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<Research>CLSA Expects BYD COMPANY to Maintain Current Sales Levels, GEELY AUTO/ LEAPMOTOR to Sustain Strong Product Cycles
Automotive orders in China retreated across the board during the week ended July 13 compared to the previous week as automakers slowed distribution efforts in the last week of 2Q25...
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<Research>CLSA Expects BYD COMPANY to Maintain Current Sales Levels, GEELY AUTO/ LEAPMOTOR to Sustain Strong Product Cycles
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Automotive orders in China retreated across the board during the week ended July 13 compared to the previous week as automakers slowed distribution efforts in the last week of 2Q25, CLSA remarked in its report.

Specifically, the combined orders for the top three mass-market brands, BYD COMPANY (01211.HK)  +2.100 (+1.714%)    Short selling $357.08M; Ratio 32.115%   , GEELY AUTO (00175.HK)  +0.920 (+5.038%)    Short selling $168.15M; Ratio 12.914%   , and LEAPMOTOR (09863.HK)  +1.500 (+2.532%)    Short selling $1.62M; Ratio 0.735%   , decreased by 1.8% compared to the previous week.

Related NewsBofAS: Acquisition of Zeekr Beneficial for GEELY AUTO (00175.HK); TP $21.6; Rating Kept at Buy
Looking ahead, CLSA still believes that BYD COMPANY will maintain its current sales levels as it appears focused on "feature additions" and inventory clearance strategies, while GEELY AUTO and LEAPMOTOR's product cycles should remain strong.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-17 12:25.)

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