Hong Kong auto stocks rebounded across the board, with LI AUTO-W surging more than 5%, XPENG-W climbing over 3%, SERES, LEAPMOTOR, and GEELY AUTO each gaining more than 2%, and NIO-SW, CHERY AUTO, and BYD COMPANY each rising more than 1%.
Analysts believe that with the arrival of September, automotive demand is expected to be further unleashed, and sales of major automakers are likely to see a sequential improvement.
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