Previous close | 13.86 |
Open | 13.83 |
Bid | 13.85 x 0 |
Ask | 13.86 x 0 |
Day's range | 13.73 - 13.92 |
52-week range | 12.92 - 15.77 |
Volume | |
Avg. volume | 19,937,804 |
Market cap | 160.434B |
Beta (5Y monthly) | 0.53 |
PE ratio (TTM) | 11.36 |
EPS (TTM) | 1.22 |
Earnings date | 29 Aug 2024 - 02 Sept 2024 |
Forward dividend & yield | 0.34 (2.43%) |
Ex-dividend date | 19 Jul 2023 |
1y target est | 16.83 |
Threat of EU tariffs may not be enough to slow carmaker in its attempt to challenge Tesla on global stage
Investing.com-- SAIC Motor Corp Ltd (SS:600104) was slapped with substantially higher-than-expected provisional import tariffs by the European Union this week, which Morgan Stanley analysts said could serve as a “major setback” for the Chinese automaker.
It was just before lunchtime in Brussels, but the working day was creeping towards its end in Beijing, when phones pinged and screens flashed with the numbers that have threatened to upend China's ties with Europe. Car companies, lawyers, business groups and journalists all received the news at once. After seven months of speculation: 17.4 on BYD, 20 on Geely, 38.1 on SAIC and 21 on nearly all others - the tariff percentages the EU would slap on electric vehicle imports from China landed with a