Movement Alert|Chery Automobile Rises 3.46% in Regular Trading, Strong Annual Results and Dividend Catalyst Drive Outperformance

Market Focus
05/20

On May 20, Chery Automobile rose 3.46% in regular trading, trading at HKD 28.1/share, with trading volume of HKD 89.35 million, bucking a broader selloff across the auto sector.

On the news front, the company recently disclosed its annual results showing revenue of RMB 300.287 billion, up 11.3% year-over-year, and net profit attributable to shareholders of RMB 19.507 billion, up 36.1%, with net margin improving to 6.5%. Full-year vehicle sales reached a record 2.631 million units, with NEV sales of 827,000 units and exports of 1.294 million units, up 33.2%. Additionally, the company announced a dividend with an ex-date of May 26 and payment date of June 26, providing near-term catalyst support.

Within the Automobile Manufacturers sector, major peers declined broadly. Among individual stocks, BYD Company down 3.19%, Geely Auto down 1.34%, Li Auto down 1.13%, XPeng down 0.68%, NIO down 2.78%, highlighting Chery's notable outperformance driven by fundamental strength.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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