News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research>UOB Kay Hian Cuts GWMOTOR (02333.HK) TP to $15, Keeps Buy Rating
GWMOTOR (02333.HK) reported a 46% YoY/ 23% QoQ decline in 1Q26 net profit to RMB945 million, missing expectation, representing only 9% of UOB Kay Hian's full-year forecast, UOB...
Reset
Send
The window will close in 5 seconds
<Research>UOB Kay Hian Cuts GWMOTOR (02333.HK) TP to $15, Keeps Buy Rating
Close
Recommend
7
Positive
8
Negative
6
 
SHORT SELL
 
STOCK INFO
aacat by AASTOCKS
Open a new trading account to get 1 Intel/Gold ETF share!

GWMOTOR (02333.HK)  +0.050 (+0.437%)    Short selling $27.75M; Ratio 17.941%   reported a 46% YoY/ 23% QoQ decline in 1Q26 net profit to RMB945 million, missing expectation, representing only 9% of UOB Kay Hian's full-year forecast, UOB Kay Hian published a research report saying.

The earnings decline was mainly due to higher-than-expected selling and R&D expenses. However, excluding the RMB1.03 billion foreign exchange gain recorded in the same period last year, 1Q26 net profit would have posted a YoY growth of over 30%.

Related News Citi Cuts HSI 2026 TP to 29,600; TENCENT (00700.HK), AIA (01299.HK) Among Top H Shrs Picks
Therefore, UOB Kay Hian kept rating at Buy, but lowered its 2026-2028 net profit forecasts by 15%/ 16%/ 17% each on higher expense ratio. The broker cut its target price from $16 to $15, based on an unchanged projected 2026 PE ratio of 12x.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-15 16:25.)

Auto-translated by AI
View Original Text
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

AASTOCKS Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.