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Autos Broadly Prosper as DONGFENG, WULING, BAIC MOTOR, LEAPMOTOR Leap 4-5%, but NIO Slips 4%+
Hong Kong EV makers developed individually. LEAPMOTOR (09863.HK) rose for 4 consecutive days, and peaked at $26 this morning. The stock last printed at $25.4, up 5%. WULING MOTORS ...
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Autos Broadly Prosper as DONGFENG, WULING, BAIC MOTOR, LEAPMOTOR Leap 4-5%, but NIO Slips 4%+
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Hong Kong EV makers developed individually. LEAPMOTOR (09863.HK)  -5.100 (-8.127%)    Short selling $47.55M; Ratio 6.724%   rose for 4 consecutive days, and peaked at $26 this morning. The stock last printed at $25.4, up 5%. WULING MOTORS (00305.HK)  -0.005 (-1.149%)   reversed its loss in 3 consecutive days, and peaked at $0.48. It last printed at $0.455, up 4.6%. Blue chip LI AUTO-W (02015.HK)  -5.500 (-4.846%)    Short selling $505.84M; Ratio 29.694%   hit a nearly-2-month high of $142.6 this morning, and last added 0.3% to $139.5.

On the other hand, JPMorgan downgraded NIO Inc. (NIO.US)      from Neutral to Underweight, and trimmed its target price from US$8.5 to US$5, as the lack of new models may slow down sales amid competitors' new model launch. The news dragged down NIO Inc. by 7.7% to close at US$5.4 on last Friday (23rd). NIO-SW (09866.HK)  -0.600 (-1.997%)    Short selling $51.91M; Ratio 26.164%   's H-shares fell for 3 consecutive days to a low of $42.25, and last printed at $43.85, down 4.4%. XPENG-W (09868.HK)  -2.800 (-3.551%)    Short selling $690.76M; Ratio 29.473%   slid 0.7% to $35.05.

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ICEs prospered broadly. GWMOTOR (02333.HK)  -0.680 (-5.363%)    Short selling $86.25M; Ratio 18.057%   , GEELY AUTO (00175.HK)  -1.480 (-7.291%)    Short selling $377.51M; Ratio 22.241%   , GAC GROUP (02238.HK)  -0.040 (-1.408%)    Short selling $4.59M; Ratio 8.943%   , DONGFENG GROUP (00489.HK)  -0.320 (-7.033%)    Short selling $8.40M; Ratio 3.454%   and BAIC MOTOR (01958.HK)  -0.040 (-1.970%)    Short selling $1.04M; Ratio 4.560%   gained over 2% to 4%. The latter two inclined the most, and printed at $3.42/ $2.37, both up over 4%.

(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-23 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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