Group 1 - The Hong Kong stock market opened lower but rebounded, with mixed performance in tech stocks and a decline in oil stocks. AI concept stocks saw some increases, while the Hong Kong Stock Connect Automotive ETF (159323) experienced a slight rise, despite declines in major holdings like Li Auto and Leap Motor, with XPeng Motors rising over 2% at one point [1] - XPeng Motors announced a new monthly delivery record of 36,717 smart electric vehicles in July 2025, representing a year-on-year increase of 229%. This marks the ninth consecutive month of deliveries exceeding 30,000 units. The cumulative total delivery volume surpassed 800,000 units by the end of July 2025, with 233,900 vehicles delivered in the first seven months of 2025, a 270% increase compared to the same period last year [1] - In mid-July, XPeng Motors launched the 2025 models of the G6 and G9 in the European market and announced the upcoming launch of the P7+. The brand has entered new markets in the UK, Italy, Ireland, and others, expanding its presence to 46 countries and regions globally [1] Group 2 - The Hong Kong Stock Connect Automotive ETF (159323) tracks the Hong Kong Stock Connect Automotive Index (931239.CSI), which focuses on the Hong Kong vehicle sector, particularly passenger vehicles. This index includes new energy vehicle manufacturers and has a higher concentration of intelligent driving companies compared to similar indices in A-shares [2] - As of July 31, the index's price-to-earnings ratio (TTM) was 19.73, significantly lower than that of various A-share automotive theme indices, indicating a favorable valuation [2]
小鹏汽车涨超2%，7月共交付智能电动汽车3.67万辆，创月度交付新纪录