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Hong Kong stock movement | Great Wall Motor (02333) rises over 5%, April sales recover with positive year-on-year growth, mainstream market new car cycle begins.
Great Wall Motor (02333) rose over 5%, as of the time of writing, it rose 5.01% to 11.74 Hong Kong dollars, with a turnover of 0.25 billion Hong Kong dollars.
More than 60% of A-share vehicle companies achieved growth in net income in the first quarter, with policy dividends and technological breakthroughs being the driving forces for this growth.
① Among the 16 A-share listed automobile companies, 10 companies achieved year-on-year growth in net income attributable to the parent company in the first quarter of 2025, accounting for 62.5%. ② BYD led with a growth rate of 100.38%, SAIC Group's net income increased by 11.40% year-on-year, and Chongqing Changan Automobile's net income attributable to the parent company surged by 601.31% year-on-year.
Great Wall Motor Co., Ltd. production and sales report for April 2025
The term "smart driving" is no longer popular! Xiaomi has changed its name, and multiple car companies have adjusted their stance.
① The promotion of intelligent driving has shifted from active messaging to passive responses, with features like urban NOA no longer being emphasized; ② Most brands are introducing expressions such as "driving responsibility" and "subscription mechanism," uniformly emphasizing the attributes of Level 2; ③ Companies' statements are aligning with industry initiatives, and the promotion of assisted driving is entering a cautious compliance stage.
Great Wall Motor's (HKG:2333) Solid Profits Have Weak Fundamentals
Great Wall Motor Logs 5.6% Boost in April Vehicle Sales
