0420 GMT - Zhejiang Leapmotor will continue to see strong volume growth this year, says HSBC Global Research analysts in a note. The Chinese automaker's new A and D series models are expected to be the primary contributors to 2026 volume growth, they say. The A series should reinforce the company's position in the value segment, supported by the A10 launched in March with a pricing of 66,000 yuan to 87,000 yuan, they add. The D series is intended to extend consumer affordability into more premium categories. The sales volume growth overseas also remains on track, they add. The European plant in Spain should further support its overseas expansion strategy, they say. HSBC Global Research maintains a buy rating on the stock with target price of HK$66.70. Shares last at HK$53.20. (jiahui.huang@wsj.com; @ivy_jiahuihuang)
(END) Dow Jones Newswires
April 21, 2026 00:20 ET (04:20 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments