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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
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.
Hong Kong stocks change | LEAPMOTOR (09863) rises over 5% as it achieved positive Net income in the last quarter of last year. Institutions are Bullish on the rapid volume increase of the B10 Lidar model.
LEAPMOTOR (09863) rose over 5%, as of the time of writing, it increased by 5.27%, priced at 50.9 Hong Kong dollars, with a transaction volume of 0.444 billion Hong Kong dollars.
CPCA Expects China Mar NEV Retail Sales to Rebound to 1 Million Units
Market Chatter: Stellantis, Leapmotor Eye Spain for B10 EV Production
Hong Kong stocks are moving differently | Autos stocks fell sharply in the morning, with the combination of intelligent driving equity and price wars further intensifying the trend of market differentiation.
Auto stocks fell sharply in the early session. As of the time of writing, Peking Automotive (01958) dropped 12.4% to 2.26 Hong Kong dollars; Guangzhou Automobile Group (02238) fell 4.48% to 3.2 Hong Kong dollars; Xiaopeng Motors-W (09868) decreased by 4.22% to 85.15 Hong Kong dollars; Great Wall Motor (02333) declined by 4.06% to 15.6 Hong Kong dollars; Ideal Automotive-W (02015) dropped 3.1% to 103 Hong Kong dollars.
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bullrider_21 OP : The B10 is the first in the EV industry to feature LiDAR in a product priced as low as RMB 130,000 (USD18,000), resulting in more powerful and intelligent driving capabilities.
jhays : nice 15k cheap
bullrider_21 OP jhays : Cheap. Yet with LIDAR. Musk has no excuse to not use LIDAR now that it has dropped to affordable level.