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| HSI1 | 21,971.96 | -8.78 | 169.03B |
| HSCEI1 | 8,080.19 | -0.35 | 62.45B |
| Back Zoom + Zoom - Block Traded | |
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2025-04-28 10:11:33 According to a report from BofA Securities, GWMOTOR (02333.HK)'s 1Q25 sales dropped by 7% YoY to RMB40 billion, and its volume sales were also down 7% YoY, mainly due to a transition period for new models. The company also recorded a decline of 1.5 ppts YoY in its gross margin to 17.8%. After excluding one-off items, net income for the quarter would have slipped by 27% YoY to RMB1.5 billion. BofA Securities trimmed its target price for GWMOTOR's H-shares from $14.6 to $12.8 and kept the Neutral rating unchanged. ~ AAStocks Financial News Web Site: www.aastocks.com | |