Dongfeng Motor Group Co Ltd (489.HK)

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Dongfeng Motor Group Co Ltd (489.HK) Profile

Dongfeng Motor Group Co., Ltd., abbreviated DFG, is a Chinese conglomerate headquartered in Wuhan, Hubei Province. The company's stock was listed on the Hong Kong stock exchange.

Dongfeng Motor Group established a number of joint ventures with foreign automotive manufacturers, including Luxgen, Honda, Renault-Nissan, and Stellantis (which was created by the merger of Fiat Chrysler Automobiles and Groupe PSA). Additionally, it leased a number of trademarks from the parent firm.

Market Cap as at Jan 7 2022 59.882B HKD. Dongfeng Motor Group annual revenue for 2020 was $15.644B, Employees as of (estimated Dec 2021 124,270.

Dongfeng Motor Group Co Ltd (489.xhkg) Analysis: Where Evergrande NEV fell short, Dongfeng Motor Group could follow suit. After reviewing market conditions, the carmaker located in Wuhan, central Hubei province, has chosen to make a "strategic adjustment" and revise its domestic listing plan. According to another late Sunday Hong Kong exchange filing, the business has sought to offer 957.3 million yuan-denominated stocks on the Shenzhen mainboard, or 10% of its existing capital, subject to an increase to 15% based on demand.

Holding cost
Trading hours in US Eastern Time
10:00 - 18:30
10:00 - 18:30
10:00 - 18:30
10:00 - 18:30
10:00 - 18:30

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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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