Hong Kong stock market anomaly | Guangzhou Automobile Group (02238.HK) fell more than 4%. Daiwa stated that the recent positive news of the company has limited short-term substantial contribution. Currently, the valuation is still undervalued.

According to the Securities Times App, Guangzhou Automobile Group (02238.HK) fell more than 4%, after gaining over 16% in the last minutes of trading last Friday. As of the time of writing, it fell 4.35% to 3.96 Hong Kong dollars, with a trading volume of 272 million Hong Kong dollars.