On September 14, LEAPMOTOR rose 3.74% in regular trading, trading at HK$36.66/share, with turnover of HK$110 million. Multiple positive catalysts converged to lift market sentiment.
On the news front, LEAPMOTOR is set to hold a technology conference on September 16, where it will unveil over five cutting-edge technologies including a world-model autonomous driving system described as reaching the industry's top tier, a new mobile space architecture, and advancements in battery, motor, and electronic control systems. All four major vehicle series — A, B, C, and D — are expected to integrate the world-model autonomous driving, covering a price range of RMB 60,000 to 300,000. Meanwhile, the company announced that cumulative production of its B-series duo — B01 and B10 — has surpassed 300,000 units in just 18 months, setting the brand's fastest production record.
The rally comes amid a broader positive backdrop. LEAPMOTOR reported H1 revenue of RMB 38.1 billion, up 57.2% year-over-year, with net profit of RMB 210 million marking a third consecutive half-year of profitability. August global deliveries exceeded 103,000 units, up 80.7% year-over-year. Multiple brokerages including CICC, CITIC Construction Investment, and UBS have maintained or upgraded their ratings on the stock.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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