meidong auto (01268.HK) has had its shareholding reduced by 3.684 million shares by FIDELITY FUNDS.

According to the latest equity disclosure data from the Hong Kong Stock Exchange on November 27, 2024, meidong auto (01268.HK) was shareholding by FIDELITY FUNDS on the market at an average price of 2.3152 Hong Kong dollars per share, reducing 3.684 million shares, involving approximately 8.5292 million Hong Kong dollars. After the shareholding, the latest number of shares held by FIDELITY FUNDS is 94.14 million shares, and the shareholding ratio has decreased from 7.27% to 6.99%.

Gelonghui FinanceDec 3 07:23

HK stocks fluctuate | Car dealers/auto retailers see larger afternoon decline, industry experiences widespread losses, UBS Group points out that the market has overvalued the Zhongsheng AITO stores.

The car dealers expanded their declines in the afternoon. As of the time of publication, meidong auto (01268) dropped 6.11% to 2.15 HKD; zhongsheng hldg (00881) fell 3.74% to 15.96 HKD; yongda auto (03669) decreased by 1.55% to 1.9 HKD.

Zhitong FinanceNov 26 14:25

Car dealers Ping Sheng Yongda Auto (03669) rose by 10.64%. Institutions expect car demand to continue to rise by the end of the year.

Jingwu Financial News | Car dealers have generally increased, yongda auto (03669) rose 10.64%, meidong auto (01268) increased by 5.13%, harmony auto (03836) rose by 2.82%, zhengtongauto (01728) increased by 2.5%, zhongsheng hldg (00881) rose by 2.31%. Senior economist Xu Changming from the National Information Center stated today at the 2024 Automotive Finance Industry Summit that the wholesale sales volume of domestic passenger vehicles is expected to be 23 million units this year, an increase of 2.7% year-on-year, with terminal sales expected to reach around 23.5 million units, a year-on-year increase of 6-7%, throughout the year.

Jingu Wealth NewsNov 21 14:52

Hong Kong stock market anomaly | Car dealers collectively stall, industry operation pressure continues to increase, dealers urgently need to break through transformation.

Car dealers who had experienced a significant increase in the past two trading days collectively stalled today. As of the time of writing, Zhongsheng Holding (00881) fell by 10.45%, to 16.96 Hong Kong dollars; Meidong Auto (01268) fell by 10.34%, to 2.6 Hong Kong dollars.

Zhitong FinanceNov 12 14:15

Suspension in the afternoon! zhongsheng hldg implicated in the concept of "Huawei Smart Selection Car", surged more than 50% in two days.

①How do institutions view the role of "Huawei Smart Selection Car" on automotive sales companies? ②Why did "Huawei Smart Selection Car" spark market discussions?

cls.cnNov 11 13:05

Hong Kong stock market midday review | Hang Seng Index fell 0.86% in early trading, with the autos sector leading the gains

The new policy subsidies significantly boost auto consumption, and the year-end demand for car purchases will continue to be released.

Zhitong FinanceNov 8 12:00