No Data
No Data
Hong Kong stock market anomaly | Brilliance Chi (01114) now falls more than 4%. The company's special dividend exceeds expectations, and there is still disagreement over whether to distribute additional dividends in the future.
According to Zhītōng Cáijīng APP, Brilliance Chi (01114) is now down more than 4%, as of press time it is down 3.98%, at HKD 8.21, with a turnover of HKD 243 million. Morgan Stanley's report pointed out that after the company announced a special dividend of HKD 1.5 per share in the first half of this year, it announced another special dividend of HKD 4.3 per share last Friday. Based on Friday's closing price, this means a yield of 60%, much higher than the bank and market-expected special dividends of HKD 1 to 1.5 per share. The bank believes that Brilliance Chi will continue to distribute special dividends from its joint venture, BMW Brilliance's recurring investment income, and expects to distribute dividends of approximately
China NEV Retail at 314,000 in Jun 1-16, Down 4% From Same Period Last Month
China's retail penetration of NEVs was 49.52 percent for June 1-16, and 40.99 percent year-to-date. The post China NEV retail at 314,000 in Jun 1-16, down 4% from same period last month appeared first on CnEVPost. For more articles, please visit CnEVPost.
Morgan Stanley restated its 'shareholding' rating on Brilliance China Automotive Holdings Limited (01114) with a target price of HKD 11.
HSBC's preferred OEM manufacturers are Brilliance Chi (01114) and BYD Company (01211).
Northbound funds | northbound net buy-in of 3.78 billion, brilliance chi (01114) over-delivers dividends, stock price soars, then sold by domestic investors.
On June 17th, the Hong Kong stock market saw a net purchase of HKD 3.78 billion by northbound funds, of which the net purchase of Hong Kong stock connect (Shanghai) was HKD 1.833 billion, and the net purchase of Hong Kong stock connect (Shenzhen) was HKD 1.947 billion.
Brilliance China Automotive Declares Special Dividend
Brilliance China Automotive Holdings (HKG:1114) declared a special dividend of HK$4.30 per share, payable July 25 to shareholders on record as of July 9. Shares closed 19% higher in Hong Kong on Monda
Hong Kong stocks closed (06.17) with the Hang Seng Index slightly down 0.03%. Apple suppliers and semiconductor stocks were active, with BYD Electronic (00285) leading the blue-chip gains.
The Hong Kong stock market started with a low opening and high volatility. The Hang Seng Index and the National Index both rose more than 1% at one point but later fluctuated and fell back. Both indexes turned green at the end of the day, with only the Hong Kong Science and Technology Index slightly up.
No Data
C L7 : Everyday inflow but share price still shit