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Last Update as at 09 Mar 14:17 (HKT)<Research Report>BofAS: GREATWALL MOTOR (02333.HK) Feb Sales Soars Nearly 7.9x YoY; Restated Buy

GREATWALL MOTOR (02333.HK)'s sales bulged 788% YoY to 89,000 units in February, and ballooned 153% YoY for the first two months of 2021. BofA Securities attributed this to a low base in 2020 and demand revival.

The H-share of GREATWALL MOTOR was kept at Buy, with a target of $20.4.
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