HK Stock Market Move | Car dealerships are picking up again today. YONGDA AUTO (03669) rose more than 11%. The Ministry of Commerce proposed expanding the entire chain to increase car consumption.

Car dealers have rebounded today. As of press time, YONGDA AUTO (03669) rose by 11.11% to 1.8 Hong Kong dollars; HARMONY AUTO (03836) rose by 7.95% to 0.95 Hong Kong dollars; ZHONGSHENG HLDG (00881) rose by 2.5% to 11.9 Hong Kong dollars; MEIDONG AUTO (01268) rose by 1.27% to 1.6 Hong Kong dollars. On the news front, Yang Shu, head of the Market Operation and Consumer Promotion Department of the Ministry of Commerce, said that commodity consumption is an important area for promoting consumption and benefiting people's livelihood, and the Ministry of Commerce will promote pilot reforms in automobile retail consumption, expand the circulation of used cars, and extend the automotive aftermarket chain to include automobile modification, leasing, events, and RV camping, in order to expand automobile consumption. In addition, according to a report from Longzhong Information, the inventory alert index of Chinese car dealers in October 2025 was 52.6%, an increase of 2.1 percentage points year-on-year and a decrease of 1.9 percentage points month-on-month, still above the boom-bust line (50%), indicating that the industry's prosperity has improved but inventory pressure has not been fully relieved.