Movement Alert｜LEAPMOTOR Rises 3.95% in Regular Trading, New A05 Model Blind Pre-Order Launched Amid Sector-Wide Rally

Market Focus07-29

On July 29, LEAPMOTOR rose 3.95% in regular trading, trading at 40.18 HKD/share, with turnover of approximately 36.57 million HKD.

On the news front, LEAPMOTOR announced on July 27 that its new pure electric compact car A05 officially opened blind pre-orders, with users paying just 99 RMB to secure exclusive benefits. The A05 features a Qualcomm 8295 flagship chip, a 14.6-inch central display, and optional LiDAR, further expanding the A-series product lineup.

Meanwhile, the HK-listed auto sector rallied broadly, with LI AUTO up 7.29%, NIO up 4.43%, XPENG up 3.51%, and GEELY up 3.71%, as institutions expressed optimism on overseas expansion and industrial upgrading opportunities.

Additionally, LEAPMOTOR delivered over 350,000 units in the first half of the year, with overseas sales accounting for nearly 30%. The B10 model has officially entered Mexico, marking its North American expansion. Huachuang Securities maintains a Strong Buy rating with a target price of 58.85 HKD.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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