GAC plans FAW Toyota stake deal. GAC stock sits 45.89 percent below its high

Published on 10/07/2026 at 05:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deal covers 50.00 percent of FAW Toyota; FAW ranks second at GAC. GAC stock costs HKD 2.37 on October 7, 2026, below its HKD 4.38 high.

GAC, CNE100000Q35, Illustration mit AI erstellt.

GAC (ISIN CNE100000Q35) was trading at HKD 2.37 on Hong Kong Stock Exchange on October 7, 2026, which is 45.89 percent below its HKD 4.38 52-week high recorded in the latest quoted range. As Investing.com reported on September 29, 2026, GAC plans to acquire a 50.00 percent stake in FAW Toyota from FAW Group, with FAW expected to become GAC's second-largest shareholder.

FAW Toyota deal changes the equation

The proposed transaction would give GAC a 50.00 percent ownership interest in FAW Toyota alongside Toyota Motor Corporation. The purchase is planned through the issuance of new A-shares and matching funds, while the final transaction value remains subject to audit and valuation work.

NewTimeSpace reported on September 15, 2026, that the arrangement remained at the planning stage and required internal and regulatory approvals. That qualification matters because the strategic upside is linked to a transaction that has not yet reached a formal binding agreement.

Revenue grows while losses widen

GAC's first-half 2026 sales revenue reached CNY 46.50 billion, up 9.13 percent from the prior-year period, according to Moomoo. The same report showed a net loss attributable to parent-company shareholders of CNY 4.47 billion, with the loss widening 75.98 percent year over year.

The operating mix is shifting toward electric vehicles. GAC sold 773,100 vehicles in the first half of 2026, up 2.35 percent, while new-energy vehicle sales rose 68.80 percent to 260,200 units. That contrast gives the FAW Toyota plan a clear strategic test: it must strengthen earnings without weakening the group's electric-vehicle expansion.

Stock remains below its yearly high

On October 7, 2026, GAC's HKD 2.37 Hong Kong quote stood below the HKD 4.38 52-week high and above the HKD 2.02 low. Investing.com listed 13 analyst ratings, including four Buy, six Hold and three Sell ratings, with an average 12-month target of HKD 2.68. The next earnings date listed by the same page is October 31, 2026.

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