GWMOTOR Shares Surge Over 4% on Strong March Sales Data

Stock News
Apr 10

GWMOTOR (02333) saw its shares rise more than 4% in afternoon trading. As of the time of writing, the stock was up 4.1%, trading at HKD 13.69 with a turnover of HKD 342 million. The movement follows the company's release of its latest sales figures. In March 2026, GWMOTOR sold 106,198 new vehicles, representing a year-on-year increase of 8.38%. Cumulative sales for the first quarter reached 269,104 units, up 4.79% compared to the same period last year. Notably, overseas sales in March amounted to 47,142 vehicles, accounting for approximately 44.4% of its total sales volume. Overseas sales for the January to March period totaled 130,100 units. Analysis suggests that GWMOTOR is accelerating its global expansion and is firmly committed to its new energy transition. The ongoing new product cycle is expected to drive improvements in both sales volume and financial performance. In the long term, the company's four major growth strategies are seen as unlocking sustained sales growth, while its shift towards intelligent technology is anticipated to create profitability opportunities across the entire industrial chain.

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