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<Research>CLSA: BYD COMPANY's Great Tang & Sealion 08/ LEAPMOTOR's A10/ NIO's ES9/ Others Receive Best Response at Beijing Auto Show
Recommend 33 Positive 63 Negative 32 |
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Autos prospered. BYD COMPANY (01211.HK) leaped 4.8% to close at $106.1 at midday, while GEELY AUTO (00175.HK) inched up 0.1%. LEAPMOTOR (09863.HK) jumped up 2.7%, while NIO-SW (09866.HK) mounted 3.2%. Despite a weak demand environment in China's auto market, the scale of 2026 Auto China was double the size of last year, with a total of 160 new models unveiled, CLSA released a research report saying. Automakers are leveraging the domestic market as a foundation to drive NEV exports. At the event, BYD COMPANY's Great Tang and Sealion 08, GEELY AUTO's Zeekr 8X, LEAPMOTOR's A10 and NIO-SW's ES9 received the most positive feedback. In contrast, feedback on new models from other emerging players, such as LI AUTO-W (02015.HK), XPENG-W (09868.HK) and XIAOMI-W (01810.HK), was relatively less positive due to a lack of surprises. Auto-translated by AI AASTOCKS Financial News |
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