Automotive Sector To Remain Robust In 2025 Supported By EV Incentives

Business TodayDec 19 23:59 ET

Hong Kong stocks active | LEAPMOTOR (09863) rises over 4% again, company has completed its annual sales target ahead of schedule, launching the B series model globally in 2025.

LEAPMOTOR (09863) rose more than 4% again, as of the time of writing, it rose 3.55%, priced at 32.1 Hong Kong dollars, with a transaction volume of 77.141 million Hong Kong dollars.

Zhitong FinanceDec 19 22:34 ET

Hong Kong stocks movement | Electric Vehicle stocks are rising. The year-end peak season, combined with the trade-in policy, continues to boost the industry's high prosperity trend.

The stocks of Electric Vehicles are rising. As of the time of writing, NIO-SW (09866) is up 5.48%, quoted at 36.55 Hong Kong dollars; LEAPMOTOR (09863) is up 4.19%, quoted at 32.3 Hong Kong dollars; Ideal Auto-W (02015) is up 2.91%, quoted at 93.7 Hong Kong dollars.

Zhitong FinanceDec 19 22:04 ET

Financial Associated Press Autos Morning News [December 20th]

① The Passenger Vehicle retail market is expected to be around 2.7 million units in December, an increase of 14.8% year-on-year and a growth of 11.4% compared to the previous month; ② Reporters learned from several informed sources that Chongqing Sokon Industry Group Stock may go for a secondary listing in Hong Kong and will hire China Securities Co., Ltd. and China International Capital Corporation as its listing sponsorship team.

cls.cnDec 19 19:49 ET

Hong Kong stocks movement | Autos shares rose across the board. The effects of the November auto trade-in policy continue to manifest, and Institutions say that this policy is expected to continue next year.

The auto stocks rose across the board. As of the time of writing, NIO-SW (09866) increased by 3.9%, trading at 3.64 HKD; Li Auto-W (02015) rose by 2.7%, trading at 87.55 HKD; LEAPMOTOR (09863) increased by 2.78%, trading at 29.6 HKD; Xpeng Motors-W (09868) rose by 3.01%, trading at 49.6 HKD.

Zhitong FinanceDec 17 20:42 ET

In November, China sold a total of 6,337 large and medium-sized new energy buses over 7 meters, an increase of more than 80% year-on-year.

Statistics show that in November 2024, there were a total of 6,337 large and medium-sized new energy buses over 7 meters sold in the country, an increase of 9.71% compared to the previous month (5,776 units) and an increase of 80.44% compared to the same month last year (3,512 units).

Zhitong FinanceDec 17 18:06 ET