According to Zhitong Finance APP, auto stocks collectively rose. As of the time of this report, Geely Automobile (00175) increased by 9.02%, trading at 17.88 Hong Kong dollars; Li Auto-W (02015) rose by 8.13%, priced at 103.7 Hong Kong dollars; BYD Company (01211) climbed by 4.69%, at 330.6 Hong Kong dollars; Great Wall Motor (02333) rose by 4.21%, at 12.88 Hong Kong dollars.

On the news front, BYD will hold a smart strategy launch conference at its headquarters in Shenzhen on February 10 at 19:30. BYD has proposed to make advanced intelligent driving accessible to everyone through the "Eye of God" system. Orient stated that starting in 2025, the democratization of intelligent driving and upgrades to intelligent driving functions are expected to become mainstream trends, with advanced intelligent driving penetration rates likely to continue to increase. The penetration rates of sensors, domain controllers, and other intelligent driving-related Hardware in the Industry Chain will also rise correspondingly, and related complete vehicle and component companies in the intelligent driving Industry Chain are expected to benefit.

In addition, major automakers have successively released their January 2025 sales data. Influenced by the Spring Festival holiday and a surge in sales at the end of 2024, the domestic auto market has shown a clear divergent trend. The Passenger Vehicle Association predicts that the narrow Passenger Vehicle retail market scale in January may be about 1.75 million units, with retail sales of New energy Fund expected to reach 0.72 million units, a penetration rate of approximately 41.10%. After the Spring Festival holiday, car sales in February are expected to stabilize and rebound.