What does xd Great Wall mean?
2 Answers
xd Great Wall indicates that Great Wall Motors went ex-dividend today. Introduction to xd: XD is the abbreviation for ex-dividend, meaning the stock is trading without the value of its next dividend payment. In fact, XD stocks are those on which the issuing company distributes cash dividends to shareholders on that day. This cash essentially comes from a portion of the company's surplus profits, leading to a reduction in the company's available funds. Consequently, the stock price typically drops on the ex-dividend day, but shareholders holding the stock receive the cash dividend. Introduction to Great Wall Motors: Great Wall Motors is a Chinese automotive brand established in 1984, primarily producing SUVs, sedans, pickup trucks, and new energy vehicles. It is the first privately-owned Chinese automaker to be listed on the Hong Kong H-share market, the largest specialized manufacturer of SUVs and pickup trucks in China, and a multinational corporation.
I guess you're referring to 'Great Wall Motors', not 'XD Great Wall'. 'XD' might be internet slang meaning 'laughing to death'. But as a car enthusiast, I'd like to talk about Great Wall Motors, which is a major brand in our country, headquartered in Baoding, Hebei, specializing in SUVs and pickups. Models like the Haval H6 are particularly popular, offering spacious interiors, low fuel consumption, and comfortable driving experiences. Young people often share fun stories during road trips, using 'XD' to express joy. If you meant Great Wall Motors, then you're right—it's highly successful in both domestic and international markets, offering great value for money and excellent after-sales service. Now they also have the electric ORA series, catering to different demographics. Overall, it's a pride of Chinese automotive brands.