On June 12, Great Wall Motor (02333.HK) rose 3.02% in regular trading, trading at HK$10.58/share, with turnover of HK$58.39 million.
On the news front, the company has conducted three consecutive buybacks of H shares in the past week, repurchasing a total of approximately 10.14 million shares for around HK$101 million. On June 9, the company repurchased 5.66 million shares at prices ranging from HK$10.19 to HK$10.30; on June 5, it repurchased 4.12 million shares at HK$10.29 to HK$10.43; and on June 10, it repurchased another 362,000 shares at HK$10.26 to HK$10.33. The sustained buyback activity coincides with the launch of the flagship Wei brand V9X on the new Guiyuan S platform and a sweep of championship titles at the China Erta Rally, reinforcing positive sentiment around the stock.
Within the Automobile Manufacturers sector, the overall tone is positive. Among peers, BYD Company up 1.77%, XPENG up 1.96%, Geely Auto up 2.01%, Li Auto up 1.98%, Leapmotor up 2.02%.
(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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