Movement Alert｜Leapmotor Rises 3.1% in Regular Trading, Core Shareholders Accumulated HK$900 Million in Purchases Over Past Six Months Combined with 95% YoY June Sales Growth

Market Focus07-06

On July 6, Leapmotor rose 3.1% in regular trading, trading at HK$38.4 per share, with turnover of approximately HK$79.84 million.

On the news front, the company announced that Chairman Zhu Jiangming and shareholder Fu Liquan recently purchased a combined 4.8142 million H-shares at an average price of HK$35.86 per share. Over the past six months, their cumulative purchases totaled approximately HK$900 million. Following the latest acquisition, the single largest shareholder group now holds 25.05% of total issued shares.

Additionally, Leapmotor delivered 93,376 vehicles in June, representing a 95% year-over-year increase, pushing the NEV startup monthly sales ceiling to the 90,000-unit level. The company accumulated over 350,000 units in first-half deliveries, firmly maintaining its position as the top-selling NEV startup. Goldman Sachs recently initiated coverage with a Buy rating and a HK$50 target price, citing competitive new model launches and accelerating domestic growth.

(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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