601633 Great Wall Motor
- 26.25
- +0.33+1.27%
Great Wall Motor News
Express News | Ministry of Commerce: The car trade-in subsidy policy can be enjoyed in combination with other benefits
Express News | The Ministry of Commerce introduced the relevant situation of the “Automobile Trade-in Subsidies Implementation Rules”
BMW CEO warns that the EU's imposition of tariffs on Chinese electric vehicles is to “take a stone and hit yourself in the foot”
① Under von der Leyen's strong impetus, the EU will decide whether to impose additional tariffs on Chinese electric vehicles during the year; ② The BMW CEO warned that implementing the tariff policy could be counterproductive and endanger Europe's green transformation.
GWM Achieves Sales Increase in April, Demonstrating Long-Term Development
GWM announced sales data for April, 2024. In April, GWM sold 94,796 units. Among them, 36,141 units were sold overseas, a year-on-year increase of 65.68%, reaching a new sales record.
Express News | Raymond claims the US could take “extreme measures” to ban Chinese connected cars from entering the US
Express News | Open Source Securities: Demand for autonomous driving is determined, and business model construction is underway
Mood Toward NEV Stocks Brightens
Listed Chinese new energy vehicle makers can look forward to their stocks performing well in capital market on the back of their robust production and sales numbers, which will be further boosted by the country's supportive policies, market insiders said.
A quick look at the Hong Kong market | Most of Kewang stocks and domestic housing stocks declined. Xiaomi reversed the market and rose more than 6%, and Vanke fell nearly 7%
Most auto stocks declined; Xiaopeng fell more than 6%, ideally nearly 5%; coal stocks improved, China Coal Energy rose nearly 5%, and Yankuang Energy rose more than 4%; large financial stocks weakened, and CICC Securities, and Ping An of China fell about 4%.
Guoxin Securities (Hong Kong): Maintaining Great Wall Motor's (02333) “Buy” rating, new car launches or driving a rapid recovery in brand sales
Guoxin Securities (Hong Kong) predicts that the revenue scale of Great Wall Motor (02333) will reach 210 billion yuan or more in 2024, and net profit is expected to return to a growth trajectory.
Express News | Passenger Federation: According to preliminary statistics, the NEV market retailed 706,000 vehicles in April, an increase of 34% over the previous year
Xiaomo reduced its holdings of Great Wall Motor (02333.HK) by about 5.678 million shares at a price of about HK$11.93 per share
According to the latest data from the Hong Kong Stock Exchange, on April 30, Xiaomo reduced its holdings of Great Wall Motor (02333.HK) by 5.678.18 million shares, with an average price of HK$11.928 per share, for a total amount of about HK$67.6415 million. The latest number of shares held after the reduction was approximately 138 million shares, and the latest shareholding ratio was 5.94%.
Great Wall Securities: NEV exports maintained steady growth in the first quarter, focusing on establishing production lines in Europe and other regions
After China's automobile exports surpassed Japan to become the world's number one in 2023, in the first quarter of 2024, China exported 1.32 million vehicles, an increase of 23.36% over the previous year, and maintained a strong growth trend.
Direct impact of changes | Automobile stocks are generally under pressure. The Passenger Federation expects a slight month-on-month decline in NEV sales in April, and institutions are optimistic about the restoration of retail data for Q2 terminals
The Zhitong Finance App learned that auto stocks were generally under pressure. As of press release, Xiaopeng Automobile-W (09868) fell 3.49% to HK$33.15; Ideal Automobile-W (02015) fell 3.3% to HK$111.2; and Great Wall Motor (02333) fell 1.49% to HK$11.94. According to the news, the Passenger Transport Federation recently announced the April NEV passenger car market forecast. According to preliminary monthly data, it is estimated that the wholesale sales volume of NEV manufacturers nationwide in April was 800,000 units, up 33% year on year and slightly down 2% month over month. The Passenger Federation pointed out that since the beginning of the year, there has been a wave of price cuts for new products in the car market
As of press release, Xiaopeng Automobile-W (09868.HK) fell 4.51%, Ideal Automobile-W (02015.HK) fell 4.35%, NIO - SW (09866.HK) fell 1.16%, and Great Wall Motor (02333.HK) fell 1.32%.
As of press release, Xiaopeng Automobile-W (09868.HK) fell 4.51%, Ideal Automobile-W (02015.HK) fell 4.35%, NIO - SW (09866.HK) fell 1.16%, and Great Wall Motor (02333.HK) fell 1.32%.
Anxin International: Target price of HK$16 for a “buy” rating for Great Wall Motor (02333)
Great Wall Motor's 2024Q1 performance was the best in the same period in history, exceeding expectations.
Great Wall Motor (02333.HK) was reduced by 5.678 million shares by J.P. Morgan
Gelonghui, May 8 | According to the latest equity disclosure data from the Stock Exchange, on April 30, 2024, Great Wall Motor (02333.HK) was reduced by JPMorgan Chase & Co. from a good position of 5.670,800 shares at an average price of HK$11.928 per share, involving approximately HK$67.6415 million. After the reduction in holdings, JPMorgan Chase & Co.'s latest number of open positions was 137,760,056 shares, and the holding ratio dropped from 6.18% to 5.94%.
Great Wall Motor (601633) Review Report: Sales continued year-on-year growth in April, new energy & overseas sales progressed steadily
Incident: On May 6, 2024, Great Wall Motor released its April production and sales report: The company achieved sales of 94,800 vehicles in April, which was +1.8%/-5.46% month-on-month, respectively. January to April 2024
Within two days, the three cities made a statement to push driverless cars to launch intelligent connected vehicles in many places to “run” throughout the city
Local governments are taking action to let more “smart cars” drive on the “smart road.” On May 7, the Shenzhen Municipal Transportation Bureau officially released the “Shenzhen Intelligent Connected Vehicle Road Test and Demonstration Application Sixth Batch Open Road Catalogue”. A total of 43 roads were opened this time, with a total mileage of about 106.01 kilometers.
China Apr NEV Wholesale at 800,000, Down 2% From Mar, CPCA Estimates Show
Since the beginning of the year, consumers have been in a wait-and-see mood, and the passenger car market has not been able to regain momentum in sales, the CPCA said.
J.P. Morgan sold 5.678 million H shares of Great Wall Motor (02333.HK) worth approximately HK$67.6415 million
On May 7, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 7, JPMorgan Chase & Co. (JPMorgan Chase & Co.) sold $5.678 million H-share shares worth approximately HK$67.6415 million on April 30 at an average price of HK$11.928 per share on the market and HK$11.8802 per share outside the market. After the sale, J.P. Morgan Chase's latest shareholding was 138 million shares, and the good position ratio dropped from 6.18% to 5.94%. Photo Source: Stock Exchange Equity Disclosure What is equity disclosure?
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