Sou Hu Cai Jing·2025-11-20 19:25Core Viewpoint - Southbound funds have significantly increased their holdings in GAC Group, indicating strong investor interest and confidence in the company [1][2]. Group 1: Southbound Fund Activity - On November 20, southbound funds increased their holdings by 4.702 million shares of GAC Group (02238.HK) [1]. - Over the past five trading days, there were four days of net increases, totaling 8.906 million shares [1]. - In the last 20 trading days, there were 15 days of net increases, amounting to 54.2024 million shares [1]. - As of now, southbound funds hold 1.691 billion shares of GAC Group, representing 60.11% of the company's total issued ordinary shares [1]. Group 2: Company Overview - GAC Group is primarily engaged in the automotive and related businesses, including research and development, manufacturing of vehicles (cars and motorcycles), parts, trade, mobility, energy and ecology, internationalization, and financial investments [2]. - The company operates through two segments: the automotive and related trade segment, which includes the production and sale of various passenger and commercial vehicles, automotive parts, and related trade [2]. - The other segment mainly involves the production and sale of motorcycles, automotive financial insurance, other financial services, and investment activities [2].