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Car Dealers/auto Retailers are under pressure, ZHONGSHENG HLDG (00881) fell by 2.69%. The China Automobile Dealers Association indicates that the cash flow situation in the Industry has not yet eased.
Jinwu Finance News | Car dealer stocks collectively under pressure, ZHONGSHENG HLDG (00881) down 2.69%, ZHENGTONGAUTO (01728) down 2.52%, YONGDA AUTO (03669) down 1.56%, MEIDONG AUTO (01268) down 0.45%. On the news front, the latest issue of the 'China Automobile Dealers Inventory Alert Index Survey' released by the China Automobile Dealers Association shows that in January 2025, the inventory alert index for Chinese car dealers is 62.3%, an increase of 2.4 percentage points year-on-year and an increase of 12.1 percentage points month-on-month, indicating that the inventory alert index is above the breakeven line, with automobile circulation.
YONGDA AUTO (03669.HK) spent 1.74 million HKD to repurchase 0.671 million shares on January 24.
Gelonghui, January 24 - YONGDA AUTO (03669.HK) announced that on January 24, it spent 1.74 million HKD to repurchase 0.671 million shares.
YONGDA AUTO (03669.HK) spent 5.09 million HKD to repurchase 2 million shares on January 23.
Gelonghui, January 23 - YONGDA AUTO (03669.HK) announced that on January 23, it spent 5.09 million Hong Kong dollars to repurchase 2 million shares.
On January 22, YONGDA AUTO (03669.HK) spent 5.406 million Hong Kong dollars to buy back 2.15 million shares.
Gelonghui, January 22丨YONGDA AUTO (03669.HK) announced that on January 22, it spent 5.406 million HKD to repurchase 2.15 million shares.
On January 21, YONGDA AUTO (03669) spent 0.3159 million Hong Kong dollars to repurchase 0.13 million shares.
YONGDA AUTO (03669) announced that it will spend 0.3159 million Hong Kong dollars to repurchase shares on January 21, 2025...
Hong Kong stocks are fluctuating | Car Dealers continue to rebound, with the inventory warning Index in December hitting a new low in 24 years. The industry's transition to electric vehicle distribution helps improve corporate financial statements.
Car dealers continue to rebound; as of the time of reporting, YONGDA AUTO (03669) rose by 5.86%, priced at 2.53 HK dollars; ZHONGSHENG HLDG (00881) increased by 4.11%, priced at 12.66 HK dollars; MEIDONG AUTO (01268) went up by 2.35%, priced at 2.18 HK dollars; HARMONY AUTO (03836) increased by 1.92%, priced at 0.53 HK dollars.
