STOCKS | Hong Kong Auto Stocks Decline as Major Brands Experience Losses

Hong Kong's automotive sector witnessed a downturn with several major brands experiencing significant losses. According to Jin10, Leapmotor (09863.HK) and Geely Automobile Holdings (00175.HK) both saw their shares drop by over 5%. Additionally, XPeng Inc. (09868.HK) shares fell nearly 5%, while BYD Company Limited (01211.HK) and Lantu Motors (07489.HK) experienced declines of over 3%. The market sentiment reflects broader challenges within the automotive industry in Hong Kong.