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On December 13, Guangzhou Automobile Group (02238.HK) spent 29.9933 million Hong Kong dollars to repurchase 8.22 million shares.
According to an announcement from Guangzhou Automobile Group (02238.HK) on December 13, it will spend 29.9933 million Hong Kong dollars to repurchase 8.22 million shares on December 13, 2024, with a repurchase price of 3.57-3.7 Hong Kong dollars per share.
A year-on-year increase of 32%! Global electric vehicle sales have set historical highs for three consecutive months, with China accounting for 70% of the market.
The performance of the China market is impressive, with sales in November growing by 50% year-on-year to reach 1.27 million vehicles, accounting for about 70% of Global total sales. Overall Auto sales in China for November increased by 16.6% compared to the previous year, marking the highest growth rate since January this year. BYD is expected to exceed the annual Global sales target and surpass Ford and Honda.
China's Auto Sector Gets Boost From National Trade-in Policy in November
China's Auto Circulation Association: The used car market was significantly active in December, with an average daily Trade volume reaching 0.0666 million vehicles.
On December 12, the China Automobile Dealers Association released the weekly report on the used car market.
China's Nov Auto Sales Climb 11.7% To 3.32 Million Units
China Auto Body Seeks Subsidy Extension as EV Exports Take Hit
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102205868 (Tay) : NIO is the best.
KokHong : But it keeps falling...
TWP PaPa OP KokHong : yeah, can't control the shorts...
KokHong : If my account is calculated in US dollars, it is now over negative $6000. The daily interest is sometimes $2, $3, sometimes $2, $30. I don't know how it's calculated, the negative funds keep growing bigger and bigger...
KokHong : All the funds are used to buy stocks.
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