No Data
Guangzhou Automobile Group's (HKG:2238 Five-year Decrease in Earnings Delivers Investors With a 61% Loss
GAC Swings to Loss in Q3 as Revenue Slides 22%
Guangzhou Automobile Group (02238.HK) received a shareholder Hong Zejun's shareholding of 8.37 million shares.
According to the latest equity disclosure data from the Hong Kong Stock Exchange on October 30, 2024, Guangzhou Automobile Group (02238.HK) shareholder Hong Zejun increased his shareholding by 8.37 million shares at an average price of 2.884 Hong Kong dollars per share on the exchange, involving approximately 24.1391 million Hong Kong dollars. After the shareholding increase, Hong Zejun's latest number of shares held is 0.3026 billion shares, and the shareholding ratio has increased from 9.89% to 10.17%.
[Brokerage Focus] CICC maintains a "buy" rating on Guangzhou Automobile Group (02238), but lowers its gross margin forecast due to intense market competition.
King's Financial Report | CMB International released a research report, indicating that guangzhou automobile group (02238) third-quarter revenue exceeded the bank's previous forecast by about 13%, with a gross margin of 3.6% higher than the bank's forecast by 0.1 percentage points. However, both were offset by higher-than-expected sales and R&D expenses. The core operating loss of the independent brand in the third quarter was 2.1 billion yuan, basically in line with the bank's previous expectations. Investment income from joint ventures and associates in the third quarter increased by 34% to 0.258 billion yuan compared to the previous quarter, slightly lower than the bank's earlier forecast. The net loss in the third quarter was 1.4 billion yuan, reaching a record high, also lower than the bank's previous forecast of about 1 billion yuan, mainly due to
China Retaliates After EU Imposition Of EV Tariffs Up To 45%
China NEV Retail at 946,000 in Oct 1-27, Down 1% From Same Period Last Month
102205868 (Tay) : NIO is the best.
KokHong : But it just keeps falling...
TWP PaPa OP KokHong : yeah, can't control the shorts...
KokHong : If my account is calculated in US dollars, it is now over negative $6000. The daily interest is sometimes $2, $3, sometimes $2, $30. I don't know how it's calculated, the negative funds keep growing bigger and bigger...
KokHong : All the funds are used to buy stocks.
View more comments...