Movement Alert|LEAPMOTOR Rises 3.95% in Regular Trading, New A05 Model Blind Pre-Order Launched Amid Sector-Wide Rally

Market Focus
07/29

On July 29, LEAPMOTOR rose 3.95% in regular trading, trading at 40.18 HKD/share, with turnover of approximately 36.57 million HKD.

On the news front, LEAPMOTOR announced on July 27 that its new pure electric compact car A05 officially opened blind pre-orders, with users paying just 99 RMB to secure exclusive benefits. The A05 features a Qualcomm 8295 flagship chip, a 14.6-inch central display, and optional LiDAR, further expanding the A-series product lineup.

Meanwhile, the HK-listed auto sector rallied broadly, with LI AUTO up 7.29%, NIO up 4.43%, XPENG up 3.51%, and GEELY up 3.71%, as institutions expressed optimism on overseas expansion and industrial upgrading opportunities.

Additionally, LEAPMOTOR delivered over 350,000 units in the first half of the year, with overseas sales accounting for nearly 30%. The B10 model has officially entered Mexico, marking its North American expansion. Huachuang Securities maintains a Strong Buy rating with a target price of 58.85 HKD.

(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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