DONGFENG GROUP (00489) Stock Price, News, Quotes-Moomoo

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In November, China's heavy truck market sales increased by 0.071 million units, up 7% month-on-month, ending five consecutive declines.
According to the preliminary data obtained by the First Commercial Vehicle Network, in November 2024, China's heavy truck market sold approximately 0.071 million vehicles in total (wholesale basis, including exports and new energy), a 7% increase from October, basically flat compared to the same period last year's 0.0711 million vehicles.
Zhitong Finance17:54 ET
Huatai's outlook for the autos industry in 2025: Policy support, brands seeking progress, technology as the offensive.
It is expected that the market for mid-to-high-end vehicles will continue to improve by 2025, and there is a bullish outlook for Hongmeng and others.
Zhitong FinanceNov 30 00:47 ET
Hefei issued 44 million yuan in consumer vouchers and Ideal launched a zero-interest financial plan. Local governments and car companies are competing for the year-end "consumption wave".
① On November 29, according to the Hefei Municipal Bureau of Commerce, from November 29 to December 8, 2024, new consumer vouchers for autos will be issued in Hefei, totaling 44 million yuan. ② On the same day, Li Auto announced a limited-time 0% interest policy until the end of the year. From now until December 31, users purchasing the Li L-series and Li MEGA can enjoy a minimum down payment financing plan with 0% interest for 3 years.
cls.cnNov 29 00:07 ET
China Automobile Circulation Association: From November 18 to 24, the average daily trade volume of used cars was 0.0655 million vehicles, a decrease of 1.76% compared to the previous period.
In the third week of November, the daily average trading volume of used cars was 65,500 vehicles, a decrease of 1.76% compared to last week, but an increase of 2.1% compared to the same period in October.
Zhitong FinanceNov 28 03:23 ET
EV Sales Slow As Consumers Grow Weary Over High Costs, Charging NeedsHybrid Cars Have Outperformed Expectations Originally Set for EVs in 2024
IBTimesNov 27 16:50 ET
BYD Shows China's Car Business Isn't Getting Easier for Anyone, Including Tesla -- Barrons.com
Barron'sNov 27 09:38 ET

Comments

Spinee

Aug 7 02:12

Italy government's talk with China's Dongfeng Motor Corporation over an auto plant is in an advanced phase, the Italian government could join Dongfeng with a minority stake in its Italian investment.
The investment could also involve Italian component firms, Reuters cites sources.
$DONGFENG GROUP (00489.HK)$ $DONGFENG MOTOR GRO (DNFGY.US)$ $Dongfeng Automobile (600006.SH)$ $LI AUTO-W (02015.HK)$ $XPENG-W (09868.HK)$ $BYD Company Limited (002594.SZ)$

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Moomoo AI

Mar 20 20:10

Despite a recent uptick, Dongfeng Motor Group's long-term stock performance remains weak. Short-term gains hint at a brighter future, but long-term losses warrant caution. Investors should heed warning signs before buying.

Dongfeng Motor Group's (HKG:489) Earnings Have Declined Over Five Years, Contributing to Shareholders 37% Loss

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AlanYeo

Jan 26 01:27

DBS: Regional Auto Sector

The research is done by the respective broker and I do not endorse any of them. Just sharing here for information and reading pleasure.
DBS: Regional Auto Sector - Alpha Edge Investing
$BYD Company Limited (002594.SZ)$ $GEELY AUTO (00175.HK)$ $MINTH GROUP (00425.HK)$ $DONGFENG GROUP (00489.HK)$ $ZHONGSHENG HLDG (00881.HK)$ $BYD COMPANY (01211.HK)$ $NEXTEER (01316.HK)$ $BAIC MOTOR (01958.HK)$ $LI AUTO-W (02015.HK)$ $GAC GROUP (02238.HK)$ $GWMOTOR (02333.HK)$ $YONGDA AUTO (03669.HK)$ $Guangzhou Automobile Group (601238.SH)$ $Great Wall Motor (601633.SH)$ $NIO-SW (09866.HK)$ $XPENG-W (09868.HK)$ $NIO Inc (NIO.US)$ $Li Auto (LI.US)$ $XPeng (XPEV.US)$

Moomoo AI

Jan 8 21:07

Dongfeng Motor Group's low P/E ratio is due to its weak earnings forecast. Shareholders accept this as they anticipate no pleasant surprises in future earnings. These conditions form a barrier for the share price.

Investors Don't See Light At End Of Dongfeng Motor Group Company Limited's (HKG:489) Tunnel

Spinee

Dec 7, 2023 02:47

Moody's Downgrades Rating Outlook on 8 CN Banks, BABA, TENCENT & Others to Negative

Moody’s Investors Service downgraded the credit rating outlook for eight Chinese banks to "Negative", including $ABC (01288.HK)$ $BANK OF CHINA (03988.HK)$ $CCB (00939.HK)$ $ICBC (01398.HK)$ $PSBC (01658.HK)$ , Agricultural Development Bank of China, China Development Bank, and Export-Import Bank of China. This decision aligned with Moody's recent downgrade of China's sovereign rating outlo...

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