HK Stock Market Move | Car stocks significantly differentiate BYD Company Limited releases the All-People Intelligent Driving Strategy, the car market may usher in a new round of price war.

The automobile stocks show significant differentiation. As of the time of writing, Great Wall Motor (02333) fell by 4.95% to 12.3 Hong Kong dollars; XPENG-W (09868) fell by 4.21% to 64.9 Hong Kong dollars; LI AUTO-W (02015) fell by 3.69% to 101.7 Hong Kong dollars; BYD COMPANY (01211) rose by 1.39% to 334.8 Hong Kong dollars. On the news front, on February 10, BYD Company Limited held a smartization strategy launch event, announcing the "National Intelligent Driving" strategy. Under the whole vehicle intelligence strategy, BYD Company Limited's Tianzhi Zhiyan C first listed 21 models, covering the 70,000 to 200,000 price range. Zheshang pointed out that the entry of BYD Company Limited, representing the affordable whole vehicle manufacturers, is expected to continue to increase the industry penetration rate, and the era of equal rights for intelligent driving is expected to come. It is worth noting that several car companies have recently launched price reduction promotions. Data from the China Association of Automobile Manufacturers shows that in 2024, the number of models with price reductions throughout the year reached 227, far exceeding the 148 in 2023. In 2025, in just January, more than 30 brands have joined the price reduction camp. In addition, some analysts point out that BYD Company Limited will reduce the higher-end intelligent driving to the 100,000 price range, increase quantity without increasing price, which may lead the automotive market into a new round of price wars.