Autohome-S (02518) rose more than 5%, the stock has been continuously climbing within the month, with a cumulative increase of nearly 30%. As of the time of publication, it rose by 5.24%, to HK$64.25, with a turnover of 1.4432 million Hong Kong dollars.
According to the Wise Finance APP, Autohome-S (02518) rose more than 5%, the stock has been continuously climbing within the month, with a cumulative increase of nearly 30%. As of the time of publication, it rose by 5.24%, to HK$64.25, with a turnover of 1.4432 million Hong Kong dollars.
On the news front, earlier this month, Autohome announced that the board of directors has approved a new share repurchase plan (new share repurchase plan), effective from September 4, 2024. Under the new share repurchase plan, the company can repurchase shares worth up to $0.2 billion USD (including American Depositary Shares) in the next 12 months.
In the second quarter of this year, the company achieved a total revenue of 1.87 billion yuan, a year-on-year growth of 2.2%. Online marketing and other business income continued to maintain a double-digit year-on-year growth rate, accounting for 33.1% of the revenue. Autohome's adjusted net income attributable reached 0.572 billion yuan, with an adjusted net income rate of 30.6%.