09690 TUHU-W
- 25.400
- -0.450-1.74%
TUHU-W News
Tourover-W (09690.HK) gains 2,6395 million shares from FIL Limited
Glonghui, May 22丨According to the latest equity disclosure data on the Stock Exchange, on May 16, 2024, Tourover-W (09690.HK) received FIL Limited's share holdings of 2,6395 million shares at an average price of HK$25.7434 per share on the market, involving approximately HK$67.95 million. After the increase in holdings, FIL Limited's latest shareholding was 477.8866 million shares, and the shareholding ratio increased from 5.99% to 6.35%.
[Broker Focus] Goldman Sachs gave Tourover (09690) a “buy” rating optimistic about its production capacity and profit expansion over the years
Jinwu Financial News | According to Goldman Sachs Research Report, Tourover (09690) management said that thanks to the increase in the revenue mix of high-profit segments and private brand products, as well as the decline in the medium-term operating expenses ratio to around 20%, gross margin is expected to rise steadily to 30% in the next few years. According to the bank, the group is confident in the expansion of workshops, the growth of trading users, and business performance in terms of user quality since the beginning of the year, and expects that offline workshops will continue to enter low-tier cities while expanding different store formats to meet consumer demand. Based on the price-earnings ratio of 17 times in 2025, the target price for Tourover is HK$29, and the rating is “buy”
Tourover-W (09690.HK) gains 200,000 shares from FIL Limited
Glonghui, May 14 | According to the latest equity disclosure data on the Stock Exchange, on May 9, 2024, Tourover-W (09690.HK) received an increase of 200,000 shares from FIL Limited at an average price of HK$25.9404 per share, involving approximately HK$5.188 million. After the increase in holdings, FIL Limited's latest shareholding was 45.1783 million shares, and the shareholding ratio increased from 5.97% to 6.00%.
[Broker Focus] China Post Securities raised Tourover (09690) to “buy” rating, indicating that word-of-mouth and repurchase rates are rising, driving factory store revenue to continue to grow
Jinwu Financial News | According to China Post Securities Research, in 2023, the number of Tourover (09690) factory stores reached 5,909, +1,256 over the same period. The company increased its factory store layout in low-tier cities and optimized the investment promotion policy in low-tier cities. The number of factory stores is expected to continue to grow rapidly. The company broadens service and SKU categories and accelerates revenue growth in the car maintenance business. Combined with the upward repurchase rate brought about by good reputation, it is expected that factory store revenue will continue to grow. The company has adapted to the trend of electrification, cooperated with many OEMs and power battery manufacturers, and made positive progress in the electric vehicle aftermarket. This bank refers to a company
Tourover-W (09690.HK) was increased by 4.21,000 shares by Goldman Sachs
Glonghui, May 13 | According to the latest equity disclosure data on the Stock Exchange, on May 6, 2024, Tourover-W (09690.HK) obtained The Goldman Sachs Group, Inc. increased its position by 4.21,000 shares at an average price of HK$22.9949 per share, involving approximately HK$9.68315 million. After the increase in holdings, The Goldman Sachs Group, Inc.'s latest number of open positions was 377.963 million shares, and the holding ratio increased from 4.46% to 5.02%.
[Broker Focus] China Merchants Securities first paid to Tourover (09690) strongly recommends ratings that are optimistic about company barriers and long-term growth space
Jinwu Financial News | According to the China Merchants Securities Research Report, Tourover (09690) is the largest independent online and offline automobile after-sales channel in China. Online has the largest domestic car service platform, and offline has the largest number of stores and the widest coverage of the chain car service store network in the country. The company has accumulated rich supply chain resources to build barriers based on first-mover and scale advantages, and is leading the market with a refined management system and strong brand effect. In the long run, the automotive aftermarket has broad penetration space, driven by the growth in passenger car ownership and vehicle age, increased demand for replacement products, and the development of new energy vehicles. Tourover franchisees
Changes in Hong Kong stocks | Tourover-W rose more than 8% and was included in Hong Kong Stock Connect, and the company's operating efficiency continued to improve
The Tourover-W (09690) rose more than 8%. As of press release, it rose 8.53% to HK$23.55, with a turnover of HK$95.201,700.
TUHU Car Inc.'s (HKG:9690) Intrinsic Value Is Potentially 99% Above Its Share Price
Key Insights The projected fair value for TUHU Car is HK$43.24 based on 2 Stage Free Cash Flow to Equity TUHU Car is estimated to be 50% undervalued based on current share price of HK$21.70 The C
Hong Kong stocks closed (04.26) | Hong Kong stocks rose strongly, Hengke Index surged 13% in a single week, leading the way in technology networks, domestic housing, and brokerage stocks
The Zhitong Finance App learned that Hong Kong stocks rose strongly today, and both the Hang Seng Index and China Index hit new highs in the new year. Among them, the Hengke Index had the strongest performance, surging more than 5% during the intraday period. At the close, the Hang Seng Index rose 2.12% or 366.61 points to 17651.15 points, with a full day turnover of HK$157.242 billion; the Hang Seng State-owned Enterprises Index rose 2.44% to 6269.76 points; and the Hang Seng Technology Index rose 4.61% to 3718.27 points. This week, the Hang Seng Index rose 8.8%, the China Index rose 9.1%, and the Hengke Index climbed 13.43%. CITIC Construction Investment pointed out that the core of the recent rise in Hong Kong stocks
[Hong Kong Stock Connect] Tourover (09690) rose 12.34% to be included in the Hong Kong Stock Connect agency, which is expected to grow into a post-auto chain giant
Jinwu Financial News | Tourover (09690) was included in the Hong Kong Stock Connect. The stock price rose in early trading and was tentatively reported at HK$22.4, up 12.34%, with a turnover of HK$656.921 million. The Shenzhen Stock Exchange announced that Tourover-W will be transferred to the Hong Kong Stock Exchange's securities list with effect from April 26, 2024. Western Securities said it believes that the current company has begun to make profits and its cash flow has been corrected as early as 21. Its unique Internet+ business model has been verified and implemented. As the company's number of stores increases, the share of its own brands increases, and its operating capacity and efficiency continue to improve, it is expected to continue to grow. The bank thinks so
Changes in Hong Kong stocks | Tourover-W (09690) rose more than 5%, and the company transferred to the Hong Kong Stock Exchange Stock Exchange List
The Zhitong Finance App learned that Tourover-W (09690) rose by more than 5% and rose 5.57% at press time to HK$21.05, with a turnover of HK$20.97 million. According to the news, the Shenzhen Stock Exchange announced that Tourover-W will be transferred to Hong Kong Stock Connect's securities list with effect from April 26, 2024. Furthermore, according to the Stock Exchange data, Tourover's main shareholder, Fidelity International (FIL Limited) increased its shareholding of Tourover's common shares by 12.3462 million shares at an average price of HK$17.172 per share on April 17, involving approximately HK$212 million. The latest shareholding ratio was 5.49%.
TUHU-W: 2023 ANNUAL REPORT
Changes in Hong Kong stocks | Tourover-W (09690) rose more than 4% and was greatly increased by major shareholders, and the company continued to buy back recently
The Zhitong Finance App learned that Tourover-W (09690) rose by more than 4%. As of press release, it had risen 4.2% to HK$19.86, with a turnover of HK$31.040 million. According to the news, according to the Stock Exchange data, Tourover's main shareholder, Fidelity International (FIL Limited) increased its share holdings of Tourover's common stock by 12.3462 million shares at an average price of HK$17.172 per share on April 17, involving approximately HK$212 million. The latest shareholding ratio is 5.49%. Furthermore, according to the Tourover announcement, the company used HK$17.820 to HK$18.600 per share on April 22
TUHU Car's Substantial Shareholder Boosts Stakeholding
TUHU Car's (HKG:9690) substantial shareholder, FIL, bought additional class A ordinary shares in the company through its controlled corporations, a Tuesday filing on the Hong Kong bourse stated. As of
Changes in Hong Kong stocks | Tourover-W (09690) rose more than 6% and received a significant increase in holdings by major shareholder Fidelity International
The Tourover-W (09690) rose more than 6%. As of press release, it was up 6.12% to HK$19.42, with a turnover of HK$235.91 million.
Tourover-W spent about HK$17.717,400 to buy back 980,000 shares on April 22
Tourover-W (09690) announced that on April 22, 2024, it spent approximately HK$17.717,400 to repurchase 980,000 shares.
Tourover-W (09690.HK): Class A shareholders increase their shareholding
Gelonghui, April 23 | Tourover W (09690.HK) issued an announcement. The Company notes from the disclosure of rights by FIL Limited (“FIL”), the Company's major shareholder, in accordance with Part XV of the Securities and Futures Regulations (Chapter 571) that FIL acquired the Company's additional Class A common shares (“Class A shares”) through its controlled corporation (“Fidelity Entity”) and held 41.3473 million Class A shares as of April 17, 2024, accounting for approximately 5.03% of the company's total issued share capital as of this announcement 5 of the total number of Class A shares issued.
Tourover-W (09690) spent about HK$17.717,400 to buy back 980,000 shares on April 22
According to the Zhitong Finance App, Tourover-W (09690) announced that on April 22, 2024, it spent about HK$17.717,400 to buy back 980,000 shares.
Tourover-W (09690.HK) spent HK$18.23 million to buy back 980,000 shares on April 19
Gelonghui, April 19 | Tourover-W (09690.HK) announced that it spent HK$18.23 million to buy back 980,000 shares on April 19.
Tourover-W (09690.HK) spent HK$292,000 to buy back 16,000 shares on April 18
Gelonghui, April 18 | Tourover-W (09690.HK) announced that it spent HK$292,000 to repurchase 16,000 shares on April 18.
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