On June 8, Great Wall Motor (02333.HK) fell 3.18% in regular trading, trading at HK$10.08/share, with trading volume of HK$16.80 million.

On the news front, the company recently disclosed May sales of approximately 100,400 units, representing a 1.79% year-over-year decline, marking a reversal in growth momentum. Meanwhile, Q1 results showed attributable net profit of RMB 945 million, down 46.01% YoY, with non-GAAP net profit plunging 67.19% to just RMB 482 million, signaling persistent profitability deterioration.

The profit squeeze stems from multiple headwinds: intensifying domestic price wars eroding per-vehicle margins, RMB appreciation generating significant foreign exchange losses, and elevated channel expansion and R&D expenses. The company's new energy vehicle penetration remains around 30%, substantially lagging industry leaders, while its legacy fuel vehicle base continues shrinking. The broader Automobile Manufacturers sector traded lower in tandem, with BYD Company down 2.12%, XPeng down 3.54%, Geely Auto down 2.61%, Li Auto down 1.59%, and Leapmotor down 2.62%.

(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.)