On July 28, LEAPMOTOR rose 3.18% in regular trading, trading at 38.28 HKD/share, with turnover of HKD 136 million. The stock gained momentum amid a broader rally in the auto sector and a company-specific catalyst.
On the news front, LEAPMOTOR announced on July 27 that its new pure electric compact car, the A05, has officially opened for blind pre-orders. Users can secure exclusive benefits by paying a 99 RMB deposit. The A05 is equipped with a Qualcomm 8295 flagship chip, a 14.6-inch central display, and optional LiDAR, further completing the A-series product lineup. The vehicle measures 4200x1800x1560mm with a 2605mm wheelbase.
Meanwhile, HK-listed auto stocks rose broadly, with LI AUTO-W up 4.20%, Xiaomi up 3.28%, GEELY AUTO up 2.76%, and XPENG-W up 2.23%. Institutions noted mid-to-long-term optimism for overseas expansion and industry upgrade opportunities. LEAPMOTOR's founder recently stated the company is severely undervalued, with overseas business expected to become a second growth curve. The company delivered 93,376 units in June, up 95% year-over-year, with cumulative first-half deliveries exceeding 356,000 units.
(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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