PRE-MARKET CHINESE STOCK NEWS: Automakers' delivery updates
Geely Auto (175 HK) - Co. July total sales volume rose 13% Y/Y to 150.8k units. (Newswires)
Huadian Power International (600027 CH) - Co. plans to buy stakes in multiple firms including an 80% stake in China’s Huadian Jiangsu unit through a cash and share issue. (Newswires)
Kowloon Development (34 HK) - Co. sees H1 profit attributable to decline 35%-45% citing increase in revaluation losses in investment properties in Hong Kong. (Newswires)
Li Auto (2015 HK) - Co. July deliveries rose 49.4% Y/Y to 51k vehicles. (Newswires)
Nio (9866 HK) - Co. delivered 20.5k vehicles in July (prev. 21.2k in June). (Newswires)
TCL Technology (000100 CH) - Co. unit becomes a preferred bidder for stakes in LG Display’s two units. (Newswires)
Xpeng (9868 HK) - Co. delivered 11.1k vehicles in July (prev. 10.7k in June). (Newswires)
Other News
China's Industry Minister plans to strengthen supervision and management of "over the air" upgrades. (Newswires)
China is reportedly expected to appoint securities official Li Jizun to lead the Shenzhen Stock Exchange, according to Reuters sources. (Newswires)
Data Recap
- Hong Kong Retail Sales Value YY (Jun) -9.7% (Prev. -11.5%)
- Hong Kong Retail Sales Volume YY (Jun) -11.2% (Prev. -12.8%)
02 Aug 2024 - 02:18- EquitiesData- Source: Newswires
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