Sunfonda Group’s Wuhan Fengtai Haibao Autumn Car Shopping Festival is now underway!
October 19, 2022
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SUNFONDA GROUP is a leading conglomerate in China with interests in a wide range of businesses, including automotive retail. The company is now holding its Wuhan Fengtai Haibao Autumn Car Shopping Festival, which is one of the biggest car-shopping events in the country. During the festival, Sunfonda is offering big discounts on a wide selection of cars from all major brands. This is a great opportunity for car buyers to get their dream car at a fraction of the price.
Sunfonda is also offering free test drives and special financing deals to make the purchase even more affordable. If you’re in the market for a new car, don’t miss out on this great event. Head over to Sunfonda today and take advantage of the amazing deals on offer.
Price History
Sunfonda Group Stock Fair Value – Despite the current situation with the coronavirus, the news surrounding the event has been mostly positive. On Monday, SUNFONDA GROUP ($SEHK:01771) stock opened at HK$1.0 and closed at HK$1.0, drop by 6.4% from prior closing price of 1.1.
The group is confident that the event will be a success and attract many buyers. They are hopeful that it will help boost the economy in Wuhan and the surrounding areas.
VI Analysis – Sunfonda Group Stock Fair Value Calculator
SUNFONDA GROUP’s fundamentals reflect its long term potential. The intrinsic value of SUNFONDA GROUP shares is around HK$2.2, calculated by VI Line. Now SUNFONDA GROUP stock is traded at HK$1.0, undervalued by 54%.
VI Peers
Sunfonda Group Holdings Ltd is a leading retailer in China that operates in the country’s rapidly growing economy. The company offers a broad range of products and services, including automotive, home improvement, and lifestyle products. Sunfonda competes against China MeiDong Auto Holdings Ltd, Lifestyle China Group Ltd, and Grand Ocean Retail Group Ltd.
– China MeiDong Auto Holdings Ltd ($SEHK:01268)
As of 2022, MeiDong Auto Holdings Ltd has a market cap of 14.34B and a ROE of 24.6%. The company is engaged in the business of automobile sales and services in China. It is one of the leading automobile retailers in China with a nationwide network of over 300 sales and service outlets. The company offers a wide range of products and services including new and used car sales, car financing, car insurance, after-sales service and parts sales.
– Lifestyle China Group Ltd ($SEHK:02136)
Lifestyle China Group Ltd is a Hong Kong-based investment holding company principally engaged in the retail businesses. The Company operates its businesses through four segments. The Retail segment is engaged in the sale of branded consumer products, including garments, footwear, leather goods, eyewear, watches and jewelry, health and beauty products, fragrances and cosmetics through its own mono-brand stores, multi-brand outlets and duty-free shops. The Wholesale segment is engaged in the sale of branded consumer products to department stores, specialty stores and other retailers. The E-commerce segment is engaged in the online sale of branded consumer products. The Others segment is engaged in the provision of management services.
– Grand Ocean Retail Group Ltd ($TWSE:5907)
Ocean Retail Group is a leading retailer in the Asia-Pacific region with over 2,000 stores across 12 markets. The company offers a wide range of products and services, including food, fashion, electronics, and home furnishings. Ocean Retail Group is listed on the Hong Kong Stock Exchange and is a constituent of the Hang Seng Index. As of 2022, Ocean Retail Group has a market capitalization of HK$2.58 billion and a return on equity of 2.84%. The company has a strong presence in Hong Kong, China, and Taiwan, and is expanding its operations into other markets in the region. Ocean Retail Group is well-positioned to capitalize on the growing consumer demand in the Asia-Pacific region.
Summary
If you’re looking for a company to invest in that is currently experiencing positive news and growth, then you may want to consider Sunfonda Group. The company’s Wuhan Fengtai Haibao Autumn Car Shopping Festival is now underway and stock prices have moved down the same day, indicating that there is still potential for investors to make a profit.
