On June 3rd, Tuhu-W (09690.HK) cancelled the repurchase of 12.2869 million shares.

On June 4th, Gelunhui reported that TooHu-W (09690.HK) announced it will cancel 12,286,900 repurchased shares on June 3, 2024.

Gelonghui FinanceJun 3 18:38 ET

Huaxi Securities: There is huge room for improvement in the domestic IAM market, and Tourover's profitability is expected to continue to increase

Recently, according to the latest research report released by Huaxi Securities, Tourover (09690), as the number one brand in the automobile service chain, has strong bargaining power in the industrial chain, with outstanding cost performance for exclusive products and its own products. At the same time, with competitive barriers built on traffic, standardization, and scale construction, profitability is expected to continue to improve in the context where domestic IAM market share, linkage rate and concentration still have a lot of room to improve. First coverage, giving Tourover an “added” rating. Huaxi Securities believes that according to the Intelligent Research and Consulting Report, the size of the US authorized dealer channel declined from 46% in 2003 to 39% in 2018, and

新浪港股May 30 21:58 ET

Huaxi Securities: There is huge room for improvement in the domestic IAM market, and the profitability of Tourover (09690) is expected to continue to increase

Huaxi Securities was covered for the first time, giving Tourover an “increase in holdings” rating.

Zhitong FinanceMay 30 05:53 ET

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%.

Gelonghui FinanceMay 22 11:18 ET

[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”

金吾財訊May 20 22:55 ET

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%.

Gelonghui FinanceMay 14 11:14 ET