Mei Ri Jing Ji Xin Wen·2025-08-06 06:57Group 1 - The Hong Kong stock market showed mixed performance on August 6, with notable strength in Apple-related stocks and coal stocks [1] - The Hong Kong Stock Connect Automotive ETF (159323) experienced fluctuations, with top performers including Minth Group, Haitian International, Great Wall Motors, and Horizon Robotics, while Li Auto, Leap Motor, and Zhongsheng Holdings saw declines, with Li Auto dropping over 5% in the afternoon [1] - Li Auto reported July sales of 31,000 units, a year-on-year decline of 39.7% and a month-on-month decrease of 15.3%, with cumulative sales for the first seven months of the year at 235,000 units, down 2% year-on-year [1] Group 2 - Li Auto launched its first pure electric SUV, the Li i8, at the end of July, and recently announced a price adjustment for the Li i8Max from 349,800 yuan to 339,800 yuan [1] - The Li i8 is set to begin deliveries on August 20, and institutions remain optimistic about the new product's performance, with Guo Zheng International attributing the sales decline in July to increased competition from similar products [1] - The Hong Kong Stock Connect Automotive ETF (159323) is based on the Hong Kong Stock Connect Automotive Index (931239.CSI), which focuses on the Hong Kong vehicle sector and includes a higher proportion of new energy vehicle manufacturers compared to similar indices in A-shares [2] - As of August 5, the index's price-to-earnings ratio (TTM) was 20.02, significantly lower than various A-share automotive theme indices, indicating potential valuation attractiveness [2]