Movement Alert|Leapmotor Rises 3.34% in Regular Trading, Auto Sector Rebounds as New Model Launches Accelerate

Market Focus07-10

On July 10, Leapmotor rose 3.34% in regular trading, trading at 36.56 HKD/share, with turnover of approximately 72.90 million HKD. The stock rebounded after three consecutive sessions of pullback, driven by a broad recovery in the automobile sector.

On the sector front, peers rallied in tandem — BYD gained 1.45%, Geely rose 1.93%, XPeng advanced 1.67%, and Great Wall Motor climbed 1.77%, reflecting systematic buying across auto manufacturers.

On the news front, the company's updated B10 SUV and B01 sedan have opened blind orders at 99 RMB deposits and are scheduled to officially launch on July 16, featuring upgraded powertrains with 180-185kW high-power variants. Additionally, the recently refreshed C10/C11/C16 lineup achieved cumulative C-series sales exceeding 30,000 units in its first month post-launch, demonstrating strong product cycle momentum and reinforcing near-term volume expectations.

(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.

Comments

We need your insight to fill this gap
Leave a comment