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Majority of Hong Kong-Listed Auto Stocks Experience Decline, XPeng Plummets Over 9%
1 week ago /
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Author：小编
The majority of auto - related stocks listed on the Hong Kong Stock Exchange are currently undergoing a downward adjustment. As of the moment of reporting, XPeng's stock price has plummeted by more than 9%. NIO - SW has also seen a drop of over 6%, while BYD Co Ltd's shares have declined by nearly 5%.
Several emerging automakers have recently disclosed their vehicle delivery figures for January. Among them, four have managed to achieve year - on - year growth. Nevertheless, when compared to December of the previous year, their delivery volumes have witnessed a substantial decrease. This reflects the fluctuating nature of the auto market, where growth in one period doesn't necessarily translate to consistent performance in the next.
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