{"id":46975,"date":"2025-02-10T03:58:37","date_gmt":"2025-02-10T03:58:37","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/chinas-dongfeng-motors-shares-rocket-85-today-heres-why\/"},"modified":"2025-02-10T03:58:37","modified_gmt":"2025-02-10T03:58:37","slug":"chinas-dongfeng-motors-shares-rocket-85-today-heres-why","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/chinas-dongfeng-motors-shares-rocket-85-today-heres-why\/","title":{"rendered":"China\u2019s Dongfeng Motor\u2019s shares rocket 85% today: here\u2019s why"},"content":{"rendered":"

(Originally posted on : Invezz )<\/b>
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Shares of Dongfeng Motor soared by as much as 85.8% on Monday following the announcement of a potential change in the company\u2019s controlling shareholder structure. <\/p>\n

The stock jumped to HK$6 shortly after the market opened.<\/p>\n

Shares of the automaker have remained under pressure over the past few months.<\/p>\n

Before the surge today, the Dongfeng stock was down around 13% since the start of the year. In comparison, the Hang Seng index has climbed up around 9% on a year-to-date basis.<\/p>\n

At the time of writing, the stock has shed most of its initial gain to trade around 21% higher at HK$3.95.<\/p>\n

The automaker disclosed on Sunday that its parent company, Dongfeng Motor Corporation, is planning a restructuring with another central state-owned enterprise. <\/p>\n

While this restructuring could alter the controlling shareholder structure, Dongfeng emphasized that it would “not result in a change to the actual controller.”<\/p>\n

Speculation of Dongfeng-Changan merger grows<\/h2>\n

Similarly, Changan Auto released a statement on Sunday regarding a restructuring plan involving its parent company, fueling speculation on Chinese social media about a potential merger between Changan and Dongfeng. <\/p>\n

Both companies are owned by the Chinese government.<\/p>\n

Shares of Changan Auto climbed 5.6% in Shenzhen on the back of this announcement. <\/p>\n

If the speculation holds true, a merger could create a stronger entity in China\u2019s increasingly competitive automotive market.<\/p>\n

China has been urging its state-owned automakers to reduce reliance on foreign joint ventures and focus on independent innovation, particularly in the new energy vehicle (NEV) segment.<\/p>\n

China\u2019s legacy automakers are facing increasing pressure as they contend with fierce competition from the country\u2019s rapidly growing electric vehicle and hybrid manufacturers. <\/p>\n

These emerging players are gaining traction with innovative technologies, competitive pricing, and a strong focus on sustainable mobility, reshaping the landscape of the automotive industry in China.<\/p>\n

Foreign automakers, especially Japanese brands, have also been losing market share in China over the past three years due to a lack of competitive electric vehicle offerings.<\/p>\n

BYD, a private Chinese automaker, has emerged as a leader in the global automotive market. In 2024, BYD became the fifth-largest automaker globally, surpassing General Motors, Honda, and Ford in annual sales volumes.<\/p>\n

Dongfeng\u2019s position in the EV Race<\/h2>\n

Dongfeng, which partners with Nissan and Honda in China, sold 1.54 million passenger vehicles in 2024, marking an 11.5% decline compared to 2023. <\/p>\n

Despite the downturn, the company is ramping up its efforts in the NEV market.<\/p>\n

Last month, Dongfeng Motor Corporation signed a partnership with Huawei to develop mid-range and high-end smart electric vehicles. <\/p>\n

The collaboration includes joint development of advanced EVs under Dongfeng\u2019s Voyah brand, which integrates Huawei\u2019s cutting-edge driving solutions. <\/p>\n

The two companies aim to enhance the Yipai brand and redefine the smart travel experience.<\/p>\n<\/p>\n

The post China’s Dongfeng Motor’s shares rocket 85% today: here’s why<\/a> appeared first on Invezz<\/a><\/p>\n

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(Originally posted on : Invezz ) Shares of Dongfeng Motor soared by as much as 85.8% on Monday following the announcement of a potential change in the company\u2019s controlling shareholder structure. The stock jumped to HK$6 shortly after the market opened. Shares of the automaker have remained under pressure over the past few months. Before […]<\/p>\n","protected":false},"author":3947362387,"featured_media":46976,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[39],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/46975"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362387"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=46975"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/46975\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/46976"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=46975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=46975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=46975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}