On July 31, GWMOTOR fell 3.1% in regular trading, trading at HK$9.07/share, with turnover of HK$60.83 million.

On the news front, the Hong Kong-listed auto sector collectively weakened, with peers GEELY AUTO down 3.57%, LEAPMOTOR down 1.64%, LI AUTO-W down 1.38%, and BYD COMPANY down 1.16%, reflecting broad-based selling pressure across the sector.

On the fundamental side, the company previously guided H1 net profit attributable to shareholders of RMB 2.35 billion to RMB 2.6 billion, representing a year-over-year decline exceeding 50%. Jefferies noted actual results could be even more severe, cutting its target price to HK$14. Additionally, BlackRock reduced its H-share stake from 9.11% to 8.49% as of July 16, with institutional selling adding pressure to market sentiment.

(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.)