As of the close of the day, Xiaopeng Motors' Hong Kong stocks fell by more than 12%, NIO's Hong Kong stocks fell by more than 9%, Ideal Auto's Hong Kong stocks fell by 7.8%, BYD's Hong Kong stocks fell by 5.1%, and Geely Auto's Hong Kong stocks fell by 6.5%.

2025/06/1715:22:34 hotcomm 1611

text: Original by Dongchedi Li Dezhe

[Original by Dongchedi Industry] On October 24, Hong Kong auto stocks fell sharply. As of the close of the day, Xiaopeng Motors Hong Kong stocks fell by more than 12%, NIO Hong Kong stocks fell by more than 9%, Ideal Auto Hong Kong stocks fell by 7.8%, BYD Hong Kong stocks fell by 5.1%, and Geely Auto Hong Kong stocks fell by 6.5%.

As of the close of the day, Xiaopeng Motors' Hong Kong stocks fell by more than 12%, NIO's Hong Kong stocks fell by more than 9%, Ideal Auto's Hong Kong stocks fell by 7.8%, BYD's Hong Kong stocks fell by 5.1%, and Geely Auto's Hong Kong stocks fell by 6.5%. - DayDayNews

On October 24, Hong Kong auto stocks fell sharply

On the news front, Xiaopeng Motors, which "lead the decline", was recently revealed that the company had adjusted its organizational structure. It is reported that Xiaopeng Motors Chairman He Xiaopeng held management meetings many times to reflect on issues such as company operations and product strategy , and issued an email from all employees on the evening of October 21, and carried out a comprehensive organizational structure adjustment. According to the organizational adjustment announcement, Xiaopeng Motors plans to establish five virtual committees to open up communication channels for the company's various business lines and improve collaboration efficiency.

However, from the market perspective, the greater impact may come from the official price reduction of Tesla early this morning. On October 24, Tesla officially announced that the price of Tesla Model 3 and Tesla Model Y respectively adjusted for its models.

As of the close of the day, Xiaopeng Motors' Hong Kong stocks fell by more than 12%, NIO's Hong Kong stocks fell by more than 9%, Ideal Auto's Hong Kong stocks fell by 7.8%, BYD's Hong Kong stocks fell by 5.1%, and Geely Auto's Hong Kong stocks fell by 6.5%. - DayDayNews

On October 24, Tesla suddenly announced a price reduction of

. Among them, the price of Tesla Model 3 rear-wheel drive version after subsidy dropped from 279,900 yuan to 265,900 yuan, a decrease of 14,000 yuan; the price of Tesla Model 3 high-performance version dropped from 367,900 yuan to 349,900 yuan, a decrease of 18,000 yuan.

The price of Tesla Model Y rear-wheel drive version has dropped from 316,900 yuan to 288,900 yuan after subsidy, a decrease of 28,000 yuan; the price of Tesla Model Y long-range version has dropped from 394,900 yuan to 357,900 yuan, a decrease of 37,000 yuan; the price of Tesla Model Y high-performance version has dropped from 417,900 yuan to 397,900 yuan, a decrease of 20,000 yuan.

As of the close of the day, Xiaopeng Motors' Hong Kong stocks fell by more than 12%, NIO's Hong Kong stocks fell by more than 9%, Ideal Auto's Hong Kong stocks fell by 7.8%, BYD's Hong Kong stocks fell by 5.1%, and Geely Auto's Hong Kong stocks fell by 6.5%. - DayDayNews

Xiaopeng Motors was recently exposed to the company's organizational structure adjustment

This time, Tesla's "sudden" price cuts on the domestic new energy vehicle market structure are still unknown, but according to the latest forecast data released by the China Passenger Car Association, in October this year, domestic new energy passenger car sales are expected to reach 550,000 units, increased by 73.5% year-on-year,

hotcomm Category Latest News