China's Ministry of Industry and Information Technology (MIIT) and National Development and Reform Commission (NDRC), along with 3 other ministries, organized the 2025 NEV countryside initiative, at which the authorities will select a number of typical county-level cities with low NEV promotion ratio but high market potential, and hold several special events, radiating promotions to surrounding towns. Activities will be tailored to regional characteristics. The catalog includes a total of 124 models, but XIAOMI-W (01810.HK) -1.050 (-1.935%) Short selling $937.05M; Ratio 13.313% is not included.Related NewsBernstein Raises XIAOMI-W (01810.HK) TP to HKD60, Reiterates Outperform RatingBYD COMPANY (01211.HK) -0.600 (-0.146%) Short selling $982.12M; Ratio 20.145% has 11 models included in the 'NEV countryside initiative' list, including Han, Seagull and Seal. Geely has 12 models selected, including Geely Galaxy L6 and Zeekr 001, etc..LEAPMOTOR (09863.HK) -0.450 (-0.799%) Short selling $124.64M; Ratio 20.268% 's models included are Leapmotor T03, C10, C11, C01, C16, while XPENG-W (09868.HK) -2.700 (-3.405%) Short selling $230.84M; Ratio 18.936% 's selected models include M03, P7+, G6 and G9.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-05 16:25.)