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| HSI1 | 25,660.85 | -232.69 | 207.91B |
| HSCEI1 | 8,602.06 | -52.98 | 63.92B |
| Back Zoom + Zoom - Block Traded | |
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2026-04-10 16:13:13 Jefferies published a research report on GWMOTOR (02333.HK), which recorded 1Q26 sales volume growth of 4.8% YoY to 269,000 units, while NEV sales sank 15.9% YoY to 53,000 units. However, export volume swelled 43.1% YoY to 130,000 units, with overseas sales proportion hiking to 48.3% of the total. As NEV models are launched at an accelerated pace overseas, GWM will ride on oil price spike, while continued growth in exports of the Tank series should further enhance earnings visibility. The broker believed that 2026 will mark the beginning of a harvest phase for the company's previously implemented platform-driven strategy and overseas footprint, which was expected to fuel sales and earnings growth. However, Jefferies lowered the TP for GWM H shares to HKD22 from HKD25.1. The A-share TP for GREAT WALL MOTOR (601633.SH) was also cut to RMB30.4 from RMB34.6. The Buy rating was reiterated. ~ AASTOCKS Financial News Website: www.aastocks.com | |