Movement Alert|Great Wall Motor Falls 3.82% in Regular Trading, Lock-up Share Release Combined with Earnings Pressure Weighs on Stock

Market Focus06-18

On June 18, Great Wall Motor (02333.HK) fell 3.82% in regular trading, trading at HK$9.82/share, with turnover of HK$21.87 million.

On the news front, the company saw approximately 10.92 million restricted shares from its equity incentive plan unlocked and listed for trading on June 16, representing 0.13% of total share capital. Although the proportion is relatively small, it has intensified selling pressure amid an already weak market environment. Additionally, Daiwa Securities recently lowered its target price for the company to HK$15, while CMB International also cut its H-share target price to HK$19, reflecting a continued decline in institutional expectations.

From a fundamental perspective, the company's Q1 results showed revenue of RMB 45.109 billion, up 12.72% year-over-year, but net profit attributable to shareholders fell 46.01% to RMB 945 million, with non-recurring net profit plunging 67.19% to RMB 482 million, indicating significant margin compression. Among sector peers, BYD Company rose 0.06%, Geely Auto fell 0.68%, Li Auto fell 1.39%, and XPeng fell 1.69%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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