On June 25, Great Wall Motor fell 3.02% in regular trading, trading at HKD 9.29/share, with turnover of HKD 40.27 million.
On the news front, the Hong Kong Stock Exchange disclosed that BlackRock reduced its holding in Great Wall Motor H-shares from 8.40% to 7.89% on June 17, sending a bearish signal from a major institutional investor that intensified selling pressure. Meanwhile, DBS Vickers recently lowered its target price to HKD 15, and CMB International also cut its H-share target price to HKD 19, reflecting persistently deteriorating institutional expectations for the company.
The broader Automobile Manufacturers sector remained under collective pressure, with Li Auto down 4.77%, XPeng down 4.64%, Leapmotor down 2.84%, Geely Auto down 1.94%, and BYD Company down 1.05%. Industry data showed May auto retail sales declined 16% year-over-year, with weakening sector sentiment continuing to weigh on valuations across the board.
(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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