Autos Rise

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