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Cheese Car Butler
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Autohome (ATHM) shares surge 13% despite 55% profit slump as RMB1.5bn dividends draw attention
Autohome reported a 26% revenue decline and a 55% fall in third-quarter attributable profit, exposing continued pressure on its automotive advertising and dealer businesses. Yet its shares rallied sharply following the results, while substantial dividends, buybacks and new AI-powered retail services present investors with competing reasons for optimism and caution.