Hong Kong Stock Movers: Auto Sector Climbs Broadly as September Vehicle Goods Exports Near US$31 Billion, Up Over 40% Year-on-Year

Stock News11-05

Auto stocks advanced across the board, with Xiaomi-W (01810) rising 8.41% to HK$31.18, Li Auto-W (02015) gaining 8.26% to HK$47.2, NIO-SW (09866) up 6.39% to HK$26.64, and BYD Company (01211) climbing 5.26% to HK$76.1.

On the news front, data released on November 3 by the General Administration of Customs and compiled by the China Association of Automobile Manufacturers showed that in September, total imports and exports of auto goods reached US$33.44 billion, up 9.3% month-on-month and up 34.3% year-on-year. Of that, import value was US$2.47 billion, down 11.1% month-on-month and down 36.0% year-on-year, while export value was US$30.97 billion, up 11.3% month-on-month and up 47.2% year-on-year.

In addition, Cui Dongshu, Secretary-General of the China Passenger Car Association, recently released a tracking analysis of China's passenger vehicle exports to the EU market. Based on public data, China's vehicle exports to the EU reached 1.83 million units in the first nine months of 2026, already far exceeding the full-year total of 1.38 million units last year. In September alone, exports hit 279,000 units, up 128% year-on-year and up 29% month-on-month, setting a record high. The cumulative year-on-year increase was 87%, with average monthly exports exceeding 200,000 units over the first nine months.

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