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
年報2023
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.
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.
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.
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%.
MeiDong Auto (01268.HK) gains 1.072,000 shares from FIL Limited
Glonghui, April 9 | According to the latest equity disclosure data from the Stock Exchange, on April 2, 2024, Meidong Auto (01268.HK) received FIL Limited's share holdings of 1.072,000 shares at an average price of HK$30,648 per share on the market, involving approximately HK$3.285,500. After the increase in holdings, FIL Limited's latest shareholding was 121,772,260 shares, and the shareholding ratio increased from 8.97% to 9.05%.
MeiDong Auto (01268.HK) received an increase in Fidelity International's common stock holdings by 1.072 million shares, worth approximately HK$3.285,500
On April 8, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on April 8, Fidelity International (Pandanus Associates Inc.) increased its share holdings of $MeiDong Auto (01268.HK) by $1.072,000 on April 2 at an average price of HK$3.0648 per share, worth approximately HK$3.285,500. After the increase in holdings, Fidelity International's latest shareholding was 122 million shares, and the good position ratio increased from 8.97% to 9.05%. This transaction involves other related parties: Pandanus Partners L.P., and FIL Limi
Buy Rating Affirmed for China MeiDong Auto Holdings on Strong After-Sales and Cost Efficiency
Meidong Auto (1268.HK): New car sales profits are under pressure, and after-sales service is developing well
Operating revenue declined slightly year on year 23. The company released its annual report. In '23, it achieved operating income of 28.56 billion yuan, down 0.35% year on year; net profit to mother was 140 million yuan, down 73.1% year on year, mainly due to fuel
MEIDONG AUTO To Go Ex-Dividend On June 14th, 2024 With 0.03638 HKD Dividend Per Share
March 29th - $MEIDONG AUTO(01268.HK)$ is trading ex-dividend on June 14th, 2024. Shareholders of record on June 17th, 2024 will receive 0.03638 HKD dividend per share on August 21st, 2024. The ex-
Meidong Auto (01268) Announces 2023 Results Profit attributable to shareholders of 140 million yuan, a year-on-year decrease of 73.09%
MeiDong Auto (01268) announced its 2023 results, with revenue of RMB 28.555 billion, a year-on-year decrease of 0...
MeiDong Auto (01268) will pay a final dividend of $0.033 per share on August 21
MeiDong Auto (01268) announced that it will be distributed on August 21, 2024 until December 3, 2023...
MEIDONG AUTO: 2023 ANNUAL RESULTS ANNOUNCEMENT
Changes in Hong Kong stocks | Meidong Auto (01268) fell more than 5%, and last year's profit is expected to fall by about 73% year on year
MeiDong Auto (01268) fell by more than 5%. As of press release, it was down 5.11% to HK$3.16, with a turnover of HK$10.5548 million.
China Meidong Auto Holdings Expects 73% Dip in 2023 Profit
China Meidong Auto Holdings (HKG:1268) expects a decrease in net profit attributable to equity shareholders of the Company to decline by 73% for the year ended Dec. 31, 2023, compared with the profit
MeiDong Auto (01268.HK) expects profit attributable to equity shareholders to decline in 2023
On March 18, Gelonghui Auto (01268.HK) announced that the company expects the profit accrued by the company's equity shareholders in 2023 to fall compared to the previous year. The board of directors believes that the decline in profit attributable to the company's equity shareholders in 2023 is mainly due to the following reasons: (1) the Group's business was affected by weak consumption power due to the macroeconomy. In 2023, gross profit fell by no more than 18% compared to 2022; (2) considering the continued changes in the macroeconomic environment in the second half of 2023, the increasingly fierce competition in the automobile dealership industry,
MEIDONG AUTO: PROFIT WARNING
Changes in Hong Kong stocks | Auto dealers' decline was due to Meidong Auto (01268) falling nearly 6%, contributing negatively to the gross profit of new cars under the price war
Auto dealers recorded the highest decline. As of press release, Meidong Auto (01268) fell 5.77% to HK$2.94; Zhongsheng Holdings (00881) fell 5.09% to HK$13.06; and Yongda Motor (03669) fell 3.24% to HK$2.39.
MeiDong Auto (01268.HK) will hold a board meeting on March 27 to approve annual results
Gelonghui, March 12, 丨 Meidong Auto (01268.HK) announced that the company will hold a board meeting on March 27, 2024 to consider and approve the annual results announcements of the company and its subsidiaries for the year ended December 31, 2023, and to consider the payment of a final dividend (if any).
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