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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.
yongda auto (03669.HK) spent 1.594 million Hong Kong dollars on repurchasing 1 million shares on October 15th.
On October 15th, the Yongda Auto (03669.HK) announced that it repurchased 1 million shares for 1.594 million Hong Kong dollars on October 15th.
The Three-year Loss for China Yongda Automobiles Services Holdings (HKG:3669) Shareholders Likely Driven by Its Shrinking Earnings
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.
YONGDA AUTO: Interim Report 2024
Auto retailers generally on the rise. Zhengtongauto (01728) rose by 9.47%. The total channel inventory in August has decreased to a certain extent.
Kinwu Finance News | Car dealers/ auto retailers generally rise, zhengtongauto(01728) up by 9.47%, zhongsheng hldg(00881) up by 3.35%, meidong auto(01268) up by 2.38%, yongda auto(03669) up by 2.36%. China Automobile Dealers Association released the August 2024 "Automobile Dealer Inventory" survey results. The comprehensive inventory coefficient of automobile dealers in August was 1.16, a MoM decrease of 22.7% and a YoY decrease of 24.7%. The inventory level is below the warning line. The car market in August is showing a trend of shifting from the off-season to the peak season. In addition, 85.1
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