PHILLIP HKNEWEQ(02835.HK)

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PHILLIP HKNEWEQ
02835.HK
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Leapmotor delivers 60,423 cars in Dec, up 42% year-on-year

Leapmotor delivered 60,423 vehicles in December 2025, a 42.11% year-on-year increase, but a 14.08% decline from November. Full-year deliveries reached 596,555 units, marking a 103.10% increase year-on-year. The company aims for 1 million annual sales in 2026 and 4 million in the next decade. Leapmotor reported a net income of RMB 150 million in Q3 2025, its second profitable quarter. Recent investments include a RMB 3.74 billion stake from China FAW Group, reducing Stellantis NV's stake to 18.99%.

CnEVPost·
HK
09863
-2.95%
CnEVPost·
HK
09863
-2.95%

Solid-state EV batteries take another big step forward in China

China has introduced its first national standard for solid-state electric vehicle (EV) batteries, marking a significant advancement towards mass production of this promising technology. The standard, released by the National Automotive Standardization Technical Committee, is titled "Solid-State Battery for electric vehicle – Part 1: Terms and Classification" and is currently open for public discussion. This move is part of China's strategy to maintain its lead in the electrification of vehicles, with domestic companies like BYD and CATL pushing forward with innovative battery technologies.

Electrek·
HK
03750
+0.50%
SZ
300750
-0.53%
Electrek·
HK
03750
+0.50%
SZ
300750
-0.53%

Chinese electric vehicles are selling explosively in Europe, with market share reaching a historic high!

Data shows that in November, the market share of Chinese brands in the European electric vehicle market reached a record 12.8%, with a share of over 13% in the hybrid vehicle sector. Despite facing tariff pressures, brands such as BYD, SAIC, CHERY, and LEAPMOTOR have successfully mitigated the impact of trade barriers by absorbing tariff costs, focusing on hybrid models, and targeting non-EU markets like the UK. Among them, LEAPMOTOR's sales surged over 4000%, while CHERY grew by 1100%

Wallstreetcn·
SH
600104
-0.85%
HK
09973
+0.52%
SZ
002594
-2.04%
Wallstreetcn·
SH
600104
-0.85%
HK
09973
+0.52%
SZ
002594
-2.04%

Midea Group Files Next Day Disclosure Return to HKEX, Adds 6,886,475,262 Shares at Undisclosed Price

Midea Group Co. Ltd. has submitted a Next Day Disclosure Return to the Hong Kong Stock Exchange, indicating changes in its issued shares related to its 2022 and 2023 Restricted Share Incentive Schemes. The filing includes 6,886,475,262 new shares, but the issue price remains undisclosed.

Reuters·
HK
00300
-0.88%
Reuters·
HK
00300
-0.88%

Beating Tesla In Europe, Chinese Automakers Take Record Share Of EV Market As BYD Sales Surge

Chinese automakers achieved a record 12.8% market share in the European EV market in November, led by BYD, Leapmotor, and Chery. BYD reported a 222% increase in sales, while Tesla's sales declined by 23%. Chinese exports to Europe grew by 63% year-on-year, with Xpeng planning further expansion into Europe and Asia. The surge in Chinese EV sales reflects a significant shift in the market dynamics in Europe.

benzinga_article·
HK
09863
-2.95%
SZ
002594
-2.04%
US
BYDDF
-2.93%
benzinga_article·
HK
09863
-2.95%
SZ
002594
-2.04%
US
BYDDF
-2.93%
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