Dongzheng Auto Finance (东正汽车金融) Pre-IPO Review - Dependent on Dealership Network for Growth
Dongzheng Automotive Finance (2718 HK) is looking to raise approximately US$300 - 500m in its upcoming IPO. DAF is a fast growing auto finance...
659 Views
China Meidong (1268 HK): Standout Story in Gloomy Auto Dealership Sector; Luxury Brands Outperform
China Meidong Auto (1268 HK) has been on a rollercoaster ride in 2018. The stock price of Meidong started 2018 around 2.7 HKD and recently has been...
815 Views
Meidong (1268 HK): 1H18 Results On Track; Buying 6 New Dealerships at a Bargain Fuels 2019 Growth
China Meidong Auto (1268 HK) reported good 1H18 results and provided a decent outlook. Mr. Market had gotten so negative before the results the...
532 Views
BMW Brilliance Dealership Survey: 20% Discount for 5 Series, Escalating Inventory
Per our dealership survey, we hear increasingly aggressive price discounts on the BMW 5 Series from 10-15% in Q1 to 15-20% in May - June. Current...
483 Views
Meidong: +115% Since My Initial Insight, Fair Value @ 4.4 HKD Means Another 35% Upside to Be Had
Eleven months ago Mr. Market was depressed about the prospects of Chinese car distributor China Meidong Auto Holdings (1268 HK). When I published...
349 Views