01114 BRILLIANCE CHI
- 7.130
- +0.160+2.30%
BRILLIANCE CHI News
BRILLIANCE CHI (01114) plans to distribute a special dividend of HKD 4.3 per share.
Brilliance Chi (01114) announced on June 14, 2024 that after considering the group's financial and cash flow status and any possible new strategic investment options, the board of directors decided to declare a special dividend of HKD 4.3 per share of common stock. The special dividend is expected to be distributed to shareholders who appear on the company's share register as of July 9, 2024 (Tuesday) in cash on or around July 25, 2024 (Thursday).
Express News | Brilliance China Automotive - Resolved to Declare Special Dividend of HK$4.3 per Share
BRILLIANCE CHI: DECLARATION OF SPECIAL DIVIDEND AND CLOSURE OF REGISTER OF MEMBERS
NEV Sales Growth Ahead for China: CAAM
The latest industry data have pointed to a continued rapid growth trend in the production and sales of new energy vehicles in China for May.
China NEV Retail at 180,000 in Jun 1-10, Down 11% From Same Period Last Month
China's NEV penetration at retail was 50 percent in June 1-10, and 40.74 percent year-to-date. The post China NEV retail at 180,000 in Jun 1-10, down 11% from same period last month appeared first on CnEVPost. For more articles, please visit CnEVPost.
China NEV Retail Rebounds to 804,000 in May, Penetration Reaches Record 47%
China's NEV penetration at retail was a record 47 percent in May, up 14 percentage points from 33 percent a year earlier and up 3.3 percentage points from 43.7 percent in April.
Soochow Securities: In the second quarter of 2024, the demand for autos in the industry will continue to be strong for overseas markets, while slightly insufficient for domestic demand. The sector of commercial vehicle industry will continue to be on an u
Unlike historical cycles, this round of commercial vehicle is driven by the resonance of both external and domestic demand and the reassessment of state-owned assets. Its sustainability is expected to be better than market expectations, and the overall economic cycle continues to improve.
Cui Dongshu: China's auto exports maintain high growth in the first five months.
On June 8th, Cui Dongshu stated that according to the data released by the General Administration of Customs on June 7th, in the first five months, China's automobile exports maintained high growth and the new momentum of automobile exports continued to be strong. The continuous fast growth in automobile exports demonstrates the diversified development of China's exports and strong resilience.
Hong Kong stocks surged more than 4%: Brilliance Chi (01114) is planning to declare a special dividend, which is believed by Morgan Stanley to help alleviate market concerns.
According to the Zhongtong Financial News app, Brilliance Chi (01114) is now up more than 4%, reaching a high of HKD 6.93, with an accumulated increase of more than 140% this year. As of the time of publication, it is up 3.9%, at HKD 6.92, with a turnover of HKD 76.8845 million. On the news side, Brilliance Chi announced that it will hold a board of directors meeting on June 14 to consider and approve the declaration and distribution of a special stock dividend to company shareholders whose names are listed in the company's shareholder register on the relevant record date. After the board of directors meeting has approved it, the company will separately issue a publication to disclose the details of the special stock dividend. Previously, Deutsche Bank released a research report stating that although investors have high expectations for Brilliance Chi...
China NEV Retail at 790,000 in May, up 17% From Apr, Preliminary CPCA Data Show
China's NEV penetration at retail stood at 46.88 percent in May and 40.26 percent year-to-date, according to preliminary data from the CPCA.
HK stocks rise substantially | Brilliance CHI (01114) up over 6%, the company plans to announce special dividends.
Brilliance Chi (01114) rose over 6%. As of press time, it had risen 5.76% to HK$6.61, with a turnover of HK$57.67 million.
BRILLIANCE CHI: NOTICE OF BOARD MEETING AND PROPOSED DECLARATION OF SPECIAL DIVIDEND
Passenger Federation: Retail sales of 574,000 NEV vehicles increased 27% year-on-year on May 1-26
On May 29, according to data from the Passenger Federation, the NEV market retailed 574,000 vehicles from May 1 to 26, an increase of 27% over the previous year, and an increase of 2% over the same period last month.
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.
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.
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.
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.
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.
Analysis
Price Target
No Data
