On September 15, LEAPMOTOR fell 3.04% in regular trading, trading at HKD 35.76/share, with turnover of HKD 149 million. The decline came amid broad-based weakness across the automobile sector, with peers widely lower — BYD down 1.56%, Geely Auto down 2.41%, Li Auto down 2.9%, and XPeng down 3.9%.
The pullback followed a strong session on September 14, when the stock surged over 5% after the company reported August deliveries of 103,129 units, up 80.7% year-on-year, marking the second consecutive month above the 100,000-unit threshold. On the same day, it was disclosed that a wholly-owned subsidiary of LEAPMOTOR established a new energy technology company with RMB 1.26 billion in registered capital, covering battery manufacturing, energy storage services, and auto parts R&D — signaling deeper vertical integration.
Broader industry data continued to weigh on sentiment, with August new energy passenger vehicle retail sales declining 10.1% year-on-year to 1.005 million units, underscoring domestic market headwinds despite strong company-level performance. A technology launch event scheduled for September 16, featuring new autonomous driving and powertrain technologies, may serve as a near-term catalyst.
(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.)
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