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Guangzhou Automobile Group Co Ltd (2238.HK)

2238.HK on Hong Kong Stock

6.85HKD
16 Aug 2018
Change (% chg)

HK$-0.18 (-2.56%)
Prev Close
HK$7.03
Open
HK$6.90
Day's High
HK$7.07
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HK$6.76
Volume
36,808,830
Avg. Vol
31,058,457
52-wk High
HK$15.75
52-wk Low
HK$6.76

Latest Key Developments (Source: Significant Developments)

Guangzhou Automobile, Its JV And Unit Plan Projects, To Buy Land Site
Tuesday, 17 Jul 2018 

July 17 (Reuters) - Guangzhou Automobile Group Co Ltd <601238.SS>2238.HK::SAYS BOARD APPROVES ITS JV TO INVEST A COMBINED 711.7 MILLION YUAN ($106.45 million) IN TWO AUTOMOBILE PRODUCTION PROJECTS.SAYS UNIT PLANS TO INCREASE ITS INVESTMENT OF A26 PRODUCTION PROJECT TO 463.93 MILLION YUAN FROM 373.15 MILLION YUAN.SAYS UNIT PLANS TO BUY A LAND SITE FOR EXPANSION PROJECT WITH INVESTMENT OF ABOUT 1.42 BILLION YUAN.SAYS UNIT PLANS TO INVEST 1.04 BILLION YUAN IN ENGINE PROJECT.  Full Article

Guangzhou Automobile Group Co June Production Volume For Vehicles 195,315 Units
Thursday, 5 Jul 2018 

July 5 (Reuters) - Guangzhou Automobile Group Co Ltd <601238.SS>::JUNE PRODUCTION VOLUME FOR VEHICLES 195,315 UNITS VERSUS 183,486 UNITS.JUNE SALES VOLUME FOR VEHICLES 178,962 UNITS VERSUS 171,055 UNITS.  Full Article

Shanghai Exchange Filing Shows Block Trade Of Guangzhou Auto's A-Shares Involving 164.4 Mln Yuan
Tuesday, 3 Jul 2018 

July 3 (Reuters) - Guangzhou Automobile Group Co Ltd <601238.SS>2238.HK::SHANGHAI STOCK EXCHANGE FILING SHOWS BLOCK TRADE OF GUANGZHOU AUTOMOBILE'S <<<601238.SS>>>2238.HK 15.4 MILLION A-SHARES INVOLVING 164.4 MILLION YUAN ($24.74 million) ON JULY 3.  Full Article

Guangzhou Automobile's Boar Approves Auto Parts Storage, Output Expansion Projects
Monday, 2 Jul 2018 

July 2 (Reuters) - Guangzhou Automobile Group Co Ltd <601238.SS>2238.HK::SAYS BOARD APPROVES AUTO PARTS STORAGE PROJECT WITH INVESTMENT AT 513.6 MILLION YUAN ($77.11 million).SAYS BOARD APPROVES OUTPUT EXPANSION PROJECT WITH NEW INVESTMENT AT 2.45 BILLION YUAN.  Full Article

Guangzhou Automobile Group Expects 2017 Net Profit Up 55-85 Percent Y/Y
Monday, 15 Jan 2018 

Jan 15 (Reuters) - Guangzhou Automobile Group Co Ltd <601238.SS>2238.HK::SAYS IT EXPECTS 2017 NET PROFIT UP 55-85 PERCENT Y/Y FROM 6.3 BILLION YUAN ($979.17 million) YEAR AGO.  Full Article

Guangzhou Automobile Expects Net Profit Attributable Of RMB4,570 Million In FY 2017
Monday, 15 Jan 2018 

Jan 15 (Reuters) - Guangzhou Automobile Group Co Ltd <601238.SS>::NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS EXPECTED TO INCREASE BY RMB3,350 MILLION TO RMB4,570 MILLION AND BY 55% TO 75% FOR FY 2017.EXPECTED RESULT‍ DUE TO GROWTH OF PRINCIPAL BUSINESS OF CO​.  Full Article

Guangzhou Automobile Sells More Vehicles In Dec And 2017 From Year Ago
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Guangzhou Automobile Group Co Ltd <601238.SS>2238.HK::SAYS IT SOLD 178,264 VEHICLES IN DEC VERSUS 168,597 UNITS YEAR AGO.SAYS IT SOLD 2,001,036 VEHICLES IN 2017, UP 21.3 PERCENT Y/Y.  Full Article

Guangzhou Automobile Group signs strategic cooperation framework agreement
Wednesday, 3 Jan 2018 

Jan 3(Reuters) - Guangzhou Automobile Group Co Ltd <601238.SS>:Says it signs strategic cooperation framework agreement with Guangzhou-based public transport company.Says two entities will mainly cooperate on intelligent transport platform, energy-saving, new energy vehicles and transport services areas .  Full Article

Guangzhou Auto Aims To Achieve At Least 10 Percent Growth In Sales And Production In 2018
Friday, 29 Dec 2017 

Dec 29 (Reuters) - Guangzhou Automobile Group Co Ltd <601238.SS>2238.HK::SAYS IT AIMS TO ACHIEVE AT LEAST 10 PERCENT GROWTH IN SALES AND PRODUCTION IN 2018.  Full Article

Guangzhou Automobile Plans New Energy Car Firm, Board Approves GAC Toyota Engine's Engine Project
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - Guangzhou Automobile Group Co Ltd <601238.SS>2238.HK::SAYS IT AND UNIT PLAN TO SET UP NEW ENERGY CAR COMPANY WITH PARTNERS ON PROJECTS WITH INVESTMENT OF 1.28 BILLION YUAN ($195.30 million).SAYS BOARD APPROVES GAC TOYOTA ENGINE'S ENGINE PROJECT WITH INVESTMENT OF $161.4 MILLION.  Full Article

UPDATE 1-China's Didi signs up Continental for purpose-built electric cars

BEIJING, July 10 China's Didi Chuxing signed an agreement with German automotive supplier Continental AG on Tuesday to cooperate in developing internet-connected, electric cars tailor-made for Didi's ride hailing services.