{"id":453334,"date":"2026-02-02T09:25:11","date_gmt":"2026-02-02T09:25:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/453334\/"},"modified":"2026-02-02T09:25:11","modified_gmt":"2026-02-02T09:25:11","slug":"hong-kong-listed-ev-stocks-fall-as-jan-sales-data-reveal-broad-weakness","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/453334\/","title":{"rendered":"Hong Kong-listed EV stocks fall as Jan sales data reveal broad weakness"},"content":{"rendered":"<p>As of press time, Nio fell 5.44% in Hong Kong, Xpeng dropped 7.89%, Li Auto declined 2.50%, and BYD slid 4.5%.<br \/>\nJanuary sales data released Sunday revealed widespread weakness.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-136124\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/02\/2026020202114885.jpg\" alt=\"Hong Kong-listed EV stocks fall as Jan sales data reveal broad weakness\" width=\"1692\" height=\"1044\"\/><\/p>\n<p>Chinese electric vehicle (EV) makers listed in Hong Kong declined in early trading on Monday as January sales data released Sunday showed overall weakness.<\/p>\n<p>At press time, Nio Inc (NYSE: NIO, HKG: 9866) fell 5.44% in Hong Kong, Xpeng (NYSE: XPEV, HKG: 9868) down 7.89%, Li Auto (NASDAQ: LI, HKG: 2015) down 2.50%, and BYD (HKG: 1211, OTCMKTS: BYDDY) down 4.5%.<\/p>\n<p>Other automakers including Geely Auto (HKG: 0175, OTCMKTS: GELYF), GWM (HKG: 2333, SHA: 601633), Leapmotor (HKG: 9863), and Chery (HKG: 9973) also declined in early trading.<\/p>\n<p>Data released Sunday showed BYD sold <a href=\"https:\/\/cnevpost.com\/2026\/02\/01\/byd-sells-210051-nevs-jan-2026\/\" rel=\"nofollow noopener\" target=\"_blank\">210,051 new energy vehicles<\/a> (NEVs) in January, down 30.11% year-on-year.<\/p>\n<p>As China&#8217;s NEV leader, BYD&#8217;s sales performance largely reflects the industry&#8217;s overall condition.<\/p>\n<p>Xpeng delivered <a href=\"https:\/\/cnevpost.com\/2026\/02\/01\/xpeng-deliveries-jan-2026\/\" rel=\"nofollow noopener\" target=\"_blank\">20,011 vehicles<\/a> in January, down 34.07% year-on-year and down 46.65% month-on-month. Li Auto delivered <a href=\"https:\/\/cnevpost.com\/2026\/02\/01\/li-auto-delivers-27668-cars-jan-2026\/\" rel=\"nofollow noopener\" target=\"_blank\">27,668 vehicles in January<\/a>, marking an 7.55% year-on-year decline \u2014 its eighth consecutive monthly drop \u2014 and a 37.47% decrease from December.<\/p>\n<p>Xiaomi EV reported &#8220;over 39,000&#8221; deliveries in January without specifying the exact figure, suggesting a range between 39,000 and 40,000 units. Xiaomi EV delivered a record 50,212 vehicles in December.<\/p>\n<p>Leapmotor delivered <a href=\"https:\/\/cnevpost.com\/2026\/02\/01\/leapmotor-delivers-32059-cars-jan-2026\/\" rel=\"nofollow noopener\" target=\"_blank\">32,059 vehicles in January<\/a>, marking a 27.37% year-on-year increase but a 46.94% decrease from December.<\/p>\n<p>Nio performed better, delivering <a href=\"https:\/\/cnevpost.com\/2026\/02\/01\/nio-deliveries-jan-2026\/\" rel=\"nofollow noopener\" target=\"_blank\">27,182 vehicles<\/a> in January \u2014 a 96.08% year-on-year surge, though down 43.53% from December. This year-on-year growth was primarily driven by strong performance of the third-generation ES8.<\/p>\n<p>Geely Auto sold 270,167 vehicles in January, up 1.29% year-on-year and up 14.08% month-on-month, making it one of the few Chinese automakers to see sales growth in January.<\/p>\n<p>GWM sold <a href=\"https:\/\/cnevpost.com\/2026\/02\/01\/gwm-sells-90312-vehicles-jan-2026\/\" rel=\"nofollow noopener\" target=\"_blank\">90,312 vehicles<\/a> in January, an 11.59% increase year-on-year, though down 27.18% from December.<\/p>\n<p>                <a href=\"https:\/\/cnevpost.com\/2026\/02\/01\/nio-delivers-60000th-3rd-gen-es8\/\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n                    <img loading=\"lazy\" width=\"768\" height=\"432\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Nio delivers 60,000th 3rd-gen ES8 SUV\" data-lazy-src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/02\/2026020105414946-768x432.jpg\"\/><br \/>\n                <\/a><\/p>\n<p>Nio has delivered its 60,000th third-generation ES8, just two weeks after reaching the 50,000th unit.<\/p>\n","protected":false},"excerpt":{"rendered":"As of press time, Nio fell 5.44% in Hong Kong, Xpeng dropped 7.89%, Li Auto declined 2.50%, and&hellip;\n","protected":false},"author":2,"featured_media":453335,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[64,63,99,27308,234104,46506,73427,181897],"class_list":["post-453334","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-au","tag-australia","tag-business","tag-byd","tag-hk-stocks","tag-li-auto","tag-nio","tag-xpeng"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/453334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=453334"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/453334\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/453335"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=453334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=453334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=453334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}