Tiger Brokers

BUZZ-Li Auto leads gains in HK-listed EV makers after strong Sept deliveries

Reuters
Oct 02, 2024

** Hong Kong shares of Li Auto lead gains in Chinese electric vehicle $(EV)$ makers, rising 11.4% to HK$120.4, their highest since April 12, and on course for a fourth straight session of gains

** Li Auto is the top pct gainer in the Hang Seng Index

and second biggest in the Hang Seng Tech Index , which are up 2.3% and 3.8%, respectively

** Li Auto delivered 53,709 vehicles in September, up 48.9% y/y

** Hong Kong shares of NIO rise 2.3%, BYD

surges 3.2%, Geely climbs 1%, Leapmotor

jumps 8.2% and Xpeng adds 1.2%

** The Hang Seng Commerce & Industry Index rises 3.5% and the Hang Seng China Enterprises Index adds 3.4%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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