HK Movers | HK Auto Stocks Jump. Li Auto, Geely Auto up More Than 4%; BYD Company up 4% to New High; NIO up 2.5%

Tiger Newspress

05-21

Hong Kong’s auto stocks jumped on Wednesday. Li Auto, Geely Auto up more than 4%; BYD Company up 4% to new high; NIO up 2.5%.

Citi Research issued a research report believing that the pattern of China's passenger car exports in April , 2025 is now more favorable to BYD COMPANY (01211.HK) , after raising its target price on BYD Company to HK$688 on 15 February. Citi Research explained that the stunning PHEV export growth has not yet become a market consensus; BYD COMPANY's BEV export market share accelerated sharply from 23% in 2024 to 38% in April,2025 ; China's domestic market catalyzed in 3Q2; and it is best positioned against any price cut in 2026. Therefore, the broker elevated its target price from HK$688 to HK$727.

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Citi Research explained that the stunning PHEV export growth has not yet become a market consensus; BYD COMPANY&#39;s BEV export market share accelerated sharply from 23% in 2024 to 38% in April,2025 ; China&#39;s domestic market catalyzed in 3Q2; and it is best positioned against any price cut in 2026. Therefore, the broker elevated its target price from HK$688 to HK$727.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HK Movers | HK Auto Stocks Jump. 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Li Auto, Geely Auto up More Than 4%; BYD Company up 4% to New High; NIO up 2.5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2025-05-21 11:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Hong Kong’s auto stocks jumped on Wednesday. Li Auto, Geely Auto up more than 4%; BYD Company up 4% to new high; NIO up 2.5%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a3cf6af9a365e62b298a4bddb02fb665\" title=\"\" tg-width=\"507\" tg-height=\"385\"/></p><p>Citi Research issued a research report believing that the pattern of China&#39;s passenger car exports in April , 2025 is now more favorable to BYD COMPANY (01211.HK) , after raising its target price on <a href=\"https://laohu8.com/S/01211\">BYD Company</a> to HK$688 on 15 February. Citi Research explained that the stunning PHEV export growth has not yet become a market consensus; BYD COMPANY&#39;s BEV export market share accelerated sharply from 23% in 2024 to 38% in April,2025 ; China&#39;s domestic market catalyzed in 3Q2; and it is best positioned against any price cut in 2026. Therefore, the broker elevated its target price from HK$688 to HK$727.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LOT","symbol_name":"路特斯","start_time":0,"source_url":"","article_id":"1140639912","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1140639912","pubTimestamp":1747796501,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"Hong Kong’s auto stocks jumped on Wednesday. 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Citi Research explained that the stunning PHEV export growth has not yet become a market consensus; BYD COMPANY's BEV export market share accelerated sharply from 23% in 2024 to 38% in April,2025 ; China's domestic market catalyzed in 3Q2; and it is best positioned against any price cut in 2026. Therefore, the broker elevated its target price from HK$688 to HK$727.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}