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Auto stocks weakened further in the afternoon, with Xpeng Motors (09868) falling 8%. The market is concerned that BYD and Xiaomi's large-scale placement of shares may trigger a wave of share placements among car companies.
Jingwu Finance | Auto stocks weakened further in the afternoon, with XPeng Motors (09868) down 8% at HKD 79.35; Great Wall Motor (02333) down 7.62% at HKD 14.54; Xiaomi Group (01810) down 5.79% at HKD 53.7; Li Auto (02015) down 4.56% at HKD 100.4; Geely Auto (00175) down 5.55% at HKD 16.68; LEAPMOTOR (09863) down 4.74% at HKD 48.25. Following BYD's (01211) capital raise of HKD 43.5 billion, small
Hong Kong stocks have been moving unusually | Autos stocks fell generally in the morning as Trump stated that auto tariffs will be introduced soon, and the trend of divergence in the auto market has recently intensified.
In the morning session, automobile stocks fell broadly. As of the time of writing, Great Wall Motor (02333) dropped 5.72%, priced at 14.84 HKD; Xpeng Motors-W (09868) fell 4.75%, priced at 82.15 HKD; Li Auto-W (02015) decreased by 3.42%, priced at 101.6 HKD; Guangzhou Automobile Group (02238) declined by 1.87%, priced at 3.15 HKD.
The Shanghai Auto Show will be held in April, the Bullish automotive consumption policies continue, and these Concept stocks frequently receive research.
The 21st Shanghai International Autos Industry Exhibition (2025 Shanghai Auto Show) will be held from April 23 to May 2.
Western Securities: The growth of the million-level incremental market for new energy off-road SUVs is promising. Recommended Great Wall Motor (601633.SH) and others.
Western Securities recommends Great Wall Motor (601633.SH, 02333), BYD (002594.SZ, 01211), and suggests paying attention to Chery Automobile (810711.BJ).
CPCA Expects China Mar NEV Retail Sales to Rebound to 1 Million Units
Great Wall Motor (02333.HK) will release its Earnings Reports on March 28.
$Great Wall Motor (02333.HK)$ will release its Earnings Reports on March 28, and investors are advised to pay attention. Futubull reminds: 1. There are no strict regulations regarding the fiscal year for companies listed on the Hong Kong and US stock markets; it is entirely decided by the enterprises themselves, so each earnings report period can serve as the end date for the company's annual report, rather than relying on the natural calendar year. 2. Generally, the company will hold an earnings report meeting on the above-mentioned reporting date or around that date, where the company's management will discuss the latest quarterly earnings data and operational situation, and communicate with investors, Analysts, and media.
