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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.
Hong Kong stocks are on the move | Car dealers continue to rebound. The Association calls for relief measures to be taken, and relevant departments are investigating the financial plight of car dealers.
Car dealers continue to rebound, as of the time of publication, Meidong Auto (01268) rose by 9.01% to HK$2.42; Harmony Auto (03836) rose by 7.61% to HK$0.495; Zhongsheng Hldg (00881) rose by 7.22% to HK$11.88; Yongda Auto (03669) rose by 3.09% to HK$1.67.
Car dealers/auto retailers sector facing survival crisis: the bitter fruit of trading price for volume, the transformation path still needs to be examined.
Under multiple squeezes, it's a matter of life and death.
HK Stocks | Meidong Auto (01268) fell nearly 4%, continuous 'price war' dragging down dealers, Citigroup expects the company to lose 0.47 billion yuan this year.
meidong auto (01268) fell nearly 4%, rising over 2% in early trading. As of the press time, it fell 3.76%, to HK$2.05, with a turnover of HK$6.8547 million.
Breaking through 19,000 points! The three major stock indices in Hong Kong rose together, with the Hang Seng Index achieving its largest daily gain in over a year.
①Why did the three main stock indices in Hong Kong all strengthen today? ②How do institutions view this sharp rise? ③Why did Miniso experience a sharp drop today?
Meidong Auto [01268] is now trading at 2.01 Hong Kong dollars, with a rise of 11.05%.
As of 11:39, meidong auto [01268] reported 2.01 Hong Kong dollars, up 0.2 Hong Kong dollars or 11.05% from yesterday's closing price of 1.81 Hong Kong dollars, with a turnover of 4.6627 million Hong Kong dollars. The highest price today is 2.01 Hong Kong dollars, and the lowest price is 1.85 Hong Kong dollars. Based on yesterday's closing price, the 10-day average price is 2.88 Hong Kong dollars, and the 50-day average price is 2.87 Hong Kong dollars. The current PE ratio is 22.76 times, and the 14-day relative strength index is 43.51.
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