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home / news releases / CANG - Recovery Signals Surface But In Short Supply For Cango Stuck In Global Auto Storm

CANG - Recovery Signals Surface But In Short Supply For Cango Stuck In Global Auto Storm

Cango Inc. American Depositary Shares each representing two Class A
  • Cango reported its revenue fell in the third quarter from the second, but forecast the figure would return to sequential growth in the fourth quarter.
  • Company looks undervalued compared with domestic peers as it diversifies beyond its older car finance business into auto trading.
  • Cango is one of a number of online-focused companies chasing consumers in China’s vast but also competitive car market.

For further details see:

Recovery Signals Surface, But In Short Supply, For Cango Stuck In Global Auto Storm
Stock Information
Company Name: Cango Inc. American Depositary Shares each representing two Class A
Stock Symbol: CANG
Market: NYSE
Website: cangoonline.com
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