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China EV Makers Look Well-Placed for Overseas Expansion, HSBC Says -- Market Talk
Hong Kong stocks surge | Great Wall Motor (02333) rose nearly 4% in the afternoon, with overseas sales in July hitting a new high and accounting for more than 40% of total sales.
Great Wall Motor (02333) rose nearly 4% in the afternoon. As of the time of publication, it rose by 3.47% to HK$10.14, with a turnover of 0.101 billion Hong Kong dollars.
Great Wall Motor (02333.HK) received a shareholding of 7.2553 million shares from JPMorgan.
On August 6th, Guolong report revealed that according to the latest equity disclosure from the Stock Exchange of Hong Kong, on July 30th, 2024, Great Wall Motor (02333.HK) received JPMorgan Chase's shareholding of 7.2553 million shares at an average price of HKD 10.3155 per share, involving approximately HKD 74.8418 million. After the shareholding, JPMorgan Chase's latest holding is 117,623,236 shares, and its holding ratio has increased from 4.75% to 5.07%.
Great Wall Launches Tank 300 Off-road SUV in Malaysia
By January to June 2024, China will account for 65% of the world's electric vehicle market share.
In the first six months of 2024, China's export of electric vehicles performed well in the South American and Southeast Asian markets, which is a result of China's strong industry chain and the double growth of domestic market and export.
China Jul NEV Wholesale at 950,000, Down 3% From Jun, CPCA Estimates Show
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