CGS keeps Buy rating for Great Wall stock at HKD 10.00 target

Published on 10/13/2026 at 10:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CGS International set a HKD 10.00 target with Buy on October 8, 2026. Great Wall stock was EUR 0.81 on October 13, 2026.

Key points in brief

CGS International maintained a Buy rating and set a HKD 10.00 target for Great Wall Motor on October 8, 2026.
September sales fell 13.99 percent year over year to 114,944 vehicles, while overseas sales reached 60,019 units.
Great Wall stock was EUR 0.81 at Lang & Schwarz on October 13, 2026, and market capitalization stood at HKD 100.0 billion.

Great Wall, CNE100000338, Illustration mit AI erstellt.

Great Wall Motor (CNE100000338) had its Buy rating maintained by CGS International on October 8, 2026, with a HKD 10.00 price target, according to Markets Insider. Great Wall stock was EUR 0.81 at Lang & Schwarz on October 13, 2026 at 10:39 a.m. CEST.

September sales weaken

Great Wall Motor sold 114,944 vehicles in September 2026, down 13.99 percent from 133,639 a year earlier. The figures came from the company sales report summarized by FilingReader on October 7, 2026.

Year-to-date sales reached 920,302 vehicles through September 2026, down 0.33 percent year over year. Production moved in the opposite direction, reaching 975,327 vehicles for the period, up 6.04 percent.

Overseas demand offsets China

Overseas sales reached 60,019 vehicles in September 2026, taking the nine-month total to 475,977 units. New-energy vehicle sales totaled 41,982 units in September, while the year-to-date figure reached 261,967 units, according to the same September report.

The mix matters because the monthly decline was not uniform across brands. Great Wall Pickup sales rose 16.43 percent to 15,020 vehicles, and Euler sales increased 79.09 percent to 11,202 units, while Haval sales fell 18.76 percent to 66,558 vehicles.

Profit remains the key test

In the first half of 2026, operating revenue rose 10.60 percent year over year to RMB 102.101 billion, but net profit attributable to shareholders fell 61.10 percent to RMB 2.465 billion. Futu reported that channel expansion, new-model launches, price competition and delayed policy support weighed on profitability.

For investors, the contrast is clear: revenue expanded by 10.60 percent in the first half, while profit contracted by 61.10 percent. The analyst target therefore rests on a recovery in earnings and overseas expansion rather than on September volume alone.

Stock price and market value

Great Wall stock was EUR 0.81 at Lang & Schwarz on October 13, 2026 at 10:39 a.m. CEST. Its market capitalization was HKD 100.0 billion on October 13, 2026, while the Hong Kong listing traded at HKD 7.08 at 8:08 a.m. UTC, equivalent to 4:08 p.m. HKT.

The further course of trading is shown by the continuously updated real-time quote of Great Wall stock.