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Is There Now An Opportunity In China MeiDong Auto Holdings Limited (HKG:1268)?
Trending Industry Today: ZHONGSHENG HLDG Leads Gains In Car Dealers Stocks
Hong Kong stock market midday review | Hang Seng Index fell 0.86% in early trading, with the autos sector leading the gains
The new policy subsidies significantly boost auto consumption, and the year-end demand for car purchases will continue to be released.
MSCI global small cap stock index semi-annual adjustment: inclusion of Uutoo-W (09690), fourth paradigm (06682), exclusion of Meidong Auto (01268), etc.
On November 7, 2024, MingShine Index Company announced the semi-annual review results of the MSCI series indices.
Hong Kong stock market anomaly | Car dealers/auto retailers lead the gains, domestic passenger vehicle market price war stabilizing, reportedly some domestic silver banks have temporarily suspended the "high interest high return" cooperation.
Car dealers/auto retailers lead in gains. As of the time of publication, Meidong Auto (01268) rose by 5.63%, to HK$2.44; Zhongsheng hldg (00881) rose by 4.44%, to HK$12.24; Yongda Auto (03669) rose by 3.61%, to HK$1.72.
Hong Kong stock market anomaly | autos industry chain across the board slump, Trump reiterates imposition of tariffs on Mexican autos, EU electric autos anti-subsidy case still under negotiation.
The automotive industry chain plummeted across the board, as of the time of publication, Nexteer (01316) fell 11.38%, to HKD 2.96; Xpeng Auto-W (09868) fell 8.5%, to HKD 46.3; Great Wall Motor (02333) fell 4.39%, to HKD 14.82; Meidong Auto (01268) fell 9.43%, to HKD 2.4.
When Should You Buy China MeiDong Auto Holdings Limited (HKG:1268)?No Data
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