Autohome: Staying Bullish On Enticing Shareholder Yield And Regulatory Tailwinds
AUTOHOME(ATHM) Seeking Alpha·2024-09-05 16:25
IakovKalinin/iStock via Getty Images My Buy investment rating for Autohome Inc.'s (NYSE:ATHM) (2518:HK) shares remains intact. ATHM's potential low-teens percentage shareholder yield is very attractive, and the company's Q3 2024 results might be a positive surprise considering regulatory tailwinds. These factors support my decision to maintain a Buy rating for ATHM. I write about Autohome's new share buyback program and the latest update on vehicle subsidies for Mainland China in the current article. The pr ...