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Guangzhou Automobile Group Co., Ltd. (601238.SS)

Shanghai - Shanghai Delayed price. Currency in CNY
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8.51-0.16 (-1.84%)
As of 02:23PM CST. Market open.
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Previous close8.67
Open8.58
Bid8.51 x 0
Ask8.52 x 0
Day's range8.45 - 8.58
52-week range7.72 - 11.85
Volume18,777,837
Avg. volume37,077,921
Market cap71.563B
Beta (5Y monthly)0.41
PE ratio (TTM)21.82
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield0.15 (1.73%)
Ex-dividend date13 Jun 2024
1y target estN/A
  • South China Morning Post

    Electric vehicles: China's GAC Aion shifts up a gear in Hong Kong with ambitious sales target, new models in pipeline

    Chinese state-owned carmaker Guangzhou Automobile Group (GAC) said it plans to intensify its push into Hong Kong's electric vehicle market by setting itself an ambitious target of 4,000 sales in the city by the end of this year. GAC Aion, the electric vehicle (EV) unit of GAC, the Chinese partner of Toyota and Honda, aims to meet this target by introducing more new-energy car models to the city's drivers later in the year, according to Coleman Cheung, general manager of Harmony Motor Aion in Hon

  • Reuters

    Mitsubishi Motors to exit from China production - Nikkei

    TOKYO (Reuters) -Mitsubishi Motors has decided to end automobile production in China, and is discussing its exit with local joint venture partner Guangzhou Automobile Group, the Nikkei newspaper reported on Wednesday, without citing sources. GAC will likely convert the plant, in Hunan province, to a production base for electric vehicles, the paper said. Mitsubishi Motors said talks about the future of its China business with the shareholders in the joint venture (JV) in the country were ongoing and that nothing had been decided about it.

  • Reuters

    Mitsubishi's China JV to cut staff costs after SUV sales dive

    Mitsubishi Motors' joint venture with China's Guangzhou Automobile Group (GAC) on Thursday said it would cut staff costs to try to revive its fortunes after sharp sales declines for sport utility vehicles (SUV) such as the Outlander. State-owned automaker GAC said in a statement the venture would look to "optimise" its employment as part of an effort to rescue and transform the venture. GAC did not say how many employees would be affected.