Futu news on November 11th, today, $ZHONGSHENG HLDG (00881.HK)$ soaring again, currently up nearly 20%, with a trading volume of 0.32 billion Hong Kong dollars. It is worth noting that it has surged over 50% in the past two trading days.

On the news front, a blogger recently posted on weibo that zhongsheng group is fully embracing the new energy fund by securing authorization for 50 (some say 48) Huawei Smart Selection Cars. It is reported that zhongsheng's current brand portfolio covers luxury brands such as Mercedes-Benz, Lexus, BMW, Audi, as well as Toyota and other mid-to-high-end brands, all holding leading positions in their respective core brand segments. In the first half of this year, the company's new car sales revenue was 60.812 billion yuan, a 5.8% decrease year-on-year, mainly due to a drop in average new car selling prices during the period.

Editor/Rocky