HK Stock Market Move | LEAPMOTOR (09863) soared over 4% as the Leapmotor B10 and Leapmotor C10 officially entered the Argentine market.

LEAPMOTOR (09863) rose over 4%, and as of the time of publication, it is up 3.59%, trading at HKD 42.16, with a transaction volume of HKD 131 million. On the news front, according to LEAPMOTOR's official WeChat account, LEAPMOTOR has officially entered the Argentine market with two global models, the Leapmotor B10 and the Leapmotor C10. In its initial phase, LEAPMOTOR has set up 12 sales outlets and 20 after-sales service points in Argentina, covering key cities nationwide. Industry analysis suggests that LEAPMOTOR's choice of Argentina as an entry point into the South American market is driven not only by the potential release of local demand for new energy vehicles but also closely related to the adaptability of its product lineup. The B10, with its affordable pricing and long-range advantages, is expected to attract young family users; meanwhile, the C10 range-extended version meets long-distance travel needs without range anxiety. Breakthroughs in smart electric drive and fast-charging technologies in both models will become core competitive advantages for Leapmotor in expanding its overseas market.