Changes in Hong Kong stocks | Zhengtong Auto (01728) rose more than 7%, leading the way for auto dealers, car trade-in rules released, which is expected to bring about a considerable increase

The Zhitong Finance App learned that car dealers generally rose in early trading. As of press release, Zhengtong Auto (01728) rose 7.29% to HK$0.265; Harmony Auto (03836) rose 5.77% to HK$0.55; Zhongsheng Holdings (00881) rose 4.28% to HK$2.79; and MeiDong Auto (01268) rose 3.33% to HK$2.79. According to the news, on April 26, 7 departments including the Ministry of Commerce and the Ministry of Finance jointly issued the “Implementation Rules on Automobile Trade-In Subsidies”. Huatai Securities said that according to estimates, the current stock of passenger cars that meet the policy requirements is about 18

Zhitong FinanceApr 29 10:41

年報2023

Futu NewsApr 18 19:53 · Announcements

Changes in Hong Kong stocks | Meidong Auto (01268.HK) continued to fall nearly 8%. Auto dealers' comprehensive inventory coefficient in March was 1.56, down 10.3% month-on-month

MeiDong Auto (01268.HK) continued to decline by nearly 8%. At press time, it fell 7.96% to HK$2.66, with a turnover of HK$6.59 million.

Zhitong FinanceApr 12 10:05

Changes in Hong Kong stocks | Meidong Auto (01268.HK) fell by more than 5%, leading the decline. Auto dealer price wars are dragging down dealers' profits, and the survival status of dealers is still worrying

Auto dealers collectively declined. As of press release, Meidong Auto (01268.HK) fell 5.5% to HK$2.92; Zhongsheng Holdings (00881.HK) fell 5.34% to HK$14.54; and Yongda (03669.HK) fell 2.22% to HK$2.2.

Zhitong FinanceApr 11 13:55

Changes in Hong Kong stocks 丨 Receiving low shareholders' holdings, Meidong Auto rebounded about 8%

Glonghui, April 9 | MeiDong Auto (1268.HK) rebounded from a low level and is now up about 8%. The stock price is back above HK$3, with a market value of HK$4.1 billion. According to documents disclosed by the Hong Kong Stock Exchange on April 8, Fidelity International increased its share holdings of MeiDong Auto by 1.072,000 shares at an average price of HK$3.0648 per share on April 2, worth approximately HK$3.285,500. The previously announced revenue for '23 declined slightly year-on-year. The company is seeking opportunities in the NEV market. In '23, the company has already initially set up 2 Tesla after-sales service stores.

Gelonghui FinanceApr 9 11:43

The Hong Kong stock automobile industry chain strengthened. MeiDong Auto rose nearly 9%, Nexteer rose nearly 8%, and Zhongsheng Holdings and Harmony Auto rose nearly 4%.

The Hong Kong stock automobile industry chain strengthened. MeiDong Auto rose nearly 9%, Nexteer rose nearly 8%, and Zhongsheng Holdings and Harmony Auto rose nearly 4%.

Zhitong FinanceApr 9 10:20