Zhitong Hong Kong Stock Buyback Statistics | December 18

Hong Kong Stock Repurchase Statistics | December 18

Zhitong Finance20:10 ET

In November, China sold a total of 6,337 large and medium-sized new energy buses over 7 meters, an increase of more than 80% year-on-year.

Statistics show that in November 2024, there were a total of 6,337 large and medium-sized new energy buses over 7 meters sold in the country, an increase of 9.71% compared to the previous month (5,776 units) and an increase of 80.44% compared to the same month last year (3,512 units).

Zhitong Finance18:06 ET

Bernstein Remains a Hold on Guangzhou Automobile Group Co (GNZUF)

TipRanksDec 17 09:05 ET · Ratings

Guangzhou Automobile Group (02238.HK) spent 29.9956 million Hong Kong dollars to repurchase 8.408 million shares on December 17.

Gelonghui, December 17th丨Guangzhou Automobile Group (02238.HK) announced that on December 17, 2024, it spent HKD 29.9956 million to repurchase 8.408 million shares, with a repurchase price of HKD 3.51-3.61 per share.

Gelonghui FinanceDec 17 04:19 ET

Countdown to "Double New" subsidies: local governments and car companies are both making efforts as the end of the year approaches, and the car market enters the sprint phase.

According to data from the Ministry of Commerce, as of December 13, 2024, the "Double New" subsidy policy has driven Passenger Vehicle sales to exceed 5.2 million units, including over 2.51 million units from scrapped vehicles and over 2.72 million units from replacement vehicles. Meanwhile, many local governments have intensified efforts to implement policies to promote Consumer spending on Autos.

cls.cnDec 17 03:51 ET

China's Auto Sector Price Pressure May Persist Amid Intense Competition -- Market Talk

WSJDec 17 01:38 ET