On August 13, LEAPMOTOR rose 3.2% in regular trading, trading at HKD 41.24/share, with turnover of HKD 136 million. The stock was lifted by a combination of near-term catalysts including an upcoming interim results review and recent new vehicle launches.
On the news front, the company announced on August 12 that its board will convene on August 24 to review and approve interim results for the six months ended June 30, followed by a management-hosted earnings conference call at 19:00 the same day. Meanwhile, on August 11, LEAPMOTOR officially launched its A05 compact EV sedan with prices ranging from RMB 63,900 to RMB 90,900, further expanding its product lineup in the mass market segment.
Fundamentally, the company delivered 101,267 vehicles in July, a 102% year-over-year increase, making it the first Chinese EV startup to surpass the 100,000 monthly delivery milestone. Institutions have noted the company trades at a valuation discount relative to peers, with its market capitalization of approximately HKD 49.2 billion significantly below that of rivals despite achieving profitability and industry-leading revenue growth.
(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.)