MB-LEAP@EC2603A(19609.HK)

On Monday (February 2), at the end of the U.S. stock market, the Bloomberg Electric Vehicle Price Return Index fell by 2.80%, closing at 3450.29 points. The index was in a downward trend throughout the day, with component stocks such as Anaconda Mining falling by 9.5%, XPeng H shares closing down by 6.77%, Lucid Group down by 6.7%, Zhejiang Leapmotor Technology H shares closing down by 5.28%, Pony.ai ADR down over 4.5%, and NIO Group H shares closing down by 4.51%. BMW European stocks rose by 0.66%, STMicroelectronics rose by 1.11%, Sona Blw Precision Forgings Ltd. rose by 1.99%, and Nidec Corporation rose by 3.31%

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

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. ...

The Hang Seng TECH Index's decline has widened to 2.2%, XPeng has dropped over 9%, Nio has fallen over 6%, and Leapmotor and BYD COMPANY have both decreased by over 5%

In January, LEAPMOTOR's total delivery volume increased by 27% year-on-year

Leapmotor announced that in January 2026, the total delivery volume reached 32,059 vehicles, a year-on-year growth of 27%

China's electric vehicle deliveries in January: SERES and Leapmotor outperform, Xiaomi Cars down 20%, BYD sales drop 30%

The delivery data for Chinese electric vehicle companies in January shows that SERES and Leapmotor continue to grow, delivering 43,034 and 32,059 vehicles respectively, an increase of 1.4 times and 27%. Xiaomi's delivery volume decreased by 20% to 39,000 vehicles due to the discontinuation of the first-generation SU7. BYD's sales fell by 30% to 210,000 vehicles, Geely grew by 2.7% to 124,000 vehicles, and Great Wall decreased by 19%. Nio delivered 27,182 vehicles, an increase of 96.1%, while XPeng decreased by 34% to 20,011 vehicles