{"id":31537,"date":"2023-07-05T05:06:51","date_gmt":"2023-07-05T09:06:51","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/chinas-feilong-auto-components-shares-jump\/"},"modified":"2023-07-05T05:06:51","modified_gmt":"2023-07-05T09:06:51","slug":"chinas-feilong-auto-components-shares-jump","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=31537","title":{"rendered":"China&#8217;s Feilong Auto Components&#8217; Shares Jump"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"MW-BT-CO-20230704-703602\" role=\"document\">\n<p>By Yifan Wang<\/p>\n<pre><\/pre>\n<p>Shares of Feilong Auto Components jumped in China, as investors welcomed the auto parts maker&#8217;s latest guidance for a sharply higher first-half profit.<\/p>\n<p>The stock surged 10%, its maximum allowed daily percentage gain, to 16.84 yuan ($2.33) in Shenzhen on Wednesday.<\/p>\n<div class=\"paywall\">\n<p>The rally came after Feilong Auto late Tuesday said it expects first-half net profit to increase fivefold to sixfold, compared with the same period a year earlier, citing &#8220;ample orders&#8221; and higher revenue from exports.<\/p>\n<p>Feilong&#8217;s gains also came amid growing hopes for a recovery in auto sales in China as many key auto makers are scheduled to launch new models later this year. The expected rebound in car sales and the rising adoption of premium auto components by car makers could boost growth and profitability for parts suppliers like Feilong.<\/p>\n<pre><\/pre>\n<p>Write to Yifan Wang at yifan.wang@wsj.com<\/p>\n<pre><\/pre>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/china-s-feilong-auto-components-shares-jump-69fed57b?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Yifan Wang Shares of Feilong Auto Components jumped in China, as investors welcomed the auto parts maker&#8217;s latest guidance for a sharply higher first-half profit. The stock surged 10%, its maximum allowed daily percentage gain, to 16.84 yuan ($2.33) in Shenzhen on Wednesday. The rally came after Feilong Auto late Tuesday said it expects [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-31537","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>China&#039;s Feilong Auto Components&#039; Shares Jump | iFintechWorld<\/title>\n<meta name=\"description\" content=\"By Yifan Wang Shares of Feilong Auto Components jumped in China, as investors welcomed the auto parts maker&#039;s latest guidance for a sharply higher\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=31537\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China&#039;s Feilong Auto Components&#039; Shares Jump | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"By Yifan Wang Shares of Feilong Auto Components jumped in China, as investors welcomed the auto parts maker&#039;s latest guidance for a sharply higher\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=31537\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-05T09:06:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/mw_logo_social.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=31537#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=31537\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"China&#8217;s Feilong Auto Components&#8217; Shares Jump\",\"datePublished\":\"2023-07-05T09:06:51+00:00\",\"dateModified\":\"2023-07-05T09:06:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=31537\"},\"wordCount\":155,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=31537#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=31537\",\"url\":\"https:\/\/ifintechworld.com\/?p=31537\",\"name\":\"China's Feilong Auto Components' Shares Jump | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-07-05T09:06:51+00:00\",\"dateModified\":\"2023-07-05T09:06:51+00:00\",\"description\":\"By Yifan Wang Shares of Feilong Auto Components jumped in China, as investors welcomed the auto parts maker's latest guidance for a sharply higher\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=31537#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=31537\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=31537#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"China&#8217;s Feilong Auto Components&#8217; Shares Jump\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"China's Feilong Auto Components' Shares Jump | iFintechWorld","description":"By Yifan Wang Shares of Feilong Auto Components jumped in China, as investors welcomed the auto parts maker's latest guidance for a sharply higher","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=31537","og_locale":"en_US","og_type":"article","og_title":"China's Feilong Auto Components' Shares Jump | iFintechWorld","og_description":"By Yifan Wang Shares of Feilong Auto Components jumped in China, as investors welcomed the auto parts maker's latest guidance for a sharply higher","og_url":"https:\/\/ifintechworld.com\/?p=31537","og_site_name":"iFintechWorld","article_published_time":"2023-07-05T09:06:51+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/mw_logo_social.png","type":"image\/png"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=31537#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=31537"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"China&#8217;s Feilong Auto Components&#8217; Shares Jump","datePublished":"2023-07-05T09:06:51+00:00","dateModified":"2023-07-05T09:06:51+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=31537"},"wordCount":155,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Investing"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=31537#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=31537","url":"https:\/\/ifintechworld.com\/?p=31537","name":"China's Feilong Auto Components' Shares Jump | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-07-05T09:06:51+00:00","dateModified":"2023-07-05T09:06:51+00:00","description":"By Yifan Wang Shares of Feilong Auto Components jumped in China, as investors welcomed the auto parts maker's latest guidance for a sharply higher","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=31537#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=31537"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=31537#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"China&#8217;s Feilong Auto Components&#8217; Shares Jump"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/31537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31537"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/31537\/revisions"}],"predecessor-version":[{"id":31538,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/31537\/revisions\/31538"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/1898"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}