Dongyue Group (00189) cancelled 521 million shares repurchased

Dongyue Group (00189) announced that on May 3, 2024, the company cancelled 521 million shares and repurchased...

Zhitong FinanceMay 3 05:59 ET

[Broker Focus] Guoxin Securities maintains BYD's share (01211) purchase rating and is expected to maintain its lead in competition and further expand its share

Jinwu Financial News | According to Guoxin Securities Research, BYD's (01211) results showed that the company's revenue for the first quarter of 2024 was 124.94 billion yuan (same below), up 3.97% year on year; net profit attributable to shareholders was 4.57 billion yuan, up 10.6% year on year; net profit attributable to non-shareholders was 3.75 billion yuan, up 5.2% year on year. The company's overall gross margin for the first quarter of 2024 was about 21.9%, roughly the same as the third and fourth quarters of 2023, and remained relatively high. The bank expects the company's total Q2 car sales to continue to grow rapidly. The main reasons are as follows: 1. Public

金吾財訊May 3 05:12 ET

China's Automakers Must Adapt Quickly on the EV Boom in the Face of Regulatory Scrutiny Abroad

Adoption of battery and hybrid-powered cars has surged in China, but an onslaught of new models has fueled a price war, while regulatory scrutiny grows abroad.

CNBCMay 3 03:06 ET

Dongyue Group Says Chairman, Shareholder Qixin Investment Terminate Voting-Alignment Agreement

Dongyue Group (HKG:0189) said Zhang Jianhong, the company's chairman and chief executive officer, and Qixin Investment Management terminated their voting-alignment agreement on Thursday, according to

MT NewswiresMay 2 22:59 ET

Changes in Hong Kong stocks | Xiaopeng Automobile-W (09868) opened more than 8% and led the auto stock market in April, sales of new power car companies were steady, and trade-in is expected to boost demand

Auto stocks collectively opened higher. As of press release, Xiaopeng Automobile-W (09868) rose 8.35% to HK$37; Ideal Automobile-W (02015) rose 7.06% to HK$115.2.

Zhitong FinanceMay 2 21:26 ET

Statistics on changes in the share of Zhitong Hong Kong Stock Connect | May 3

The Zhitong Finance App learned that according to data disclosed on May 2, 2024, Sunac China (01918), Beijing Electromechanical Co., Ltd. (00187), and Marco Digital Technology (01942) Hong Kong Stock Connect held the largest share value, increasing by 1.83%, 1.64%, and 0.99% respectively; Beijing Capital Finance International (01468), Vanke Enterprise (02202), and COSCO Haineng (01138) Hong Kong Stock Connect shares decreased the most, decreasing by -1.81%, -1.11%, and -0.79%, respectively. In the last 5 trading days for which statistics are available, the League of Nations Securities (0145

Zhitong FinanceMay 2 20:35 ET