HK Stock Market Move | LEAPMOTOR (09863) opens over 8% higher, C10 and T03 officially listed in Europe.
Leading Motor (09863) opened more than 8% higher, as of the time of publication, it was up 8.2% at 26.4 Hong Kong dollars, with a turnover of 3.9336 million Hong Kong dollars.
LEAPMOTOR(09863) opened more than 8% higher, as of the time of publication, it has risen 8.2% to 26.4 Hong Kong dollars, with a turnover of 3.9336 million Hong Kong dollars.
On the news front, on September 24th, the Zero Run C10 and T03 were officially launched in Europe, with a global media test drive starting in Milan, Italy, marking the official debut of Zero Run International in Europe. Zero Run C10 and T03 are currently being sold in 13 European countries, including France, Germany, Greece, Italy, Luxembourg, Malta, the Netherlands, Portugal, Romania, Spain, Switzerland, and the United Kingdom.
Huaxi research report pointed out that the overseas market will drive Zero Run to continue to grow. Low-carbon environmental protection is still the global trend, and the current penetration rate of electrification in the European market is still relatively low; Zero Run's model lineup meets the characteristics and car purchasing needs of European market users, and even with additional tariffs, it still has strong competitiveness.
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Hon Hai's Q1 revenue increased by 29.68% compared to the same period last year. It is expected that Q2 sales will increase both sequentially and year-on-year.

EB SECURITIES: Shanghai Electric Group (02727) continues to make breakthroughs in emerging industries such as 25 years of nuclear fusion and Siasun Robot & Automation. We maintain a "buy" rating.

Guosheng Macro: Jobs in the United States show signs of improvement in March, but underlying worries remain.

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