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GAC GROUP

2.820

+0.0401.44%

Volume:11.60M

Turnover:32.49M

Market Cap:28.76B

PE:33.21

High:2.820

Open:2.770

Low:2.770

Close:2.780

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Overview Company News Filings

Guangzhou Automobile Shareholders to Vote on Loan to Investee

MT Newswires Live

Guangzhou Automobile's Profit to Plunge Up to 82% in 2024

MT Newswires Live

Guangzhou Automobile Group May Face Some Earnings Headwinds -- Market Talk

Market Chatter: Gloomy Prospects Face China Car Dealers in 2025 on Dismal 2024 Performance

MT Newswires Live

Guangzhou Automobile Group Sees 13% Drop in Output in December 2024; Sales Up 9%

MT Newswires Live

Market Chatter: Automobile Maker GAC Launches Humanoid Robot

MT Newswires Live

Market Chatter: GAC-Honda NEV Plant Goes Online; Honda Shares Surge 13%

MT Newswires Live

Optimism around Guangzhou Automobile Group (HKG:2238) delivering new earnings growth may be shrinking as stock declines 5.1% this past week

Simply Wall St.

Market Chatter: Guangzhou Automobile Group Launches Fourth Model in Hong Kong as EV Sales Rise; Shares Jump 3%

MT Newswires Live

Guangzhou Automobile Group's Production, Sales Decline in November

MT Newswires Live

Guangzhou Automobile Group to Dispose of 19% Stake in Unit to Controlling Shareholder

MT Newswires Live

Stock Track | GAC Group Plummets 5.09% as Deal with Huawei Fails to Impress Hong Kong Investors

Stock Track | GAC Group Soars 20.81% on Plans for Premium EV Partnership with Huawei

Market Chatter: GAC, Huawei Sign Deal to Develop Smart NEV Brand; GAC's Shanghai Shares Jump 10%

MT Newswires Live

Private companies are Guangzhou Automobile Group Co., Ltd.'s (HKG:2238) biggest owners and were rewarded after market cap rose by HK$6.8b last week

Simply Wall St.

Hong Kong Stocks Close Higher, MINISO Surges 18%, BYD Electronic Rises 11%

Guangzhou Automobile Shares Surge After Disclosing Plans for Huawei EV Partnership

Market Chatter: Guangzhou Automobile Group Closes Shanghai Branch, Delays Redundancy Payments

MT Newswires Live

Stock Track | GAC Group Shares Rally on Strong Chinese Auto Sales Recovery

Hang Seng Index Drops Below 20,000; NIO Drops 5%; Alibaba Falls 3%

Tiger Newspress

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/stock/02238/news?page=2"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental","symbol":"02238","isAnalysisPage":false},"__swrFallback__":{"@#url:\"https://hq.skytigris.cn/stock_info/detail/global\",params:#delay:false,,method:\"POST\",data:#items:@#symbol:\"02238\",,,,,undefined,":{"symbol":"02238","market":"HK","secType":"STK","nameCN":"GAC GROUP","latestPrice":2.82,"timestamp":1745309292017,"preClose":2.78,"halted":0,"volume":11600563,"delay":0,"floatShares":2813000000,"shares":10197000000,"eps":0.08492214110034371,"marketStatus":"Not Yet Opened","change":0.04,"latestTime":"04-22 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Co.,Ltd.","latestPrice":7.99,"timestamp":1745305200000,"preClose":8,"halted":0,"volume":10485400,"delay":0,"premium":"-66.75"},"impliedVol":0.4139,"impliedVolPercentile":0.5837},"@#url:\"https://hq.skytigris.cn/stock_info/fundamental/all\",params:#delay:false,,method:\"POST\",data:#items:@#symbol:\"02238\",,,,,undefined,":{"symbol":"02238","floatShares":2813000000,"roa":"-2.20%","roe":"-0.40%","lyrEps":0.084922,"volumeRatio":0.716137,"shares":10197000000,"dividePrice":0.053076,"high":2.82,"amplitude":0.017986,"preClose":2.78,"low":2.77,"week52Low":2.167,"pbRate":"0.24","psRate":"0.25","week52High":3.88,"institutionHeld":0,"latestPrice":2.82,"committee":-0.6,"eps":0.08492214110034371,"divideRate":0.018866,"volume":11600563,"delay":0,"ttmEps":0.08492214110034371,"open":2.77,"prevYearClose":3.41,"prevWeekClose":2.78,"prevMonthClose":3.21,"prevQuarterClose":3.21,"fiveDayClose":2.84,"twentyDayClose":3.35,"sixtyDayClose":3.09,"earningDate":1745510400000,"earningTime":"盘后"},"$inf$@#url:\"https://stock-news.skytigris.cn/v2/news/list\",params:#symbols:\"02238\",pageSize:20,pageCount:2,lang_content:\"en\",edition:\"fundamental\",,,undefined,":[{"items":[{"id":"2503024322","title":"Guangzhou Automobile Shareholders to Vote on Loan to Investee","url":"https://stock-news.laohu8.com/highlight/detail?id=2503024322","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503024322?lang=en_us&edition=fundamental","pubTime":"2025-01-13 16:33","pubTimestamp":1736757214,"startTime":"0","endTime":"0","summary":"Guangzhou Automobile Group  shareholders will meet in Guangzhou, China on Jan. 27 regarding the provision of a 23.8 million yuan loan to HYCAN Automobile, according to a Friday filing with the Hong Kong exchange.The loan, to be provided by GAC and GAC Aion, is proportionate to their 25% stake in HYCAN Automobile, the filing said.Shares closed 1% lower during Monday's trading.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK0187","BK0264","BK0169","BK0183","601238","BK0188","BK0196","BK1539","BK0201","BK0175","02238","BK1119"],"gpt_icon":0},{"id":"2503322123","title":"Guangzhou Automobile's Profit to Plunge Up to 82% in 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2503322123","media":"MT Newswires Live","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503322123?lang=en_us&edition=fundamental","pubTime":"2025-01-13 16:28","pubTimestamp":1736756921,"startTime":"0","endTime":"0","summary":"Guangzhou Automobile Group  expects a 73% to 82% decline in attributable profit for the year ended Dec. 31, 2024 to between 800 million yuan and 1.2 billion yuan from 4.43 billion yuan a year prior, a Jan. 10 bourse filing said.The automobile company attributed the anticipated drop in profit mainly to a lower sales volume of vehicles.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK1119","BK1539","02238"],"gpt_icon":0},{"id":"2503474783","title":"Guangzhou Automobile Group May Face Some Earnings Headwinds -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2503474783","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503474783?lang=en_us&edition=fundamental","pubTime":"2025-01-13 13:54","pubTimestamp":1736747640,"startTime":"0","endTime":"0","summary":"0554 GMT - Guangzhou Automobile Group may face some earnings headwinds this year and the next after weaker-than-expected recurrent net profit in 2024, Deutsche Bank analyst Bin Wang writes in a note. The Chinese automaker's recent negative profit alert suggests that it booked a CNY3.3 billion to CNY4.7 billion recurrent net loss for 2024. The weaker-than-expected results were due to lower sales volume and more price discounts, Wang adds. Deutsche Bank cuts its net profit forecast for the company by 93% for 2025 and 22% for 2026. The brokerage maintains a buy rating on the stock but cuts the target price to HK$4.10 from HK$4.00. Shares last at HK$2.98. ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["02238"],"gpt_icon":0},{"id":"2501528389","title":"Market Chatter: Gloomy Prospects Face China Car Dealers in 2025 on Dismal 2024 Performance","url":"https://stock-news.laohu8.com/highlight/detail?id=2501528389","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2501528389?lang=en_us&edition=fundamental","pubTime":"2025-01-06 17:23","pubTimestamp":1736155423,"startTime":"0","endTime":"0","summary":"More than 30,000 mainland Chinese car dealers could see sales turn gloomy in 2025 following a dismal performance in 2024, the South China Morning Post reported Sunday, citing data from the China Automobile Dealers Association.\"The association expects the auto market outlook to be uncertain in the future,\" the SCMP quoted the report of the car dealers' group.The prediction comes as more than half of industry participants did not attain their sales goals for 2024, the report said.Car companies saw losses of up to 177.6 billion yuan between January and November, wider than eth 84.5 billion yuan loss reported in the year-ago period, the report said, citing CADA.Around 27% of car dealers' sales fell less than 70% of target while 4,000 dealers closed due to financial constraints, the report said.China's biggest local automakers include Dongfeng Motor Group , SAIC Motor , Chongqing Changan Automobile , BAIC Motor , Guangzhou Automobile Group , Great Wall Motor  and FAW Group .Top new-energy v","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK0012","BK0015","BK1575","LU0052750758.USD","LU0289960550.SGD","BK1582","09868","HYDD.SI","600006","GWLLY","601238","02238","09866","BK1539","LU1808992512.USD","000800","601633","002594","LU0823426308.USD","BK1509","LU0819121731.USD","BK1610","LU1781817850.SGD","02333","000625","01211","LU2097828474.EUR","BK0188","BYDDY","00489","SG9999002463.SGD","81211","NIO.SI","EVS.SI","82333","01958","LU0307460666.USD","LU0856984785.SGD","LU2097828714.EUR","BK1594","600104","LI","LU1720050803.USD","BK0187","BK1587","LU1868837565.USD","IE00BD6J9T35.USD","SG9999006514.SGD","02015","LU0823426480.USD"],"gpt_icon":1},{"id":"2500119241","title":"Guangzhou Automobile Group Sees 13% Drop in Output in December 2024; Sales Up 9%","url":"https://stock-news.laohu8.com/highlight/detail?id=2500119241","media":"MT Newswires Live","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2500119241?lang=en_us&edition=fundamental","pubTime":"2025-01-03 20:07","pubTimestamp":1735906069,"startTime":"0","endTime":"0","summary":"Guangzhou Automobile Group's  saw a production volume of 207,229 vehicles in December 2024, down 13% from 238,680 units in the year-ago period, a Friday bourse filing said.Sales for the same month rose to 283,231, 9.3% higher from 259,138 in December 2023.For the full year, output and sales fell 24% and 20%, respectively, to over 1.9 million and 2 million units.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["02238"],"gpt_icon":0},{"id":"2495562190","title":"Market Chatter: Automobile Maker GAC Launches Humanoid Robot","url":"https://stock-news.laohu8.com/highlight/detail?id=2495562190","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2495562190?lang=en_us&edition=fundamental","pubTime":"2024-12-30 12:54","pubTimestamp":1735534452,"startTime":"0","endTime":"0","summary":"Guangzhou Automobile Group  launched a third-generation embodied intelligent humanoid robot, Yicai Global reported Dec. 27.The android, GoMate, has autonomous navigation capabilities using the company's pure vision autonomous driving algorithm. It has two- and four-wheel modes based on the application scenarios, according to the report.The Chinese automobile maker intends to start the small-scale production of the android in 2026 and gradually expand the production scale, Yicai reported.The company's Shanghai shares fell 2% and Hong Kong shares slipped more than 1% in recent trade.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["601238","BK0188","BK0187","BK0183","BK0175","MKR.USD.HKCC","BK1119","BK1539","BK0264","BK0169","BK0196","MKR.USD.CC","BK0201","02238"],"gpt_icon":0},{"id":"2493200787","title":"Market Chatter: GAC-Honda NEV Plant Goes Online; Honda Shares Surge 13%","url":"https://stock-news.laohu8.com/highlight/detail?id=2493200787","media":"MT Newswires Live","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493200787?lang=en_us&edition=fundamental","pubTime":"2024-12-24 14:22","pubTimestamp":1735021351,"startTime":"0","endTime":"0","summary":"A new energy vehicle plant owned by the joint venture between Honda  and Guangzhou Automobile Group  launched operations, Yicai Global reported Monday.The GAC Honda Automobile plant, located in the Guangzhou Economic Development Zone, has an expected output of 120,000 electric cars annually, the report said.Among the cars that will be produced in the new plant are the e:NP2 and the Ye P7 models, the report said.Honda also aims to slash its carbon emissions in its car-making process through solar power, intelligent energy management, and heat recovery, the report said.Honda's shares jumped 13% during Tuesday's afternoon trading.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK0169","NEV","BK0183","02238","601238","BK4099","BK0201","BK0196","BK0264","BK1119","BK0188","BK1539","BK0187","BK0175","BK4555","BK4585","BK4588"],"gpt_icon":1},{"id":"2493842775","title":"Optimism around Guangzhou Automobile Group (HKG:2238) delivering new earnings growth may be shrinking as stock declines 5.1% this past week","url":"https://stock-news.laohu8.com/highlight/detail?id=2493842775","media":"Simply Wall St.","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493842775?lang=en_us&edition=fundamental","pubTime":"2024-12-24 09:18","pubTimestamp":1735003088,"startTime":"0","endTime":"0","summary":"Guangzhou Automobile Group Co., Ltd. ( HKG:2238 ) shareholders will doubtless be very grateful to see the share price...","market":"hk","thumbnail":"https://images.simplywall.st/asset/industry/4021000-choice1-main-header/1585186682108","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/4021000-choice1-main-header/1585186682108"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/hk/automobiles/hkg-2238/guangzhou-automobile-group-shares/news/optimism-around-guangzhou-automobile-group-hkg2238-deliverin","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["02238"],"gpt_icon":0},{"id":"2489242646","title":"Market Chatter: Guangzhou Automobile Group Launches Fourth Model in Hong Kong as EV Sales Rise; Shares Jump 3%","url":"https://stock-news.laohu8.com/highlight/detail?id=2489242646","media":"MT Newswires Live","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489242646?lang=en_us&edition=fundamental","pubTime":"2024-12-06 11:12","pubTimestamp":1733454738,"startTime":"0","endTime":"0","summary":"Guangzhou Automobile Group  introduced its Hyptec HT model, the company's fourth model, in Hong Kong, the South China Morning Post reported Thursday.The vehicle is being marketed as a mid-range to high-end sports utility vehicle, the report said.The launch comes as GAC expects a rapid increase in EV sales amid its adoption of the technology, the SCMP said.GAC sold 600 cars in Hong Kong so far in 2024 and expects between 1,000 and 2,000 cars sold in Hong Kong and Macau in 2025, the report said.The company forecasts it will launch at least one new model in Hong Kong in 2025, the report said.Shares jumped 3% in Hong Kong during Friday's morning trading.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["02238","601238"],"gpt_icon":0},{"id":"2489650439","title":"Guangzhou Automobile Group's Production, Sales Decline in November","url":"https://stock-news.laohu8.com/highlight/detail?id=2489650439","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2489650439?lang=en_us&edition=fundamental","pubTime":"2024-12-05 18:51","pubTimestamp":1733395905,"startTime":"0","endTime":"0","summary":"Guangzhou Automobile Group's  vehicle production and sales volume fell in November, a Thursday bourse filing stated.Production volume for the month stood at 207,611 units, down 16.18% from the year-ago figure, while sales fell by 12.39% to 198,992 vehicles.From January to November, production declined by 25.36% to around 1.7 million units while sales decreased by 23.42% to 1.7 million vehicles.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["02238"],"gpt_icon":0},{"id":"2488151278","title":"Guangzhou Automobile Group to Dispose of 19% Stake in Unit to Controlling Shareholder","url":"https://stock-news.laohu8.com/highlight/detail?id=2488151278","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2488151278?lang=en_us&edition=fundamental","pubTime":"2024-12-04 16:55","pubTimestamp":1733302528,"startTime":"0","endTime":"0","summary":"Guangzhou Automobile Group  and its subsidiary GAC Capital decided to dispose of 18.82% equity interest in Guangzhou Juwan Technology Research to Guangzhou Automobile Industry Group, the controlling shareholder of the company, for 1.33 billion yuan.The parties will enter into a definitive agreement for the disposal following approval from the board, a Tuesday Hong Kong bourse filing said.Under the agreement, the company will dispose all of its 15.82% equity interest in the target company to the purchaser for 1.12 billion yuan, while GAC Capital will dispose of 3% equity interest it holds in the target to the purchaser for 212.0 million yuan.Upon completion, the company will cease to hold any direct interest in the target, but will indirectly hold, through GAC Capital, 15.60% equity interest in the target.The group expects to record an increase of 1.28 billion yuan in its net profit attributable to shareholders for the current year.The company plans to use the proceeds from the disposal","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK0169","02238","BK0183","BK0264","601238","BK0187","BK0201","BK0175","BK1539","BK1119","BK0196","BK0188"],"gpt_icon":0},{"id":"1108983023","title":"Stock Track | GAC Group Plummets 5.09% as Deal with Huawei Fails to Impress Hong Kong Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=1108983023","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1108983023?lang=en_us&edition=fundamental","pubTime":"2024-12-03 17:26","pubTimestamp":1733218015,"startTime":"0","endTime":"0","summary":"GAC Group, the Chinese automotive company, saw its stock plummet 5.09% on Tuesday's intraday trading session in Hong Kong. This decline came despite the company's recent announcement of a cooperation deal with tech giant Huawei Technologies to develop a premium smart new energy vehicle brand.According to reports, the deal signed on November 30th aims to leverage GAC Group's automotive expertise and Huawei's prowess in smart connected vehicles and smart manufacturing. The partnership aims to boos","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["02238"],"gpt_icon":0},{"id":"1110488667","title":"Stock Track | GAC Group Soars 20.81% on Plans for Premium EV Partnership with Huawei","url":"https://stock-news.laohu8.com/highlight/detail?id=1110488667","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1110488667?lang=en_us&edition=fundamental","pubTime":"2024-12-03 17:25","pubTimestamp":1733217944,"startTime":"0","endTime":"0","summary":"GAC Group, a Chinese state-owned automaker, saw its shares surge dramatically on Monday, soaring as much as 20.81% in intraday trading. This substantial stock movement was fueled by the company's announcement over the weekend of an electric vehicle partnership with tech giant Huawei.The collaboration, unveiled on Saturday, will involve the launch of a new EV brand targeting the premium market. Huawei's advanced technology and expertise will be leveraged to develop the high-end electric vehicles,","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Stock Track | GAC Group Soars 20.81% on Plans for Premium EV Partnership with Huawei","news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["02238"],"gpt_icon":0},{"id":"2488937491","title":"Market Chatter: GAC, Huawei Sign Deal to Develop Smart NEV Brand; GAC's Shanghai Shares Jump 10%","url":"https://stock-news.laohu8.com/highlight/detail?id=2488937491","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2488937491?lang=en_us&edition=fundamental","pubTime":"2024-12-03 11:21","pubTimestamp":1733196086,"startTime":"0","endTime":"0","summary":"Guangzhou Automobile Group  or GAC signed a cooperation deal with tech company Huawei Technologies to develop a premium smart new energy vehicle brand, Yicai Global reported Monday.The deal, which was signed on Nov. 30, will leverage the automobile maker's strength with Huawei's in the area of smart connected vehicles and smart manufacturing, GAC reportedly told Yicai.The partnership aims to boost across-the-board collaboration in product development, marketing, and ecosystem services, according to the report, citing GAC.GAC's Shanghai shares surged almost 10% and Hong Kong shares fell less than 3% in recent trade.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK0169","BK0196","601238","02238","BK0201","BK0188","BK0175","NEV","BK0264","BK0187","BK1539","BK1119","BK0183"],"gpt_icon":0},{"id":"2488395101","title":"Private companies are Guangzhou Automobile Group Co., Ltd.'s (HKG:2238) biggest owners and were rewarded after market cap rose by HK$6.8b last week","url":"https://stock-news.laohu8.com/highlight/detail?id=2488395101","media":"Simply Wall St.","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2488395101?lang=en_us&edition=fundamental","pubTime":"2024-12-03 07:45","pubTimestamp":1733183157,"startTime":"0","endTime":"0","summary":"Key Insights The considerable ownership by private companies in Guangzhou Automobile Group indicates that they...","market":"us","thumbnail":"https://images.simplywall.st/asset/industry/4021000-choice1-main-header/1585186682108","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/4021000-choice1-main-header/1585186682108"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/hk/automobiles/hkg-2238/guangzhou-automobile-group-shares/news/private-companies-are-guangzhou-automobile-group-co-ltds-hkg","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["BK1119","02238","BK1539"],"gpt_icon":0},{"id":"1161203897","title":"Hong Kong Stocks Close Higher, MINISO Surges 18%, BYD Electronic Rises 11%","url":"https://stock-news.laohu8.com/highlight/detail?id=1161203897","media":"Market Watcher","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1161203897?lang=en_us&edition=fundamental","pubTime":"2024-12-02 16:31","pubTimestamp":1733128287,"startTime":"0","endTime":"0","summary":"On December 2, 2024, the Hong Kong stock market closed higher. The Hang Seng Index rose 0.65%, the Hang Seng China Enterprises Index increased by 0.90%, the Hang Seng Tech Index climbed 1.20%, and the","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["00175","03896","01810","02238","HSCEI","UMCW.SI","03690","00285","09633","09896","DRKW.SI","HSTECH","09868","01211","HSI"],"gpt_icon":1},{"id":"2488612239","title":"Guangzhou Automobile Shares Surge After Disclosing Plans for Huawei EV Partnership","url":"https://stock-news.laohu8.com/highlight/detail?id=2488612239","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2488612239?lang=en_us&edition=fundamental","pubTime":"2024-12-02 10:48","pubTimestamp":1733107680,"startTime":"0","endTime":"0","summary":"Guangzhou Automobile Group's shares surged after the Chinese state-owned automaker announced an electric-vehicle partnership with Huawei.The carmaker's Hong Kong-listed shares jumped 19% to 3.55 Hong Kong dollars, equivalent to 46 U.S. cents, early Monday, on track for their largest one-day gain since March 2009. The Shanghai-listed stock rose 9.95%, making it the top gainer on the CSI 300 Index.The gains came after the company said Saturday that it will launch a new EV brand with Huawei, leveraging the tech giant's advanced technology and targeting the premium market.\"The shares surge was more like a short squeeze,\" said CCB International analyst Qu Ke, adding that investors should await more details about the collaboration.The deal boosted investor sentiment on GAC, which has reported sluggish sales throughout the year and weak third-quarter earnings, analysts say.GAC's sales of new energy cars, a term in China referring to electric and hybrid vehicles, fell 26% in the first 10 month","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK1539","BK1119","02238"],"gpt_icon":0},{"id":"2484950285","title":"Market Chatter: Guangzhou Automobile Group Closes Shanghai Branch, Delays Redundancy Payments","url":"https://stock-news.laohu8.com/highlight/detail?id=2484950285","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484950285?lang=en_us&edition=fundamental","pubTime":"2024-11-19 12:26","pubTimestamp":1731990394,"startTime":"0","endTime":"0","summary":"GAC Group-backed  Hycan Automobile Technology shut down its branch in Shanghai and missed the date for paying severance to staff, YiCai Global reported Monday.The severance packages were due for payment by the end of October, but the electric vehicle maker kept delaying the compensation, former employees told YiCai Global.Sales of Hycan Automobile Technology fell 82% year over year to 110 units in October and 83% to 4,388 units in the first 10 months of 2024, according to the report.GAC owns a 4.5% stake in Hycan Automobile Technology, while its new energy vehicle arm, GAC Aion, holds a 21% stake, YiCai Global wrote.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK1539","02238","BK1119"],"gpt_icon":0},{"id":"1121826049","title":"Stock Track | GAC Group Shares Rally on Strong Chinese Auto Sales Recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=1121826049","media":"Stock Track","labels":["movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1121826049?lang=en_us&edition=fundamental","pubTime":"2024-11-12 17:52","pubTimestamp":1731405155,"startTime":"0","endTime":"0","summary":"Shares of Chinese automaker GAC Group soared 8.63% on Monday, significantly outperforming the broader Hong Kong market, as the company benefited from a robust rebound in auto sales and production in China in October.According to data from the China Association of Automobile Manufacturers, auto sales in the world's largest auto market rose 7% year-over-year to 3.1 million units last month, while production climbed 3.6% to around 3 million units. The strong figures were driven by pro-growth policy","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"movement","news_rank":0,"length":0,"strategy_id":0,"source":"ai_movement_en","symbols":["02238"],"gpt_icon":0},{"id":"1133219364","title":"Hang Seng Index Drops Below 20,000; NIO Drops 5%; Alibaba Falls 3%","url":"https://stock-news.laohu8.com/highlight/detail?id=1133219364","media":"Tiger Newspress","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1133219364?lang=en_us&edition=fundamental","pubTime":"2024-11-12 13:17","pubTimestamp":1731388641,"startTime":"0","endTime":"0","summary":"Hong Kong stocks fell on Tuesday after data showed weak loan growth in October. The Hang Seng Index dropped 0.6%, while the Hang Seng Tech Index fell 0.8%.Auto stocks defied the trend with an impressive performance. Auto sales and production in China rose in October on the back of pro-growth policy measures, according to data from the China Association of Automobile Manufacturers. Dongfeng Group rose 16%; BAIC Motor rose 6%; GAC Group rose 5%; Geely Auto rose 3%; GWMOTOR rose 2%; BYD rose 1%; 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