The controlling shareholder of Dongfeng Group Co., Ltd. (00489.HK) increased its holdings of the company's H shares by 4.806 million

Gelonghui, April 23, 丨 Dongfeng Group Co., Ltd. (00489.HK) announced that on April 23, 2024, Dongfeng Motor Group Co., Ltd., the controlling shareholder of the company, acquired 4.806 million H shares at an average price of HK$2.92 through the Hong Kong Stock Connect pipeline. Based on confidence in the company's prospects and recognition of its long-term investment value, Dongfeng Motor will continue to increase its H share holdings in due course.

Gelonghui Finance18:00

Express News | Tension will launch the technology platform “Easy Tripartite”, which will be the first on the Tense Z9GT

Breakings17:52

Beishui added nearly HK$400 million each to Tencent and the Hong Kong Stock Exchange, selling Meituan for nearly HK$500 million; Nanshui bought Zijin Mining for nearly HK$500 million

On April 23 (Tuesday), Nanxia Capital made a net purchase of HK$2.34 billion in Hong Kong stocks today, and the Bank of China received a net purchase of HK$696 million.

Futu News17:45

Xiaomi's car construction is blocked: Smart World and NIO are “cutting back” subsidies, and Xiaopeng and Ideal will also cut prices

Zhijie S7 will provide a 5,000 yuan subsidy to consumers who lock up the Xiaomi SU7. NIO followed suit. Xiaopeng and Ideal have already cut prices by more than 10,000 yuan and will not provide a subsidy.

cls.cn17:35

IEA: Global EV sales will continue to grow strongly this year

① The IEA predicts that electric vehicle sales will continue to grow strongly in 2024 despite economic headwinds in some markets. The agency also pointed out that the affordability of electric vehicle prices and charging infrastructure will be the key to achieving future sales growth; ② According to IEA's estimates, China will contribute more than half of electric vehicle sales this year, reaching 10 million units.

cls.cn17:05

Huatai Securities: Maintaining Ideal Automobile-W (02015.HK) “Buy” Rating Target Price of HK$170.14

Huatai Securities released a research report stating that it maintained the “buy” rating of Ideal Automobile-W (02015.HK), selected Tesla, Geely Auto, and BYD shares as comparable companies, kept the company's target price unchanged at HK$170.14, and gave 23 xPE for 24 years, which is comparable to the company's average 2024E23xPE. The bank believes that the full price reduction of the 24 ideal models may boost the company's monthly sales volume and keep the company's 24-26 sales forecast of 60/85/1.11 million units unchanged, with corresponding revenue of 1755/2368/294.2 billion yuan, respectively, and net profit of 142/185 to mother, respectively

Zhitong Finance16:48