On July 22, XPENG-W declined 3.08% in regular trading, trading at HKD 50.35/share, with turnover of HKD 435 million.

On the news front, the automobile manufacturing sector came under broad-based pressure, with BYD down 2.17%, Geely Auto down 3.97%, Leapmotor down 5.89%, and Li Auto down 2.75%. A major Chinese brokerage previously noted that domestic passenger vehicle demand in the first half was weaker than expected, forecasting continued volume pressure in Q3.

Additionally, the XPeng X9 air suspension high-temperature malfunction incident continues to escalate. Supplier Konghui Technology issued a statement distancing itself from responsibility, while market skepticism over XPeng's quality control has yet to subside. The company has apologized and extended warranty coverage to 8 years or 160,000 kilometers, but quality complaints across multiple models remain a concern.

Despite MONA L03 accumulating over 46,800 firm orders since launch and multiple international banks maintaining buy ratings with target prices well above the current level, short-term industry headwinds and quality-related sentiment continue to weigh on share price performance.

(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.)