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BRIEF-Wuling Motors Holdings Expects Net Profit Of RMB 104 Million For 2024

Wuling Motors' Profit to Balloon 79% in 2024

MT Newswires Live

Market Chatter: XPeng to Pilot Self-Driving Technology in Hong Kong

MT Newswires Live

Wuling Motors Holdings Ltd - Expects Net Profit of RMB 104 Mln for 2024

THOMSON REUTERS

Wuling Motors - Expected Result Due to Decrease in General and Administrative Expenses During Year Among Others

THOMSON REUTERS

BYD's Share Placement Plan Likely to Further Support Growth -- Market Talk

BYD's Equity Placement Could Help Boost Overseas Expansion -- Market Talk

Geely Automobile Remains Undervalued, Morningstar Says -- Market Talk

BYD Says Al-Futtaim Family Office in United Arab Emirates Participated in $5.6 Bln Share Placement

THOMSON REUTERS

BRIEF-BYD Says Al-Futtaim Family Office Participated In $5.6 Bln Share Placement

Chinese Automaker BYD to Raise $5.6 Billion Via Share Placement

BYD Co - Net Proceeds From Placing to Be Used to Invest in Research and Development, Expand Overseas Businesses, Others

THOMSON REUTERS

BYD Co - Aggregate Net Proceeds From Placing Are Expected to Be Approximately HK$43,383 Mln

THOMSON REUTERS

Placing of New H Shares Under General Mandate

THOMSON REUTERS

China's BYD Prices Shares at HK$335.20 in Accelerated Bookbuild, Term Sheet Shows

THOMSON REUTERS

REFILE-China's BYD raises $5.95 billion in upsized share sale, term sheet shows

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Wuling Motors Holdings Ltd 0305.HK:EXPECTS NET PROFIT OF RMB 104 MILLION FOR 2024EXPECTED RESULT DUE TO DECREASE IN GENERAL AND ADMINISTRATIVE EXPENSES DURING YEAR AMONG OTHERSFurther company coverage: 0305.HK ","market":"us","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://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250305:nFWN3PN14P:1","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":["BK1539","BK1144","BK1578","00305"],"gpt_icon":0},{"id":"2517099210","title":"Wuling Motors' Profit to Balloon 79% in 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2517099210","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517099210?lang=en_us&edition=fundamental","pubTime":"2025-03-05 18:39","pubTimestamp":1741171197,"startTime":"0","endTime":"0","summary":"Wuling Motors  expects an attributable profit of 42 million yuan for the year 2024, up 79% from around 23.5 million yuan a year prior, a Wednesday filing by the new-energy vehicle company with the Hong Kong bourse said.The higher anticipated profit came about despite a decline in revenue and was attributed mainly to the compensation rebate related to the supply of electric vehicle components, lower general and administrative expenses, a rise in government grants income, and a decline in shares of losses of associates.","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":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["00305","BK1144","BK1539","BK1578"],"gpt_icon":0},{"id":"2517999839","title":"Market Chatter: XPeng to Pilot Self-Driving Technology in Hong Kong","url":"https://stock-news.laohu8.com/highlight/detail?id=2517999839","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517999839?lang=en_us&edition=fundamental","pubTime":"2025-03-05 17:35","pubTimestamp":1741167313,"startTime":"0","endTime":"0","summary":"XPeng  will test its artificial intelligence-powered autonomous driving technology in Hong Kong to assess global demand and the right-hand drive market, the South China Morning Post reported Tuesday, citing a story by Hong Kong Economic Journal.Co-founder and Chief Executive Officer He Xiaopeng did not give a timeline to test the Xpeng Navigation Guided Pilot in the city, the report said.Xpeng will also test the technology in other right-hand drive markets such as Thailand, the SCMP said.Worldwide launch is seen to take place in 2026, the report said, citing a spokesperson for XPeng.Shares closed 4% higher during Wednesday's trading.","market":"us","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":["BK1587","09868","BK1575","BK1539","BK1119","BK1588","LU0593848301.USD","BK1610"],"gpt_icon":1},{"id":"2517981960","title":"Wuling Motors Holdings Ltd - Expects Net Profit of RMB 104 Mln for 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2517981960","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517981960?lang=en_us&edition=fundamental","pubTime":"2025-03-05 16:39","pubTimestamp":1741163947,"startTime":"0","endTime":"0","summary":null,"market":"us","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://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250305:nFWN3PN14P:1","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":"reuters_en_live","symbols":["BK1578","BK1144","BK1539","00305"],"gpt_icon":0},{"id":"2517960492","title":"Wuling Motors - Expected Result Due to Decrease in General and Administrative Expenses During Year Among Others","url":"https://stock-news.laohu8.com/highlight/detail?id=2517960492","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517960492?lang=en_us&edition=fundamental","pubTime":"2025-03-05 16:39","pubTimestamp":1741163947,"startTime":"0","endTime":"0","summary":null,"market":"us","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://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250305:nFWN3PN14P:2","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":"reuters_en_live","symbols":["00305","BK1578","BK1539","BK1144"],"gpt_icon":0},{"id":"2517955694","title":"BYD's Share Placement Plan Likely to Further Support Growth -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2517955694","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517955694?lang=en_us&edition=fundamental","pubTime":"2025-03-05 11:10","pubTimestamp":1741144200,"startTime":"0","endTime":"0","summary":"0310 GMT - As long as BYD delivers further growth, its recent share placement plan is likely to support the company, Nomura analysts write in a note. The Chinese automaker may use the funding to support its overseas expansion, in line with the company's overall business strategy, they add. BYD plans to have six overseas factories over the next two years and to expand its exposure to those overseas markets. There could be challenges in securing funding, given BYD's difficulties in transferring the capital needed outside mainland China due to government capital control measures. However, the replacement plan could help it secure more funding and make overseas expansion more feasible, they say. ","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":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK0169","LU0054450605.USD","81211","LU0164872284.USD","01211","LU1861214812.USD","LU1969619763.USD","BYDDY","002594","LU2360107325.USD","LU0516422366.SGD","LU0979878070.USD","LU1868837722.USD","LU0052750758.USD","LU0348805143.USD","BK1539","LU2153592121.USD","LU1820825898.SGD","LU0516423174.USD","EVS.SI","LU0175139822.USD","LU0417516738.SGD","HYDD.SI","BK1610","LU2249611893.SGD","LU2348774022.SGD","LU2778985437.USD","LU0588546209.SGD","LU0143863198.USD","LU0819121731.USD","SG9999015945.SGD","SG9999015952.SGD","LU1861219969.SGD","SG9999014674.SGD","BK0264","LU1580142542.USD","SG9999015978.USD","BK0014","LU0516422440.USD","LU2476274308.USD","BK1119","LU2097828474.EUR","BK0070","BK1509","SG9999001226.SGD","LU1023057109.AUD","LU0819123356.HKD","LU0531970944.HKD","LU0211977185.USD","LU0348735423.USD"],"gpt_icon":1},{"id":"2516161677","title":"BYD's Equity Placement Could Help Boost Overseas Expansion -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2516161677","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516161677?lang=en_us&edition=fundamental","pubTime":"2025-03-04 12:15","pubTimestamp":1741061700,"startTime":"0","endTime":"0","summary":"0415 GMT - BYD's equity offering to raise capital for its overseas expansion could put some short-term pressure on stock price, Bernstein analysts write in a note. The Chinese auto giant is offering over 129 million Hong Kong-listed shares at a discount rate to raise up to HK$43.5 billion in part for overseas expansion, they say. While the company has over CNY90 billion in cash and equivalents on its balance sheets as of the end of 3Q24, raising HKD is more straightforward for financing investments in overseas markets, considering capital controls in China, they add. Bernstein has long been bullish on BYD's overseas potential, thanks to strong volume growth for its cars across the world, they say. BYD is down 6.6% to HK$339.60 at midday.","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":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1146622755.USD","BK0169","LU0054450605.USD","81211","LU0164872284.USD","LU1781817850.SGD","01211","LU1969619763.USD","BYDDY","002594","BK4585","LU0511384066.AUD","LU1868837565.USD","LU1868837722.USD","LU0052750758.USD","BK1539","LU2153592121.USD","LU0708995583.HKD","LU0307460666.USD","BK1594","EQR","LU1808992512.USD","LU0516423174.USD","EVS.SI","LU2580892862.HKD","HYDD.SI","LU2097828631.EUR","LU2778985437.USD","LU0359202008.SGD","LU0588546209.SGD","LU0143863198.USD","LU2328871848.SGD","LU1242518857.USD","LU2097828805.USD","SG9999015952.SGD","IE00BD6J9T35.USD","LU0289961442.SGD","LU1064130708.USD","LU1580142542.USD","LU0449515922.USD","LU0289960550.SGD","LU0593848301.USD","SG9999015978.USD","LU0516422440.USD","LU2580892789.USD","BK1522","SG9999001226.SGD","LU1023057109.AUD","SG9999002463.SGD","LU0348735423.USD"],"gpt_icon":1},{"id":"2516187516","title":"Geely Automobile Remains Undervalued, Morningstar Says -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2516187516","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516187516?lang=en_us&edition=fundamental","pubTime":"2025-03-04 11:18","pubTimestamp":1741058280,"startTime":"0","endTime":"0","summary":"0318 GMT - Geely Automobile, one of China's leading automakers, remains undervalued by investors but is Morningstar's top pick in China's auto sector, Morningstar analyst Vincent Sun writes in a note. The brokerage is positive on Geely given its new energy initiatives continue to show progress. Thanks to a strong model lineup from its two leading brands, Zeekr and Galaxy, the company will be able to further increase EV sales and solidify its position in China's EV industry, Sun says. Investors underestimate Geely's long-term earnings potential brought about by its various new energy brands, Morningstar says. The analyst sees value at the current share price and maintains a buy rating on the stock. ","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://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":["LU2065731478.USD","LU1224444064.USD","LU1878469433.USD","IE00BZ08YS42.EUR","MORN","BK4112","BK1521","SG9999002828.SGD","80175","EVS.SI","IE00B0JY6N72.USD","IE00BZ08YR35.GBP","LU0293314216.USD","BK1119","BK1539","LU0315179316.USD","BK4099","BK1589","IE00BZ08YT58.USD","00175","GELYY","LU1282651048.USD","LU1282651121.HKD"],"gpt_icon":1},{"id":"2516696832","title":"BYD  Says Al-Futtaim Family Office in United Arab Emirates Participated in $5.6 Bln Share Placement","url":"https://stock-news.laohu8.com/highlight/detail?id=2516696832","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516696832?lang=en_us&edition=fundamental","pubTime":"2025-03-04 09:00","pubTimestamp":1741050036,"startTime":"0","endTime":"0","summary":null,"market":"us","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://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250304:nL3N3PN04M:1","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":"reuters_en_live","symbols":["LU0143863784.USD","002594","BYDDY","LU0348735423.USD","LU1146622755.USD","LU0417516738.SGD","BK1119","LU0289961442.SGD","LU0307460666.USD","BK1539","LU0175139822.USD","LU0289960550.SGD","BK1594","LU0819123356.HKD","SG9999002463.SGD","BK0188","LU0856984785.SGD","LU2580892862.HKD","LU1808992512.USD","LU0823426480.USD","BK1509","LU0516422440.USD","BK1540","EVS.SI","LU1580142542.USD","LU0823426308.USD","BK0183","81211","LU0054450605.USD","SG9999015986.USD","LU0531970944.HKD","LU0143863198.USD","SG9999015978.USD","HYDD.SI","LU0289739343.SGD","LU0516423174.USD","LU1861219969.SGD","LU2097828805.USD","LU2328871848.SGD","BK0155","LU1242518857.USD","LU1820825898.SGD","LU2097828557.USD","BK0070","LU0164872284.USD","LU2476274308.USD","LU0320764599.SGD","LU1023057109.AUD","01211","LU1868837565.USD"],"gpt_icon":0},{"id":"2516696810","title":"BRIEF-BYD Says Al-Futtaim Family Office Participated In $5.6 Bln Share Placement","url":"https://stock-news.laohu8.com/highlight/detail?id=2516696810","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516696810?lang=en_us&edition=fundamental","pubTime":"2025-03-04 09:00","pubTimestamp":1741050036,"startTime":"0","endTime":"0","summary":"BRIEF-BYD Says Al-Futtaim Family Office Participated In $5.6 Bln Share PlacementMarch 4  - BYD Co Ltd 1211.HK:SAYS AL-FUTTAIM FAMILY OFFICE IN UNITED ARAB EMIRATES PARTICIPATED IN $5.6 BILLION SHARE PLACEMENTSource text: [ID:]Further company coverage: 1211.HK  ","market":"us","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://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250304:nL3N3PN04M:1","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":null,"symbols":["LU0164872284.USD","LU2476274308.USD","SG9999002463.SGD","LU1580142542.USD","LU1868837565.USD","LU0856984785.SGD","BK1594","LU1861219969.SGD","SG9999015986.USD","BK0183","01211","LU2097828805.USD","LU2097828557.USD","BK1540","81211","LU0289960550.SGD","LU0143863198.USD","LU2328871848.SGD","LU0417516738.SGD","LU0054450605.USD","LU0175139822.USD","BK1509","BK0070","002594","LU0531970944.HKD","EVS.SI","LU0289739343.SGD","LU1820825898.SGD","BK1119","LU0320764599.SGD","LU0516423174.USD","HYDD.SI","LU0348735423.USD","LU1808992512.USD","LU0819123356.HKD","LU0823426480.USD","LU1023057109.AUD","LU1146622755.USD","LU0823426308.USD","LU0307460666.USD","LU0143863784.USD","LU0516422440.USD","SG9999015978.USD","BK0188","BK0155","BYDDY","LU0289961442.SGD","LU1242518857.USD","BK1539","LU2580892862.HKD"],"gpt_icon":0},{"id":"2516457695","title":"Chinese Automaker BYD to Raise $5.6 Billion Via Share Placement","url":"https://stock-news.laohu8.com/highlight/detail?id=2516457695","media":"Dow Jones","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2516457695?lang=en_us&edition=fundamental","pubTime":"2025-03-04 08:36","pubTimestamp":1741048560,"startTime":"0","endTime":"0","summary":"Chinese automaker BYD said it plans to raise $5.6 billion via a share placement to enhance investments in cutting-edge technology and strengthen its competitive edge over rival Tesla.BYD plans to sell 129.80 million shares priced at 335.20 Hong Kong dollars each, equivalent to US$43.10, it said in a stock exchange filing Tuesday. The shares are priced at an 11.8% discount to the average closing price of HK$380.10, for the last 10 consecutive trading days up to and including March 3, it said.The company expects to raise about HK$43.51 billion in gross proceeds, equivalent to US$5.59 billion, it said.BYD's rationale for the share placement is reasonable, said Eunice Lee, a senior analyst at Bernstein in a note. \"We have long been bullish on the company's overseas potential,\" Lee said.However, there will likely be short-term weakness in shares today given the equity placement, Lee said.The fundraising comes as the competition in the new energy vehicles industry is intensifying. 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