HU-LEAP@EC2702A

Omowei Group Announces Strategic Partnerships with ZeroRun Auto and Botai Carlink

Leapmotor Unveils Lafa5 Ultra and Full Range of Products at Beijing Auto Show

Leapmotor expects overseas sales ratio to reach 15% in 2026

Leapmotor Launches D19, Challenges Flagship Market Pricing Barriers with Low Prices

Leapmotor D19 Full-size SUV Officially Launched

Leapmotor A10 receives over 30,000 large orders in 20 days since launch

JPMorgan Raises ZeroRPMotors Profit Forecast and Target Price

Leapmotor's D19 Pre-order Volume Hits New High

Stellantis and Zero Motor 拟 Jointly Develop Opel Electric SUV

Leapmotor D19 Achieves Over 2 Million AnTuTu In-Vehicle Score

Leapmotor's Q1 registration volume surges 2827% to top Italy's pure electric vehicle sales

Leapmotor Plans to Establish R&D Center in Europe

Leapmotor Reports 26% Q1 Delivery Growth and Expanding Overseas Market

Leapmotor Delivered 50,029 Vehicles in March, Up 35% YoY

Zhu Jiangming and Shareholder Increase Holdings in Zero Run Auto

Leapmotor Announces Latest Sales Report with Over 9000 Orders on Weekend

Leapmotor Establishes Zhejiang Linghao Thermal Control Co., Ltd. in Zhejiang

Leapmotor Launches New SUV Model A10

Leapmotor Encourages Employees to Voluntarily Surrender Improper Gains with Amnesty Period

Huaxing Capital Maintains Buy Rating on Zhejiang Lixiang Technology H Shares

QINGDAO HLDGS

QIANHAI HEALTH

GUOXIA TECH

BITSTRAT HLDGS

KIN SHING HLDGS

AV CONCEPT HOLD

DATRONIX HOLD

HAITIAN ANTENNA

PRODUCTIVE TECH

INVESTECH HLDGS

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Hyundai aims to regain its foothold in China with the launch of the Ioniq V, a fully electric sedan designed specifically for the Chinese market. The company plans to introduce 20 new models over the next five years, targeting annual sales of 500,000 units. The Ioniq V features a striking design and advanced technology, including a 4k screen and AI voice assistant, catering to the preferences of Chinese consumers. This model marks a significant shift in Hyundai's approach, focusing on local design and engineering to meet market demands.

InsideEVs

LEAPMOTOR

ZHENGTONGAUTO

Hua Xia CSI New Energy Vehicles ETF

Hwabao WP CSI Intelligent Electric Vehicle ETF

First Trust S-Network Future Vehicles & Tech ETF

BAIC MOTOR

The Hyundai Ioniq V Looks Great. Its Job Is To Take Back China

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Hyundai Motor plans to launch 20 new models in China over the next five years to regain market share in the competitive auto market. The company aims for annual sales of 500,000 vehicles by 2030, including exports. CEO Jose Munoz emphasized the importance of succeeding in China before expanding exports to markets like Europe and the Middle East. Hyundai is focusing on younger consumers with a lineup that includes plug-in hybrids and is enhancing partnerships with local firms like Momenta and CATL.

fidelity

ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF

Guotai CSI 800 Automobile and Parts ETF

CATL

CATL HK SDR 30to1

Hyundai Motor to launch 20 models in five years in new China campaign

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Zhejiang Leapmotor Technology Co., Ltd. Class H (9863) has received a Buy rating from Huachuang Securities, with a price target of HK$70.94. The shares closed at HK$52.45, and the analyst consensus is a Strong Buy with a price target consensus of HK$68.27.

Tip Ranks

ChinaAMC CSI Auto Components Thematic ETF

Ping An CSI Auto Components Thematic ETF

E Fund CSI Auto Components Thematic ETF

HFT CSI Auto Components Thematic ETF

Polaris

Zhejiang Leapmotor Technology Co., Ltd. Class H (9863) Receives a Buy from Huachuang Securities

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Hong Kong's automotive sector witnessed a downturn with several major brands experiencing significant losses. According to Jin10, Leapmotorand Geely Automobile Holdingsboth saw their shares drop by over 5%. Additionally, XPeng Inc.shares fell nearly 5%, while BYD Company Limitedand Lantu Motorsexperienced declines of over 3%. The market sentiment reflects broader challenges within the automotive industry in Hong Kong.

CoinLive

GEELY AUTO

VOYAH AUTO

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XPeng

BYD COMPANY

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GEELY AUTO-R

GEELY AUTOMOBILE HOLDINGS LIMITED SPON ADS EACH REP 20 ORD

Geely Auto

BYD HK SDR 10to1

BYD Company Limited

BYD COMPANY-R

STOCKS | Hong Kong Auto Stocks Decline as Major Brands Experience Losses

The UBS research report indicates that the orders for the Leapmotor D19 are expected to grow steadily, despite the recent poor stock performance. The D19 is the first large SUV on the high-end D platform, priced between 220,000 and 270,000 yuan, with the main sales coming from the 240,000 yuan six-seat "Supreme Extended Range Version." In the face of fierce competition and the upcoming release of new cars, consumers may adopt a wait-and-see attitude. UBS maintains a "Neutral" rating on Leapmotor, with a target price of HKD 50, and expects D platform sales to reach 100,000 units this year

AASTOCKS

UBS Group AG

UBS expects LEAPMOTOR D19 orders to grow steadily, anticipating 100,000 units of D platform sales this year

Hyundai Motor plans to increase US production and reduce costs to mitigate the impact of tariffs on profits. CEO Jose Munoz highlighted the challenges posed by tariffs, supply disruptions, and fluctuating demand for electric vehicles. The company reported its lowest quarterly profit in over three years and aims to localize production to avoid extra costs. Munoz emphasized the need for aggressive cost-cutting and price adjustments in the short term while shifting capacity to North America due to issues in the Middle East affecting logistics and demand.

Businesstimes News

Hyundai accelerates US output to lighten profit hit from tariffs

Hyundai has unveiled the IONIQ 3, its first compact electric vehicle, during Milan Design Week. Positioned as a smaller and more affordable alternative to the IONIQ 5, the IONIQ 3 features a new 'Aero Hatch' design aimed at enhancing efficiency and interior space. It promises advanced technology and a class-leading driving range, marking a significant addition to Hyundai's IONIQ lineup.

Electrek

LI AUTO-W

Hyundai unveils the IONIQ 3 with class-leading range and a new infotainment [Images]

DRIV

Hyundai's CEO, Jose Munoz, stated that the automaker will struggle to recover lost sales in the Middle East due to ongoing regional crises and manufacturing constraints. The Middle East is a high-margin market for Hyundai, but vehicles cannot be easily redirected to other regions due to differing specifications. While Hyundai is reallocating some cars to markets like North America, capacity limitations hinder immediate recovery. The company is also investing in local production in Europe and the U.S. and plans to build a manufacturing plant in Saudi Arabia, though its timeline is uncertain due to the conflict.

Fidelity

Global X Autonomous & Electric V

Li Auto

Hyundai faces challenge replacing lost Middle East sales, CEO says

Hyundai has introduced the Ioniq 3, an electric compact car that utilizes the EV2's technology in a more aerodynamic design. The Ioniq 3 offers improved efficiency and range, achieving up to 496 kilometers compared to the EV2's 448 kilometers. It features a spacious interior, advanced infotainment system, and two battery options (42.2 kWh and 61 kWh). The design emphasizes aerodynamic efficiency while maintaining practicality, with a boot volume of 441 liters. The Ioniq 3 is set to be produced in Europe, showcasing Hyundai's commitment to electric vehicle innovation.

electrive

Hyundai Ioniq 3: Hyundai makes the EV2 more efficient

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NVDU

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BlackBerry's QNX expands cooperation with NVIDIA to develop safety-critical edge AI systems. The new collaboration integrates QNX OS for Safety 8.0 with NVIDIA IGX Thor and Halos Safety Stack. QNX also announced that Chinese electric vehicle company Leapmotor will use its technology as the underlying software platform for its high-end electric SUV "D19." BB's stock price fell 0.8% in pre-market trading in the U.S

NVIDIA

Blackberry

Direxion Daily NVDA Bull 2X Shares

T-Rex 2X Long NVIDIA Daily Target ETF

NVIDIA Corporation

Blackberry's QNX collaborates with NVIDIA to develop AI systems

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36Kr learned that the Hang Seng Index rose by 0.77%, and the Hang Seng TECH Index increased by 0.46%; the paper packaging, food and beverage, and software services sectors led the gains, with Qunhe Technology rising over 101%, ND PAPER up over 6%, and NONGFU SPRING up over 5%; the oil and petrochemical, coal, and automotive sectors saw the largest declines, with LEAPMOTOR down over 5%, Zhongmei Energy down over 4%, and Zhonggang Petroleum down over 3%; southbound funds had a net outflow of HKD 3.909 billion

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Hang Seng TECH Index

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The Hang Seng Index closed up 0.77%, and the Hang Seng TECH Index rose 0.46%

Leapmotor founder Zhu Jiangming stated that the company currently focuses more on scaling up rather than profit targets, believing this is a survival issue. Although Leapmotor leads in sales among new car manufacturers and has performed well in stock prices, Zhu Jiangming emphasized that competition in the industry is fierce, and there will be a polarization of products in the next two to three years. Leapmotor needs to launch "blockbuster" models in the family car and large vehicle markets

Leapmotor's Zhu Jiangming: Currently, scaling up is more important than profit targets

Rewriting the logic of the premium segment

- Leapmotor aims to establish a strong presence in the competitive large SUV market with its flagship model D19, priced under 210,000 RMB.  
- The D19, featuring advanced high-end configurations typically found in luxury vehicles, challenges existing price norms and targets higher profit margins to enhance Leapmotor's profitability.  
- Consumer response indicates demand for affordable luxury, while Leapmotor's focus on cost control through automation and standardization is crucial for sustaining competitive advantage in the evolving automotive landscape.

Wallstreetcn

Qualcomm

Zhu Jiangming Aims to Dethrone Luxury Cars

Leapmotor's CEO, Zhu Jiangming, announced the company's focus on scaling up over the next three years to survive in China's competitive EV market. With 17 manufacturers vying for market share, Zhu emphasized the need for profitability and scale. Leapmotor, which sold nearly 600,000 vehicles last year and aims for one million this year, has launched new models but faces challenges due to declining overall sales in the sector. The company will not sell cars at a loss and prioritizes maintaining a reasonable gross profit margin amid rising costs.

Yicai

Leapmotor Will Focus on Scaling Up to Survive China’s Cutthroat EV Market, CEO Says

Today’s Key News Recap

0317 | Dolphin Research Focus: 🐬 Stock #1, $NVIDIA(NVDA.US) — NVIDIA's GTC 2026 officially kicked off, and founder &amp; CEO Jensen Huang delivered the keynote.He announced a Vera Rubin Space Module under the next-gen Vera Rubin architecture, designed for orbital data centers, delivering 25x performance vs. H100.He also unveiled a partnership with Groq to co-develop new LPU chips...

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Vera Therapeutics

Meta Platforms

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Alibaba HK SDR 5to1

Alibaba

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Apple

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H World

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Tencent HK SDR 10to1

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Apple Group

NVDA GTC in focus; Alibaba 'Token strategy' ramps up | Daily News Recap

Conference Minutes

We maintain the 2026 net profit target at RMB 5 bn. Guidance unchanged.

Sensata Tech

Stellantis NV

Leapmotor (4Q25 Trans): 2026 sales target unchanged at 1mn units---

Financial Analysis

The latest results were solid. They again highlight Leapmotor's consistent, steady operating discipline.

ZEEKR Intelligent Tech

Leapmotor: Can its overseas blockbuster model really hit 1 mn units and 'lead' China's new EV upstarts?---

Leapmotor 4Q25 First Take: the company delivered a solid, in-line quarter. It demonstrated steady operating discipline.Management had guided that heavier promotions would offset scale benefits, leaving GPM flat QoQ. That set a conservative bar.However, GPM still rose 50bps QoQ to 15%. Despite lower ASPs due to promotions and a mix shift toward lower-priced models, the QoQ uptick was driven by three factors.Drivers included ongoing cost-down through platformization and in-house R&amp;D/manufacturing, and further scale effects. In Q4, other income also lifted GPM; with faster overseas ramp, carbon credit revenue recognition likely doubled vs. last quarter.On opex, sales expense was RMB 1.3bn, up QoQ on heavier ad spend and concurrent network expansion. R&amp;D and admin were well controlled and declined QoQ. OP reached RMB 220mn, above the market’s ~RMB 60mn expectations. $LEAPMOTOR(09863.HK)

0316 ｜Dolphin Research Focus: 🐬 Macro/Industry 1) National Bureau of Statistics (NBS) data show that Jan–Feb 2026 industrial VA for above-scale enterprises and total retail sales both beat expectations. Retail sales rose 2.8% YoY, above the 2.5% consensus and vs. 0.9% prior, with the growth rate accelerating by 190bps vs. the previous reading. Consumption is seeing a mild recovery, aided by Lunar New Year seasonality and policy support. On the industrial side, high-tech and equipment manufacturing led the gains. 🐬 Single stock 1) $XIAOMI-W(01810.HK) Xiaomi Auto officially announced...

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Xiaomi Corporation

Xiaomi HK SDR 2to1

Atour

ANT GROUP

BOYD Gaming

Xiaomi next-gen SU7 launch date set; BABA to roll out enterprise AI agents | Daily News Recap

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0302 | Dolphin Research Focus: 🐬 Macro/Industry1) Geopolitical tensions in the Middle East have flared, with US/Israel–Iran frictions escalating and risk aversion rising across global markets. As a result, international gold and silver opened broadly higher on Mon., with safe-haven assets bid. Geopolitics remains the key near-term catalyst for precious metals, as flight-to-safety inflows support gold and silver.2) With the Lunar New Year holiday and a slower spending cadence, the dual impact was evident. Feb deliveries among China EV startups were mixed...

Gold.com

BROS

Dutch Bros

Paramount Global

Warner Bros. Discovery

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NIO Inc. USD OV

NIO Inc

Netflix

Haven Rush Ignites Gold & Silver; BYD to Host 'Disruptive Tech' Press Event｜Daily News Recap

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0202 | Dolphin Research Focus: 🐬 Macro/Industry 1) International precious metals have sold off sharply since the weekend, with gold and silver down materially on a hawkish Fed chair nominee, a stronger USD and higher UST yields, concentrated profit-taking, and deleveraging by levered funds. The violent swings highlight fragile risk sentiment; near term, the market likely chops in a consolidation range with elevated vol risk.2) EV startups posted their first Jan delivery prints with wide divergence in YoY growth, and Leapmotor led the pack with 32,059 units. ...

Alphabet - C

Alphabet

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POP MART HK SDR 20to1

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CN Mobile HK SDR 5to1

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Unity Software

Gold and silver slump, cooling the market; BABA's Qwen adds RMB 3 bn for Lunar New Year | Daily News Recap

HU-LEAP@EC2702A(28501.HK)

HU-LEAP@EC2702A Stock Performance Chart

The Hyundai Ioniq V Looks Great. Its Job Is To Take Back China

Hyundai Motor to launch 20 models in five years in new China campaign

Zhejiang Leapmotor Technology Co., Ltd. Class H (9863) Receives a Buy from Huachuang Securities

STOCKS | Hong Kong Auto Stocks Decline as Major Brands Experience Losses

UBS expects LEAPMOTOR D19 orders to grow steadily, anticipating 100,000 units of D platform sales this year