$GAC GROUP (02238.HK)$Hong Kong stocks rose nearly 20% at one point, as of the time of publication, they have risen by 18.79%, to 3.54 Hong Kong dollars, with a turnover of 0.171 billion Hong Kong dollars.

On the news front, recently, Guangzhou Automobile Group officially announced a deepening cooperation agreement with Huawei. Apart from Trumpchi, Aion, and Acura, Guangzhou Automobile Group will create a brand new high-end intelligent new energy autos brand. Guangzhou Automobile Group will use the new brand as a carrier, leverage their respective strengths with Huawei, and cooperate in areas such as product development, marketing, and ecosystem services to bring users a leading intelligent experience.

In addition, Guangqi Aion released global sales data for November 2024, selling a total of 42,301 units, achieving positive year-on-year and month-on-month growth. Among them, the newly launched Aion RT model sold over 11,811 units in its first month, demonstrating the market's high recognition of this new model. At the same time, Haoboo brand sold 3,161 units in November, achieving growth for five consecutive months.

Editor/Rocky