On September 8, GEELY AUTO fell 3.16% in regular trading, trading at 16.23 HKD/share, with turnover of approximately HKD 175 million. The decline came as the automobile sector extended its multi-session slide, with broad-based selling pressure across major EV and legacy automakers.

Within the Automobile Manufacturers sector, BYD COMPANY fell 1.54%, LI AUTO-W fell 2.54%, LEAPMOTOR fell 2.11%, XPENG-W fell 0.57%, and GWMOTOR fell 0.26%. The sector has been under sustained pressure over recent sessions, with similar declines recorded on September 7 when names such as LEAPMOTOR dropped 4.5% and XPENG fell 3.59%.

On the company front, GEELY AUTO announced on September 5 that independent shareholders approved the Zeekr merger with a 95.14% vote, marking a key milestone in its consolidation strategy. With multiple fundamental positives — including a Moody's upgrade to Baa3, robust August sales of 270,194 units representing six consecutive months of year-on-year and month-on-month growth, and a Citi buy rating with a HKD 30 target — the near-term pullback appears aligned with sector-wide softness rather than company-specific deterioration.

(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.)