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HK Stock MarketDetailed Quotes

00489 DONGFENG GROUP

Watchlist

3.330
-0.050-1.48%

Market Closed Jan 9 16:08 CST

27.48BMarket Cap-5.42P/E (TTM)

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News

Ping An Securities: The policy for replacing old Autos with new ones is clear, and the stimulating effect will exceed that of 2024.
The impact of policies on auto sales in 2025 will be stronger than in 2024, combined with the Electric Vehicles purchase tax policy, there is a bullish sentiment regarding the stimulating effects of multiple overlapping policies on Electric Vehicles.
Zhitong Finance00:42 ET
AI takes center stage! The CES Autos exhibition booths have transformed as many automakers strengthen their application of Asia Vets in smart cabins.
① BMW globally debuted its next-generation super sensory intelligent cockpit at the 2025 CES exhibition - featuring the innovative panoramic iDrive and BMW's new generation operating system X. ② ZEEKR also regards the 'intelligent cockpit' as one of the key highlights of its exhibition, announcing a partnership with Qualcomm to jointly develop future-oriented intelligent cockpits.
cls.cn19:09 ET
China Renews Car Trade-in Subsidies, Analysts See More Benefit for Lower-priced NEV Makers
CnEVPostJan 8 05:09 ET
The strong become stronger! The fierce competition among car manufacturers has entered the elimination stage; who will come out on top in the end?
HSBC expects that the narrative of price wars and Industry consolidation will continue, as BYD and Tesla will further expand their competitive advantages through price wars, while companies with annual sales of less than 30,000 vehicles have a low chance of long-term survival.
wallstreetcnJan 8 04:57 ET
In 2024, DONGFENG GROUP's cumulative auto sales amounted to 1.8959 million vehicles, representing a year-on-year decline of approximately 9.2%.
DONGFENG GROUP (00489) announced that the cumulative automobile sales for January to December 2024 are 1.8959 million vehicles, a year-on-year decrease of approximately 9.2%. The company's parent company, Dongfeng Automobile Group Co., Ltd., had cumulative automobile sales of 2.4806 million vehicles from January to December, reflecting a year-on-year increase of about 2.5%. The company's subsidiary, Dongfeng Motor Co., Ltd. (A-share stock code 600006), recorded cumulative automobile sales of 0.155 million vehicles from January to December, also showing a year-on-year increase of about 2.5%.
Sina Hong Kong StockJan 7 20:15 ET
Dongfeng Motor Group Posts Higher Sales, Production in December
MT NewswiresJan 7 07:06 ET

Comments

Spinee

Aug 7, 2024 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.
$DONGFENG GROUP (00489.HK)$ $DONGFENG MOTOR GRO (DNFGY.US)$ $Dongfeng Automobile (600006.SH)$ $LI AUTO-W (02015.HK)$ $XPENG-W (09868.HK)$ $BYD Company Limited (002594.SZ)$

Moomoo AI

Mar 20, 2024 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

AlanYeo

Jan 26, 2024 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, 2024 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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