GWM's Earnings Bottomed Out in First Half; FVE Raised to HKD 14 on Improving Product Mix
There were no major surprises in no-moat Great Wall Motors’, or GWM’s, first-half result. Net income dropped 51% year on year on the back of a...
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GWM's Potential Acquisition of Jeep Could Be a Long-Term Positive; FVE Maintained at HKD 12
No-moat Great Wall Motor's, or GWM's, shares was temporarily suspended from trading pending the announcement about the company's potential bid for...
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China's Auto Sales Rebounded in July 2017
Retail (+6%), Wholesale (+6%) and Production (+2%) Auto Sales Rebounded to 6% yoy1.7 mm passenger vehicles were sold (both wholesale and retail)...
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Asia: Developing Leadership
As all eyes are focused on Europe—the current darling trade—Asia is emerging as a technical leader. The MSCI All-Country Asia Index (below) is...
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GWM's 1H 2017 Profit Down 49% on Substantial Inventory Destocking Cost, but Worst Is Likely Over
Driven by higher-than-expected inventory destocking and new-model rollout expenses, no-moat Great Wall Motor, or GWM, reported weak first-half...
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