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Huawei continues to "create gods": anhui jianghuai automobile group corp.,ltd. market cap surged more than 60% in one month. Is the next chongqing sokon industry group stock on the horizon?
On October 31, Anhui Jianghuai Automobile Group Corp.,Ltd.'s stock soared by the daily limit to 40.95 yuan. Within the 19 trading days since hitting the daily limit on September 30 this year, Anhui Jianghuai Automobile Group Corp.,Ltd.'s stock price has accumulated an increase of over 63%, with a total market value approaching 90 billion, reaching a historical high.
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sieyuan electric's net profit in the first three quarters increased by about 30%, with overseas orders potentially becoming a major boost. | Interpretations
sieyuan electric achieved a year-on-year double increase in Q3 revenue and net profit, with growth rates of 29.39% and 34.95% respectively. This year, the company's order target is 20.6 billion yuan. When the company accepted the institutions' survey in September, it stated that the contribution of overseas business to the company's total business volume is expected to continue to increase.
Analysts who correctly predicted a sharp rise at the end of September: there is still room for growth in the Chinese stock market.
Bank of America strategist Lars Naeckter said that considering China's continued policy efforts and investors' willingness to re-enter the market, the market may still rebound further.
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