Hong Kong stocks fluctuate | Automobile stocks fall again, institutions believe that it is difficult to avoid a new round of price wars, the trend of increased market share but not increased profits may continue.

According to the Securities Times APP, automotive stocks have once again fallen. As of the time of writing, Xpeng Motors-W (09868.HK) has dropped by 3.22% to 76.75 Hong Kong dollars; Li Auto-W (02015.HK) has fallen by 1.54% to 115 Hong Kong dollars; and Great Wall Motors (02333.HK) has declined by 1.92% to 12.28 Hong Kong dollars.