Multiple Auto Stocks Plummet to Multi-Year Lows
14 hour ago / Read about 0 minute
Author:小编   

On June 11, auto stocks listed on both A-share and Hong Kong markets witnessed a broad decline. The share price of GAC Group finished the trading day down by 0.86%, closing at RMB 5.75, which marked a new low since May 2015. SAIC Motor's share price also dropped, ending the day 1.98% lower at RMB 10.87, hitting a level not seen since June 2016. Meanwhile, as of 3 p.m. on the same day, BAIC Motor's shares had tumbled 2.91% to HK$1, setting a new record low since its listing in December 2014.