HK Stock Market Move | LEAPMOTOR(09863) rose more than 3%, and the founder stated that the company's value is severely underestimated. Going abroad is expected to become the second curve.

LEAPMOTOR (09863) rose by more than 3%, as of the time of publication, it rose by 3.35%, trading at 35.8 Hong Kong dollars, with a turnover of 2.38 billion Hong Kong dollars. On the news front, according to a report from Sina Technology yesterday, LEAPMOTOR founder, chairman and CEO Zhu Jiangming recently stated in an interview that the value of LEAPMOTOR is severely underestimated. Zhu Jiangming said: "A market value of 50 billion, I think it's too cheap. That's why from last year to this year, in the one-year anniversary period, we have increased our total holdings by 1.9 billion Hong Kong dollars." He emphasized that any product line taken out, a valuation of 50 billion is definitely no problem, so if you add them up, it should be 200 billion. Huachuang Securities believes that Zerun continues to advance overseas product, channel, and production capacity layout, and annual export sales volume is expected to exceed the upper limit of the guideline. The bank pointed out that overseas business contributes profits through Zerun International equity returns, carbon credits, and franchise rights, with greater profit flexibility. The bank believes that going abroad is expected to become the second curve of company volume and profit synergistic growth.