China Rundong Auto Group Limited [1365.HK] Stock Forecast

China Rundong Auto Group Limited, an investment holding company, engages in the sale and service of motor vehicles in Mainland China. The company's brand portfolio includes 8 luxury brands, which comprise BMW, MINI, Jaguar, Land Rover, Audi, Lexus, Cadillac, and Chrysler; 2 ultra-luxury brands, such as Maserati and Ferrari; and 15 mid and high end brands consisting of Buick, Hyundai, Ford, Chevrolet, Shanghai-Volkswagen, Kia, Dongfeng Honda, Guangqi Honda, FAW-Toyota, GAC Toyota, Toyota, Dongfeng Nissan, Zhengzhou Nissan, FAW-Volkswagen, and BAIC New Energy. It also provides after-sale services; and sells spare parts and accessories. In addition, the company engages in the brokerage of automobile insurance; and provision of automobile financing and leasing services. As of December 31, 2019, it operated 38 stores. The company was formerly known as China Greenland Rundong Auto Group Limited and changed its name to China Rundong Auto Group Limited in February 2017. China Rundong Auto Group Limited was founded in 1998 and is headquartered in Shanghai, China.