NIO fell over 7%! Most Hong Kong listed cars weaken, Great Wall Motors: will not excessively participate in the 'price war'
六月清晨搅
发表于 2024-8-2 19:59:49
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On August 2nd, Southern Finance and Economics reported that at the close of trading today, the Hang Seng Technology Index in Hong Kong fell 2.62%, and the performance of Hong Kong auto stocks was weak. NIO SW (9866. HK) fell 7.42%, while multiple stocks such as Xiaopeng Auto-W (9868. HK) and Great Wall Motors (2333. HK) fell more than 4%. The reporter from Nancai News called Great Wall Motors as an investor to inquire about the decline in the stock price of the Hong Kong automotive sector. A relevant person said, "There is no negative news from the company, possibly because the industry is in a off-season, sales are not good, and there are too many factors affecting the stock price." Regarding the issue of the "price war" in the automotive industry, the person said that the overall profit situation of the company is good, and the mid-term performance forecast exceeds expectations. "In the fierce price war, the company will not excessively" participate "
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Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
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