Hong Kong stocks in an unusual movement | Automotive stocks collectively rebounded. The production and sales of automobiles in the first five months both saw double-digit growth year-on-year. Daiwa Securities mentioned that the market atmosphere may recover around the end of the third quarter.

Zhitong Finance APP learned that the automotive sector has collectively rebounded. As of the time of publication, Ideal Automobile-W (02015.HK) rose by 4.46% to 112.4 Hong Kong dollars; Leapmotor (09863.HK) rose by 4.24% to 56.5 Hong Kong dollars; Xiaopeng Automobile-W (09868.HK) rose by 3.36% to 76.85 Hong Kong dollars; and BYD Company Limited (01211) rose by 3.33% to 130.3 Hong Kong dollars.