Autos Rise

Car stocks $GEELY AUTO (00175.HK)$ and $BYD COMPANY (01211.HK)$ opened inclining over 1%, $LI AUTO-W (02015.HK)$ and $XPENG-W (09868.HK)$ opened hiking 4.4% and 5.4%, and $NIO-SW (09866.HK)$ opened escalating 2.3%. $GWMOTOR (02333.HK)$ expected its 1H24 net profit to soar 3.7x to 4.3x YoY, and its shares opened 4.1% higher at $13.2.