|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.7500 - 0.7500|
|52 Week Range||0.5800 - 0.9000|
|Beta (5Y Monthly)||1.64|
|PE Ratio (TTM)||7.43|
|Forward Dividend & Yield||0.04 (5.65%)|
|Ex-Dividend Date||May 21, 2019|
|1y Target Est||N/A|
Great Wall Motor has agreed to buy General Motors' (GM) car plant in India, the companies said on Friday, as the Chinese automaker expands overseas amid slowing domestic demand. The deal, which is expected to be completed by the second half of 2020, will jumpstart Great Wall's plans to build and sell cars in India and bring to an end GM's manufacturing operations in the country. People aware of the deal told Reuters earlier on Friday that the two companies had agreed on the sale, with one of the sources adding that Great Wall is likely to pay around $250 million to $300 million to acquire the plant.
Long considered the holy grail for fund groups, the $4.2tn Chinese market is now in touching distance for international asset managers. In less than four months, foreign investment houses will be able to own an onshore fund management company outright for the first time, allowing them to access China’s vast retail market without the help of a local partner. The opening of China’s fund market is a pivotal moment for fund managers eager to capture a slice of one of the largest opportunities globally.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Chinese automakers Great Wall Motor and Changan Automobile are accelerating plans to build cars in India after the initial success of rival SAIC Motor in one of the world's biggest markets, three sources said. Great Wall, one of the biggest sellers of sports-utility vehicles (SUV) in China, expects to secure a production site in the first half of 2020, likely a General Motors plant in Maharashtra, a source familiar with Great Wall's plans said. Buying a factory is seen as the best way to get up and running fast and Great Wall is finalising which SUVs it plans to make in India, including whether to kick off its launch with an electric SUV, the source told Reuters.
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
BMW and its partner Great Wall Motor said they plan to build a plant in China with a capacity of 160,000 cars per year, and which will produce BMW's electric MINI brand and Great Wall Motor models. The new joint venture Spotlight Automotive, will be based in Zhangjiagang near Shanghai and eventually employ 3,000 staff. Earlier this month, Great Wall gained domestic regulatory approval for the new plant.
China's Great Wall Motor has gained domestic regulatory approval to build a factory in China together with BMW, it said on Friday, paving the way for the German carmaker to develop and build a low-emission Mini. Since February 2018 BMW, which sells a little more than 2 million cars a year, and Chinese SUV manufacturer Great Wall, which sold around 1 million vehicles last year, have tried to share the costs of building a low-cost electric vehicle on a joint platform to be used by both brands, but the project ran into regulatory hurdles.
GUANGZHOU, China/SHANGHAI (Reuters) - China's top sport-utility vehicle maker Great Wall Motor aims to sell 300,000 of its premium brand WEY vehicles a year by 2025, its chairman said on Wednesday. The company aims to roll out the vehicles to Europe in 2021 and to North America in 2023, Wei Jianjun, chairman of Baoding-based Great Wall, said on the sidelines of the Guangzhou Autoshow. Great Wall has sold over 300,000 WEY-branded SUVs in the past 3 years.
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Great Wall Motor (HKG:2333) shares have continued recent momentum with a 34% gain in the last month alone. The full...
Today we will run through one way of estimating the intrinsic value of Great Wall Motor Company Limited (HKG:2333) by...
Great Wall Motor Company Limited (HKG:2333), which is in the auto business, and is based in China, received a lot of...
Chinese suppliers and manufacturers have stepped up their presence at the Frankfurt auto show, capitalising on a strong position in electric technologies forced on European carmakers by regulators seeking to curb pollution. Europe's automakers face multibillion-euro investments to develop electric and autonomous cars, forcing them to rely on Chinese companies for key technologies such as lithium ion battery cell production, an area where Asian suppliers dominate.
FRANKFURT/BEIJING (Reuters) - China's Great Wall Motor may consider building car manufacturing facilities in the European Union once its sales there hit 50,000 units a year, its chairman said, as part of a push to seek growth in overseas markets. Great Wall, the top sport-utility vehicle and pickup truck maker in China, is now exploring sales and production in overseas markets to expand its global influence and seek higher profit, as growth in the world's largest auto market slows. The company plans to start selling WEY-branded SUVs to the European Union in two years, Chairman Wei Jianjun told Reuters in an interview on the sidelines of the Frankfurt auto show, referring to its more premium brand.