Great Wall Motor's stock (02333.HK) is soaring 5.03% during intraday trading on Friday, as investors react positively to the company's proactive stance against online defamation. The Chinese automaker's shares have seen a significant uptick following an announcement from its legal department regarding recent online infringement cases.

According to a statement published on Weibo, Great Wall Motor has successfully pursued legal action against six social media accounts, including "Big Eye Brother Car Review" and "Yixxx," for spreading false information and maliciously slandering the company. The court rulings have resulted in content deletion, public apologies, and monetary compensation. In one case, the company was awarded 200,000 yuan in damages and a 15-day consecutive public apology from the infringing party.

This aggressive approach to protecting its reputation appears to have resonated well with investors. By taking legal action against what it terms as "online chaos," Great Wall Motor is demonstrating its commitment to maintaining a positive brand image and fostering a fair competitive environment in the rapidly evolving automotive industry. This move could potentially boost consumer and investor confidence in the company, contributing to the observed stock price surge.