Ge Long Hui·2026-01-13 03:13Group 1 - The core viewpoint of the news is that Hong Kong automotive stocks have generally risen, with significant increases in companies like BYD, Chery, and XPeng, driven by positive developments in the EU-China electric vehicle negotiations [1] - The Ministry of Commerce announced progress in consultations regarding electric vehicles, agreeing to provide general guidance on price commitments for Chinese exporters of pure electric vehicles to the EU [1] - Industry expert Cui Dongshu indicated that initial implementation of the price commitment mechanism may lead to short-term fluctuations in sales for some automakers as they adjust pricing and product structure [1] Group 2 - As automakers adapt to new rules, local production capacity is expected to be released, and product competitiveness will improve, leading to a gradual recovery in the sales of Chinese electric vehicles in the EU market [1] - Cui Dongshu forecasts that from 2026 to 2028, exports of Chinese electric vehicles to the EU will maintain an annual growth rate of around 20%, becoming a significant driver of growth in the global electric vehicle market [1] - Specific stock performance includes BYD rising by 4.13%, Chery by 3.02%, XPeng by 2.80%, and others showing increases, indicating a positive market sentiment towards these companies [2]