GAC stock reports 138.9 percent export growth through September 2026

Published on 10/07/2026 at 06:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GAC stock was trading at HKD 2.37 on October 7, 2026, while January to September exports rose 138.9 percent year-on-year. First-half revenue reached CNY 46.5 billion.

GAC, CNE100000Q35, Illustration mit AI erstellt.

GAC (ISIN CNE100000Q35) was trading at HKD 2.37 on the Hong Kong Stock Exchange on October 7, 2026, down 0.42 percent from HKD 2.38. The company reported 197,701 exports for January to September, making overseas expansion the clearest operating signal for GAC stock.

Exports accelerate across markets

According to PRNewswire on October 6, 2026, GAC own-brand exports reached 25,693 vehicles in September, up 160.9 percent year-on-year. The January to September total rose 138.9 percent year-on-year and reached 156.7 percent of the previous full-year total.

The export mix is broadening geographically. The release said Southeast Asian sales rose 32 percent year-on-year in September, while African sales rose 560 percent and sales across the Commonwealth of Independent States increased 176 percent.

Revenue grows while losses deepen

The first-half numbers show why export growth has not yet translated into earnings strength. Moomoo reported that GAC generated CNY 46.5 billion in revenue in the first half of 2026, up 9.13 percent from the prior-year period, while the net loss attributable to the parent widened 75.98 percent to CNY 4.467 billion.

The same interim report showed vehicle sales of 773,100 units, up 2.35 percent year-on-year, while new-energy vehicle sales increased 68.80 percent to 260,200 units. New-energy vehicles therefore represented 33.65 percent of total sales, placing product mix and overseas scale at the center of the recovery case.

Consensus target remains above price

Investing.com lists a Neutral consensus from 9 analysts, with an average 12-month price target of HKD 4.96. Against the HKD 2.37 intraday price on October 7, 2026, that target stands 109.3 percent above the share price, although the consensus figure reflects an earlier market overview.

GAC's Hong Kong-listed H shares trade under ticker 02238. Aurelian identifies the security as a Hong Kong main-board listing and places it in the automobiles industry.

GAC stock stays below yearly high

GAC stock was last at HKD 2.37 on the Hong Kong Stock Exchange at 11:59 a.m. HKT on October 7, 2026. Its 52-week range of HKD 2.02 to HKD 4.38 leaves the share 45.9 percent below the yearly high, while market capitalization stood at HKD 56.5 billion.