HK Stock Market Move | The automobile stocks continue to rise recently, with several heavyweight new cars waiting to be launched. Institutions point out that there is potential to catalyze the release of automobile market demand.

The automobile sector continues its recent uptrend. As of press time, LEAPMOTOR (09863) rose by 6.1% to HK$ 47.28, GEELY AUTO (00175) rose by 4.44% to HK$ 18.82, LI AUTO-W (02015) rose by 3.86% to HK$ 72.6, and XPENG-W (09868) rose by 3.19% to HK$ 80.75. On the news front, the Ministry of Industry and Information Technology recently released the 405th batch of new car declaration catalog. This includes many new heavyweight cars from various car companies such as BYD Company Limited Leopard 08, BYD Company Limited Datang DM-i/DM-p, the new Wuling M9, Shangjie Z7/Z7T, Lixiang D99/A05, the new Tank 300 Hi4-T/Hi4-Z, MG 4X, etc. The strong sales potential of these new cars is expected to further stimulate demand in the car market. Sinolink pointed out that domestic sales will be under pressure in January and February 2026. Currently, the replacement of old cars with new cars has already started in various provinces, and the demand that has been suppressed due to wait-and-see policies is expected to gradually release. In addition to the new cars launched by various car companies, sales growth is expected to marginally recover from March.