Great Wall Motor (02333) shares soared 6.21% in intraday trading on Thursday, reflecting strong investor confidence in the company's recent product launches and sales performance.
The surge in stock price comes on the heels of impressive order numbers for Great Wall Motor's newly launched models. The Haval Dragon 2026 PHEV, officially launched on August 19, received a staggering 21,856 orders within its first 24 hours. This follows the successful pre-sale of the new Tank 500 Smart Edition, which garnered over 11,000 pre-orders in its initial 24 hours and an additional 1,932 orders during its first weekend.
Analysts at Shenwan Hongyuan Securities remain optimistic about Great Wall Motor's fundamental strategy, particularly its focus on scaling up high-profit brands like WEY and Tank. The company's Hong Kong stock currently trades at a low PE ratio, which the securities firm views as offering high cost-effectiveness and sustained recommendation value in both short and medium terms. With the continuous introduction of new platform models and the potential for WEY's monthly sales to approach 20,000 units, Great Wall Motor appears well-positioned for further growth and improved profit elasticity.