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Citi reaffirms the "Buy" rating for BRILLIANCE CHI (01114) and raises the Target Price to HKD 5.86.
BRILLIANCE CHI announced a special dividend of 1 Hong Kong dollar per share at the close on the 3rd, far exceeding market expectations.
Lei Jun's suggestions for the 2025 Two Sessions were announced: optimizing the design of New energy Fund license plates, accelerating the mass production of autonomous driving, and more.
The 2025 National Two Sessions opened today. National People's Congress representative, founder and Director of Xiaomi, and Chairman of KINGSOFT, Lei Jun, announced his suggestions for the 2025 Two Sessions on his personal public account.
Hong Kong stocks are moving differently | Auto stocks plummeted across the board, smart driving may intensify future Industry competition, Morgan Stanley maintains its prediction for a decline in the average price of the Industry this year.
Automobile stocks fell sharply across the board. As of the time of writing, Xpeng Motors-W (09868) was down 4.92%, priced at 77.35 HKD; Li Auto-W (02015) was down 4.65%, priced at 106.6 HKD; Great Wall Motor (02333) was down 4.02%, priced at 12.4 HKD.
Europeans are anxious! The EU proposes to "loosen" the domestic auto companies' emissions regulations, and the auto stocks have risen in response.
The European Commission will propose to amend the penalty scheme for Auto Manufacturers that fail to meet the 2025 carbon dioxide emission targets for cars and trucks, allowing them to reach emission-based targets within three years. European stock markets responded by rising, with the auto Sector performing particularly well, and the Auto stock Index expanding its gains to 2.3%, while Volkswagen's European shares rose nearly 5%.
BRILLIANCE CHI (01114) plans to distribute a special dividend of 1 Hong Kong dollar per share.
BRILLIANCE CHI (01114) announced that the board meeting will be held on March 3, 2025...
Express News | Brilliance China Automotive Holdings Ltd - Resolved to Declare a Special Dividend of HK$1.0 per Ordinary Share
