HK Stock Market Move | YADEA (01585) rises over 5%, with large market space for fuel motorcycles in Southeast Asia, and domestic sales expected to recover rapidly.

YADEA (01585) rose over 5%, up 5.02% as of press time, at HK$9.42, with a turnover of HK$127 million. On the news front, starting from July this year, Hanoi piloted time-based restrictions on fuel motorcycles in the central urban area; Indonesia has offered purchase subsidies for electric motorcycles since June, with plans to promote large-scale electrification conversion of fuel motorcycles. Analysts pointed out that Southeast Asia's fuel motorcycle market has large room, and against the backdrop of high oil prices, the trend of electric two-wheelers replacing fuel motorcycles is expected to accelerate. Separately, according to GF SEC, the company's shipments turned positive year-on-year in the third quarter, mainly due to product optimization + policy relaxation driving a rapid recovery in domestic sales, and the company's domestic recovery is sustainable.