Guangzhou Automobile Group (02238) has risen over 3% again, as of the time of writing, it is up 1.78%, priced at 3.44 Hong Kong dollars, with a turnover of 42.4257 million Hong Kong dollars.
According to Zhitong Finance APP, Guangzhou Automobile Group (02238) has risen over 3% again, as of the time of writing, it is up 1.78%, priced at 3.44 Hong Kong dollars, with a turnover of 42.4257 million Hong Kong dollars.
Recently, Guangzhou Automobile Group's subsidiary, Guangzhou International, showcased five star models at the "Guatemala Autoferia Cofino 2024" auto show, including the Ying Su, Ying Ku, the all-new second-generation GS8, GS4 MAX, and M6 Pro, marking the company's further expansion in the Latin American market. The participation of Guangzhou International provides a new travel experience for Guatemalan consumers and helps the company achieve breakthroughs in local market segments.
Canalys senior analyst Liu Zeyuan stated that the gradual implementation of Dongfeng, Guangzhou Automobile, and other manufacturers' new global expansion strategies has further driven the export growth of the Chinese market. In 2024, it is expected that the export volume of the two brands will increase fourfold and twofold respectively, accounting for 10% of the export volume of Chinese automotive brands.