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| HSI1 | 23,919.50 | 0.00 | -- |
| HSCEI1 | 8,057.59 | 0.00 | -- |
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2026-11-04 14:00:35 Citi published a research report saying dealer checks showed overall EV orders of Chinese automakers rose 48% WoW last week (Oct 26 to Nov 1), beating expectations and implying industry orders in October increased 4% MoM. Excluding the high base of XIAOMI-W (01810.HK), orders rose 14% MoM. The bank noted that LI AUTO-W (02015.HK) led the gains (up 840% WoW) after launching the upgraded i6 on Oct 28, while XPENG-W (09868.HK) rose 240% WoW after launching the MONA L05 on Oct 29. On a MoM basis, XIAOMI-W (01810.HK), Huawei, NIO-SW (09866.HK) and Tesla, Inc. (TSLA.US) underperformed the industry, with changes of -55%, -6%, -4% and +1%, respectively. GEELY AUTO (00175.HK) Galaxy, LEAPMOTOR (09863.HK), LI AUTO-W (02015.HK), XPENG-W (09868.HK) and Zeekr outperformed, rising 39%, 36%, 33%, 18% and 16% MoM, respectively. The bank said LI AUTO-W (02015.HK) and LEAPMOTOR (09863.HK) both recorded positive MoM and YoY growth simultaneously, with LI AUTO-W (02015.HK) up 33% MoM and 9% YoY, and LEAPMOTOR (09863.HK) up 36% MoM and 42% YoY. Lithium prices fell 22% MoM, easing part of the cost pressure increases. (ad/da)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |