Hong Kong stocks abnormal | Automotive stocks continue recent decline, domestic automobile sales in the first five months fell by more than 19.5%. Institutions pointed out that multiple factors led to the sector underperforming the overall market.

According to the Securities Times app, the automotive stocks continued to decline recently. As of the time of reporting, XPeng Motors-W (09868.HK) fell by 3.94% to 49.52 Hong Kong dollars; NIO Inc.-W (02015.HK) fell by 3.88% to 48.56 Hong Kong dollars; and BAIC Motor Corporation (01958.HK) fell by 1.11% to 0.89 Hong Kong dollars.