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Auto retailers Pusu Yongda Auto (03669) rose by 10.64%, with institutions expecting sustained increase in year-end car purchase demand.
Jinwu Financial News | Car dealers/auto retailers generally rise, yongda auto (03669) increases by 10.64%, meidong auto (01268) rises by 5.13%, harmony auto (03836) rises by 2.82%, zhengtongauto (01728) rises by 2.5%, zhongsheng hldg (00881) increases by 2.31%. Senior economist Xu Changming from the National Information Center stated today at the 2024 Automotive Finance Industry Summit that the domestic wholesale sales volume of passenger vehicles is expected to be 23 million units for the whole year, a year-on-year increase of 2.7%, and terminal sales are expected to reach about 23.5 million units, a year-on-year increase of 6-7%, for the entire year new.
Zhongsheng Group Shares Fall Sharply After Lifting of Trading Halt
Hong Kong stocks abnormal movement | Zhongsheng Holding (00881) resumed trading, once fell more than 9%, previously accumulated more than 50% in the past two days, signed a preliminary negotiation agreement with Chongqing Sokon Industry Group Stock.
zhongsheng hldg (00881) has accumulated a growth of over 50% in the previous two trading days. It fell by more than 9% this morning when trading resumed, and as of the time of writing, it has dropped by 5.17% to HK$17.96, with a turnover of 0.447 billion Hong Kong dollars.
zhongsheng hldg (00881.HK) resumed trading this morning
Gelonghui, November 12th | Zhongsheng Hldg (00881.HK) announced that the company's shares and bonds (stock code: 05138, 40224, and 40529) will resume trading at nine o'clock this morning (11/12/2024). Therefore, all structured products related to the company will also resume trading simultaneously.
Zhongsheng Group Holdings Limited (HKG:881) Stocks Shoot Up 42% But Its P/E Still Looks Reasonable
Zhongsheng Hldg (00881.HK) has signed a preliminary agreement with Chongqing Sokon Industry Group Stock and will resume trading tomorrow.
Glory11 reported on November 11th that Zhongsheng Hldg (00881.HK) announced that the Board of Directors of the company noted the recent increase in the company's stock price and volume as well as relevant network news about the potential cooperation in distributing new energy autos under the chongqing sokon industry group stock brand. The Board of Directors hereby points out that the company has signed a preliminary agreement with chongqing sokon industry group stock and agreed to further negotiate on distributing its new energy autos. The Board of Directors confirms that, in addition to the above-mentioned business opportunities, it is not aware of any reasons leading to the fill price and volume of the company's shares, or any information that must be disclosed to avoid false market for the company's securities, or