On August 13, GWMOTOR declined 3.07% in regular trading, trading at HKD 8.36, with turnover of HKD 93.18 million.

The decline comes amid a continued pullback across the automobile manufacturing sector. Earlier this week, Hong Kong-listed auto stocks experienced broad-based selling, with NIO falling 3.00%, Geely Auto declining 2.68%, BYD dropping 2.11%, and GWMOTOR losing 1.79%. Current session data shows sector weakness persisting, with BYD down 1.4%, Li Auto down 2.31%, and Geely Auto off 0.89%.

GWMOTOR's sharper underperformance relative to peers appears linked to its previously disclosed H1 profit warning, with reported net profit of RMB 2.35-2.6 billion representing a 59%-63% year-over-year decline, primarily impacted by delayed Russian subsidy recognition and approximately RMB 1.76 billion in currency headwinds. The company's board is scheduled to review unaudited interim results on August 25 and consider an interim dividend. Additionally, main capital recorded a net outflow of RMB 17.56 million on August 11, signaling continued institutional caution ahead of earnings.

(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.)