Year-end "sprint run": The automotive market is witnessing a resurgence of "price wars", with 70,000-level discounts becoming the norm.

①Zhi Ji Autos' latest announced purchase rights: From now until November 30th, Zhi Ji Autos' entire range of new and old car owners will share a total purchase subsidy value of 1.1 billion. ②A salesperson at a Huawei store told Caixin reporters that Hongmeng Intelligent Travel's November policies have been adjusted compared to October.

cls.cn23:43 ET

Hong Kong stock unusual movement | Great Wall Motor (02333) rises more than 4%, overseas sales in October hit a new high, institutions bullish on the company's domestic business reaching a turning point.

Great Wall Motor (02333) rose more than 4%, as of the deadline, up 4.29%, at 13.14 Hong Kong dollars, with a turnover of 0.16 billion Hong Kong dollars.

Zhitong Finance22:28 ET

"Silver October" sales exploded! Hong Kong-listed new energy auto stocks are in a frenzy, with over 40 stocks hitting the limit up.

Institutions: Focus on accelerated release of demand in the fourth quarter.

Gelonghui Finance22:25 ET

China EV Stocks Rally After Strong October Delivery Growth

BNN Bloomberg22:25 ET

Hong Kong stocks unusual | Auto stocks lead the gains, strong sales in the peak season of September and October, exceeding expectations. Auto companies are accelerating their overseas expansion pace.

Auto stocks lead the gains. As of the press time, Brilliance Chi (01114) has increased by 5.54%, to 2.86 Hong Kong dollars; Xpeng Auto-W (09868) has increased by 5.19%, to 46.6 Hong Kong dollars; BYD Company (01211) has increased by 5.04%, to 291.6 Hong Kong dollars; Great Wall Motor (02333) has increased by 4.29%, to 13.14 Hong Kong dollars; Li Auto Inc-W (02015) has increased by 4.12%, to 101.1 Hong Kong dollars.

Zhitong Finance21:41 ET

Guocert International: Rated great wall motor (02333) as "buy", with target price raised to HK$17.

Guozheng International is bullish on Great Wall Motors' high-quality global strategy, and its performance is gradually improving.

Zhitong Finance20:43 ET