Automotive stocks displayed divergent trends during morning trading. As of press time, XPENG-W (09868) fell 2.35% to HK$81.15; GWMOTOR (02333) rose 2.15% to HK$19.46; and BYD COMPANY (01211) gained 1.57% to HK$110.7.

On the news front, multiple automakers announced their August delivery figures on September 1st, showing overall growth momentum. Specifically, LEAP Motor's August deliveries reached a new record high of 57,100 units, representing a year-over-year increase of over 88% and maintaining its leading position among new energy vehicle brands for six consecutive months. XPENG delivered 37,700 new vehicles in August, marking a 169% year-over-year increase and 3% month-over-month growth, setting a new monthly delivery record. NIO delivered 31,300 new vehicles in August, up 55.2% year-over-year and achieving a historical high. GWMOTOR recorded total vehicle sales of approximately 115,600 units in August, representing a 22.33% year-over-year increase. However, Li Auto's monthly deliveries have declined for three consecutive months on a month-over-month basis.