On July 31, LI AUTO-W fell 4.33% in regular trading, trading at 52.6 HKD/share, with turnover of HKD 175 million. The stock opened low and continued to weaken throughout the morning session.

On the news front, LI AUTO's US-listed shares closed down 2.25% overnight at a recent low, directly weighing on HK market sentiment. Notably, most popular Chinese concept stocks rose overnight, yet LI AUTO declined against the trend, indicating stock-specific pressure. Although the company disclosed a buyback of approximately 740,700 shares on July 29 at a cost of USD 5.14 million, this failed to provide effective support for the share price.

Within the Automobile Manufacturers sector, the overall sector weakened broadly. Among individual stocks, BYD COMPANY down 2.74%, GEELY AUTO down 2.93%, XPENG-W down 0.89%, LEAPMOTOR down 2.64%, SERES down 1.37%.

(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.)