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Do Its Financials Have Any Role To Play In Driving Beiqi Foton Motor Co.,Ltd.'s (SHSE:600166) Stock Up Recently?
Beiqi Foton MotorLtd's (SHSE:600166) stock is up by a considerable 13% over the past three months. We wonder if and what role the company's financials play in that price change as a company's long-t
Simply Wall StMay 3 18:25 ET
Dongwu Securities: Heavy gas truck penetration rate increased in March, optimistic about natural gas transformation
The Zhitong Finance App learned that Dongwu Securities released a research report saying that the high increase in gas heavy truck+ exports is both improving, and the trade-in policy is further stimulating, and the heavy truck sector is expected to continue to improve in the 24-25 years. 1) The combination of factors such as continued widening oil and gas price differential+falling freight rates+gradual diversification of gas vehicle product types drove a rapid increase in gas vehicle cost performance and customer acceptance; at the same time, domestic natural gas supply is abundant, local gas station construction accelerates, supply/demand/policy is catalyzed in multiple dimensions, and the penetration rate of heavy gas trucks is expected to increase rapidly from 2024 to 2025; 2) Heavy truck exports showed strong resilience, and breakthroughs in steady sales growth, CIS
Zhitong FinanceApr 22 09:04 ET
Beiqi Foton Motor Scraps Plans to Buy Shares in Harbin Dongan Auto Engine
Chinese automobile manufacturer Beiqi Foton Motor (SHA:600166) withdrew plans to acquire shares in Harbin Dongan Auto Engine (SHA:600178), the company said in a Friday filing on the Shanghai Stock Exc
MT NewswiresApr 22 03:52 ET
Dongwu Securities: Heavy gas truck penetration rate increased in March, optimistic about natural gas transformation in the future
The Zhitong Finance App learned that Dongwu Securities released a research report saying that the combination of factors such as continued widening oil and gas price differential+lower freight rates+gradual diversification of gas vehicle product types drove a rapid increase in gas vehicle cost performance and customer acceptance; at the same time, domestic natural gas supply is abundant, gas station construction is accelerated in various regions, and supply/demand/policy is catalyzed in multiple dimensions, and the penetration rate of heavy gas trucks is expected to increase from 2024 to 2025. Heavy truck exports have shown strong resilience, sales have broken through steady growth, and the CIS, Middle East/Africa/Southeast Asia, etc., the cost performance advantages of independent heavy trucks are prominent, and the overseas market share continues to rise. Additionally, the value of the trade-in policy
Zhitong FinanceApr 21 23:40 ET
Foton Motor (600166.SH) terminates participation in the subscription for shares issued by Dongan Dynamics (600178.SH) to specific targets
Foton Motor (600166.SH) announced that on April 19, 2024, the company received Harbin Dongan Automobile...
Zhitong FinanceApr 19 09:43 ET
Light truck sales returned to 200,000 units in March, and 7 companies including Foton Motors (600166.SH) sold more than 10,000 units
In March, the light truck market sold 209,800 units, up 84% month-on-month and slightly increased 0.1% year on year. The year-on-year increase was corrected last month (the light truck market fell 35% year on year in February 2024).
Zhitong FinanceApr 17 02:50 ET
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