GAC GROUP (02238) Stock Price, News, Quotes-Moomoo

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02238 GAC GROUP

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3.500
+0.040+1.16%

Not Open Dec 30 16:08 CST

36.12BMarket Cap875.00P/E (TTM)

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Guangzhou Automobile Group Sells Stake in Associated Company
TipRanksDec 30 05:11 ET
On December 30, Guangzhou Automobile Group (02238.HK) spent 50 million Hong Kong dollars to repurchase 14.54 million shares.
Gelonghui, December 30: Guangzhou Automobile Group (02238.HK) announced that on December 30, 2024, it will spend 50 million Hong Kong dollars to repurchase 14.54 million shares at a price of 3.38-3.53 Hong Kong dollars per share.
Gelonghui FinanceDec 30 04:43 ET
Guangzhou Automobile Group (02238.HK) sold an 18.82% stake in its associate company, Ju Wan Technology, for 1.331 billion yuan.
On December 30, Gelonghui reported that Guangzhou Automobile Group (02238.HK) announced the proposed transfer of 1.331 billion yuan for an 18.82% equity stake in Juwan Technology Research. As the prerequisites were met on December 20, 2024, the company, Guangzhou Capital, Guangzhou Industry, and the target company signed the final agreement on December 30, 2024, under which the company and its wholly-owned subsidiary Guangzhou Capital (as the seller) sell their 18.82% equity in the target company, Guangzhou Juwan Technology Research Co., Ltd., to the company's controlling shareholder, Guangzhou Industry (as the buyer), for a total consideration of approximately 1.331 billion yuan.
Gelonghui FinanceDec 30 04:40 ET
Express News | Guangzhou Automobile Group - Deal for RMB1,331 Mln
ReutersDec 30 04:38 ET
Express News | Guangzhou Automobile Group - Co and Gac Capital Shall Dispose of 18.82% Equity Interest in Guangzhou Juwan Technology Research
ReutersDec 30 04:38 ET
2024 year-end review | Breaking the Industry monopoly and ensuring supply chain stability, self-developed chips by manufacturers become a trend.
1. The main manufacturers have further increased their research and development layout, including high-performance chips, striving to break the monopoly in the industry to achieve independent control of core component technology; 2. Great Wall Motor's RISC-V automotive chip design company, Nanjing Zijing Semiconductors, has settled in Nanjing Jiangbei New Area.
cls.cnDec 30 02:37 ET

Comments

TWP PaPa

Oct 15 04:12

blogger think which EV can still survive the next 10 years.

Tesla's "Cybercab" global debut sends stock falling

Spinee

Apr 25 02:39

Huawei Establishes 'Supercharging Alliance' w/ 11 CN Automakers

Huawei established a "supercharging alliance" with 11 Chinese automakers yesterday (24th), Chinese media reported. Such automakers include $BYD Company Limited (002594.SZ)$ , $GAC GROUP (02238.HK)$ , $GWMOTOR (02333.HK)$ , $LI AUTO-W (02015.HK)$ , $XPENG-W (09868.HK)$ ,Anhui Jianghuai Automobile and Chery.
$Huawei Hongmong (LIST0795.SH)$ $XIAOMI-W (01810.HK)$

Moomoo AI

Feb 26 17:00

Guangzhou Automobile Group's share price and EPS decline over the past five years suggests potential unresolved issues. Last year's performance, worse than the annualised 9% loss over the last half decade, could be a red flag for long term investors. Contrarian investors might see a potential turnaround.

Guangzhou Automobile Group's (HKG:2238) Earnings Have Declined Over Five Years, Contributing to Shareholders 57% Loss

AlanYeo

Feb 23 00:34

UOBKH: Automobile – China (Underweight)

The research is done by the respective broker and I do not endorse any of them. Just sharing here for information and reading pleasure.
alphaedgeinvest...
$BYD COMPANY (01211.HK)$ $GEELY AUTO (00175.HK)$ $GWMOTOR (02333.HK)$ $GAC GROUP (02238.HK)$ $LI AUTO-W (02015.HK)$ $Li Auto (LI.US)$ $XPeng (XPEV.US)$ $NIO Inc (NIO.US)$ $NIO Inc. USD OV (NIO.SG)$ $XPENG-W (09868.HK)$ $WEICHAI POWER (02338.HK)$ $FUYAO GLASS (03606.HK)$ $Huizhou Desay SV Automotive (002920.SZ)$ $NEXTEER (01316.HK)$ $MINTH GROUP (00425.HK)$ $Ningbo Tuopu Group (601689.SH)$ $Ningbo Xusheng Group (603305.SH)$ $Contemporary Amperex Technology (300750.SZ)$ $Eve Energy Co.,Ltd. (300014.SZ)$ $GANFENGLITHIUM (01772.HK)$ $GEM Co.,Ltd. (002340.SZ)$ $Guangzhou Tinci Materials Technology (002709.SZ)$ $ZHONGSHENG HLDG (00881.HK)$ $YADEA (01585.HK)$

AlanYeo

Jan 26 01:49

DBS: Guangzhou Automobile Group – H: Buy Target Price HK$4.10; A: Hold Target Price RMB8.90

The research is done by the respective broker and I do not endorse any of them. Just sharing here for information and reading pleasure.
DBS: Guangzhou Automobile Group – H: Buy Target Price HK$4.10; A: Hold Target Price RMB8.90 - Alpha Edge Investing
$GAC GROUP (02238.HK)$ $Guangzhou Automobile Group (601238.SH)$