Automotive stocks collectively surged higher during afternoon trading. As of press time, NIO-SW (09866) jumped 5.99% to HK$51; BYD COMPANY (01211) gained 4.21% to HK$108.90; GAC Group (02238) rose 3.60% to HK$3.45; and Leapmotor (09863) advanced 3.12% to HK$62.85.