China AutoMakers Show Increase in Unit Sales

Geely Greatwall

Geely Filing

Greatwall Filing

Chinese automakers Geely, HK 175, and Greatwall, hk 2333, filings showed ytd increases of unit sales at 4% and 4.65%, respectively.  For April alone, increases diverged with Geely showing a higher increase year on year.  Both declined more than the Hang Seng;’s overall daily drop of .37% .  Exports for the month of April plunged for both, Geely dropping by 56% while Greatwall declined by 17%.  Only Greatwall reported ytd. export volume for April : a 27% decline.

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