On March 5, it was reported that the automotive stocks in the Hong Kong stock market collectively rebounded. As of press time,$XPENG-W (09868.HK)$up nearly 5%,$NIO-SW (09866.HK)$up nearly 4%,$GAC GROUP (02238.HK)$surging over 3%,$GEELY AUTO (00175.HK)$up over 2%, and$BYD COMPANY (01211.HK)$Slightly increased.
On the news front, according to Yicai, BYD will release its second-generation Blade Battery and flash charging technology on March 5. In 2020, BYD launched its first-generation Blade Battery, propelling it into a period of rapid business growth. With the announcement of the second-generation Blade Battery, whether BYD can again seize the technological first-mover advantage is worth watching. The expectation of this technology launch has reinforced market optimism regarding the prospects of technological iteration and cost reduction in the new energy vehicle supply chain.
Everbright Securities issued a research report stating that starting from March to April, multiple automakers will launch several key new models in quick succession; in the short term, focus is on the financial performance amid rising costs. Dongwu Securities expressed that in the short term, with the industry subsidy policies now in place, they are optimistic about the recovery of passenger vehicle sentiment in Q1 2026 as观望 demand translates into purchases, and they firmly believe in the passenger vehicle sector. From a full-year perspective: domestically, select resilience to volatility; for exports, prioritize certainty.
Editor/Melody
