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MEIDONG AUTO: 2024 ANNUAL REPORT
Orient: Consumer stimulus policies have been implemented, and the consumer sentiment among residents has significantly rebounded.
The trend of Consumer recovery is good, the momentum of online retail continues to be released, and the increase in Trade volume in the e-commerce Industry is strongly supported, maintaining a Bullish rating for the Industry.
Hong Kong stocks moved | Car Dealers/auto Retailers declined, YONGDA AUTO (03669) fell more than 4%. Morgan Stanley expects this year's dealer new car profit margins to remain at a low level.
Car dealers are declining. As of the time of this report, YONGDA AUTO (03669) has dropped by 4%, trading at 2.4 Hong Kong dollars; ZHONGSHENG HLDG (00881) has decreased by 3.74%, trading at 11.32 Hong Kong dollars.
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