On September 10, GEELY AUTO fell 3.01% in regular trading, trading at HK$16.15/share, with turnover of HK$71.58 million. The decline extended a multi-day sell-off that has seen the stock retreat from HK$16.92 in the prior session.

The broader automobile sector remained under significant pressure. CLSA issued a research note projecting that September domestic passenger vehicle sales would decline approximately 24% year-over-year, with orders at most automakers lacking new model launches trending lower on a weekly basis. Meanwhile, an industry report noted that August domestic sales were down 19% year-over-year, weighed by the tapering of trade-in subsidies and a halving of new energy vehicle purchase tax incentives. Although GEELY AUTO reported an 8% year-over-year increase in August total sales to 270,194 units and a 205% surge in exports, the muted domestic demand outlook continued to overshadow the results.

Within the Automobile Manufacturers sector, stocks declined broadly. Among individual names, BYD COMPANY fell 1.96%, XPENG-W fell 3.59%, LI AUTO-W fell 1.76%, BRILLIANCE CHI fell 3.01%, and NIO-SW fell 4.85%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)