On September 25, GWMOTOR declined 3.02% in regular trading, trading at HK$7.06 per share, with turnover of approximately HK$2.39 million. The automobile manufacturing sector came under broad-based selling pressure during the session.

The decline was part of a sector-wide selloff across auto stocks. Among peers, BYD Company fell 3.27%, Li Auto dropped 2.99%, XPeng slid 2.73%, Geely Auto declined 2.41%, and NIO lost 2.18%. Industry fundamentals remain challenging, with compulsory traffic insurance data showing first-half domestic auto delivery volume declining 17.25% year-over-year to 8.6188 million units, as strong export growth failed to fully offset weakening domestic demand. At the company level, first-half net profit attributable to shareholders fell 61.1% year-over-year, weighed down by channel expansion costs and intensifying industry-wide price competition.

Additionally, GWMOTOR recently announced a restricted exercise period for its stock option incentive plan from October 1 to October 31, and completed a buyback and cancellation of 266,043 restricted shares related to departing employees. Global asset manager BlackRock has incrementally raised its long position in the company to 11.17%.

(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.)