HK Stock Market Move | LEAPMOTOR (09863) rose nearly 6% in the afternoon session, with sales exceeding 100,000 units for two consecutive months; the company raised its overseas sales guidance.

LEAPMOTOR (09863) rose nearly 6% in the afternoon session. As of press time, it was up 5.78% at HK$37.34, with a turnover of HK$197 million. On the news front, LEAPMOTOR's August sales reached 103,129 units, up 80.7% year-on-year and 1.8% month-on-month, marking two consecutive months of sales exceeding 100,000 units and setting a new historical high. Changjiang pointed out that the A05 was officially launched on August 11 and is expected to accelerate the company's short-term sales growth. With the company's continued strong new product cycle, the commencement of overseas sales, and the continuous expansion of its domestic model lineup, the company's sales and revenue are expected to maintain rapid growth and drive continuous profit improvement. China Securities Co.,Ltd. stated that the company has actively raised its overseas sales guidance, aiming to steadily achieve 150,000 overseas units for the full year of 2026, with a challenge target of 200,000 units; and a 2027 overseas sales target of 350,000-400,000 units. The company's overseas sales are growing rapidly, its domestic base is steadily improving, the high-end D series products have delivered impressive sales performance, and the second brand is poised for launch. It is optimistic that under the company's strong new product cycle and the steady advancement of its overseas strategy, sales and profitability will continue to improve.