless the manufacturer provides additional rebates. For dealers, the boycott shows that the new car business is on

金吾財訊Jun 3 01:37 ET

[Special Offer V] Deng Shengxing: The market is concerned about the state of Hong Kong stocks, and the Hang Seng Index is hovering around 19000

Jinwu Financial News | The Hang Seng Index closed at 18608 on Friday (24th), down 259 points or 1.38%, and traded 126.7 billion yuan throughout the day; the China Index reported 6605, down 96 points or 1.44%; the Science Index fell 2.5% to 3799, down 7.6% for the whole week. Tencent (00700) fell 1.3% to 377 yuan, with the highest transaction reaching 7.22 billion yuan. Xiaomi (01810)'s quarterly results beat expectations, but it was mostly sold throughout the day, closing down 3.4% to 18.3 yuan. Zhongsheng Holdings (00881) added 8.9%, making it the worst performing blue chip. The Dow closed at 3,9069 points on Friday (24th).

金吾財訊May 26 21:16 ET

Changes in Hong Kong stocks | Auto dealers collectively declined, dealer inventory index rose month-on-month in April, demand for car purchases did not meet expectations in May

Auto dealers collectively declined. As of press release, Zhongsheng Holdings (00881) fell 9.07% to HK$13.84; MeiDong Auto (01268) fell 8.19% to HK$2.69; and Yongda Motor (03669) fell 5.12% to HK$2.04.

Zhitong FinanceMay 24 03:19 ET