On October 7, CHERY AUTO declined 5.09% in regular trading, trading at HK$25.0, as the stock retreated from the prior session's surge triggered by record export data.

The move follows Chery Group's announcement that September sales reached 292,308 units, up 4.2% year-over-year, with monthly exports hitting a record 207,814 vehicles — the highest single-month export figure ever for a Chinese automaker. The stock had climbed more than 6% on the news before giving back gains.

Several institutions, including Huatai Securities and JPMorgan, have maintained positive ratings with target prices around HK$35. However, the pullback suggests near-term profit-taking amid the broader automotive sector's muted performance, as investors lock in gains after a strong catalyst.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)