HSI Decrements 9 pts; EVs Rally

Hong Kong stock market is trading at narrow range in the morning, as $Hang Seng Index (800000.HK)$ opened 26 points higher. HSI rose 119 points to 19,641 in the early part of the day, then fell 60 points to a low of 19,460, closing the half-day by losing 9 points or 0.05% to 19,511. $Hang Seng China Enterprises Index (800100.HK)$ incremented 7 points or 0.12% to 6,626. $Hang Seng TECH Index (800700.HK)$ rose 63 points or 1.58% to 4,101. The market's half-day turnover totaled $50.915 billion.

$LI AUTO-W (02015.HK)$ reached a new record high of 8,400 units sold last week, and its share price spiked 8.2% at the half-day today, driving up other car stocks.

The shares of $NIO-SW (09866.HK)$ and $XPENG-W (09868.HK)$ rallied 6.8% and 7.3% respectively.

$GWMOTOR (02333.HK)$ lifted 3.3% and $BYD COMPANY (01211.HK)$ inclined 0.7%.

$CALB (03931.HK)$ hiked 5%.