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Guangzhou Automobile Group (2238 HK)
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239
Analysis
Consumer Discretionary
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China
Guangzhou Automobile Group Company, Ltd. manufactures, sells, and services automobiles. The Company is also involved in automobile parts and components, and auto finance and related services for both overseas and domestic markets.
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bullish
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Thematic (Sector/Industry)
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03 Aug 2023 08:10
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Broker
China Auto Sector – Jul NEV: All-time high sales for seven brands
Nine Chinese automakers including BYD, Great Wall Motor, NIO, Xpeng, Li Auto, Zeekr, Aion, Neta and Leap reported their Jul 2023 sales volumes on 1...
CMB International
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215 Views
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bearish
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Thematic (Sector/Industry)
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11 Jul 2023 08:40
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Broker
China Auto Sector – When will discounts peak after rising for 8 months
Note that such discounts for each automaker are calculated based on weighted average of May 2023 retail sales volume for each model
CMB International
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193 Views
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bullish
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Thematic (Sector/Industry)
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02 Jun 2023 09:05
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Broker
China Auto Sector – May NEV likely to hit second highest in history
Nine new-energy vehicle (NEV) brands including BYD, NIO, Xpeng, Li Auto, Zeekr, Aion, Aito, Neta and Leap reported their May 2023 sales volumes on...
CMB International
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430 Views
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bullish
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Guangzhou Automobile Group
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03 May 2023 07:30
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Broker
GAC Group (2238 HK) – 1Q23 earnings miss on gross margin
GAC’s 1Q23 net profit was 15% below our prior expectation, largely due to its alltime low gross margin. We are still of the view that GAC is a...
CMB International
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189 Views
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bullish
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Guangzhou Automobile Group
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01 Apr 2023 05:36
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Broker
GAC Group (2238 HK) – Impairment as always; eyes on Aion’s upmarket
GAC’s 4Q22 earnings missed our prior forecast on impairment. The bright spot was its homegrown brands’ GPM improvement and cost reduction efforts.
CMB International
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378 Views
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