February 1, 2023

Auto Stocks Surged on Favourable Policies

Benefiting from the concept of flying cars and favourable policies for new energy vehicles, auto stocks once strengthened sharply in early trading today. As of press time, ONE (02015.HK), Xpeng Motors (09868.HK) and Geely Automobile (00175.HK) rose 6.84%, 5.55%, and 2.37%, respectively.

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