On 26 October shares of New Gonow (00805.HK) rose more than 5% during trading. By 14:30 the gain was 5.36%, with the price at HK$14.75 per share and turnover of HK$70.24 million. On 18 September the General Office of the State Council forwarded measures from ten departments, including the Ministry of Culture and Tourism, to stimulate motorhome consumption. The measures cover seven areas: improving supply quality, simplifying registration and scrappage, ensuring road access and parking, developing campsites, improving rental services and increasing financial support. The company owns the SNOWY RIVER, REGENT and NEWGEN brands and held a 7.8% share of the Australian and New Zealand markets in 2023, ranking second.
