Changes in Hong Kong stocks | Zero Sports Auto (09863) rose more than 9% at the end of the session, Zero Sport A05 will soon be listed, and institutions are optimistic that it will become a hot product

The Zhitong Finance App learned that Zero Sports Auto (09863) rose more than 9% at the end of the session. As of press release, it had risen 9.35% to HK$42.12, with a turnover of HK$704 million.

According to the news, on July 27, Zero Run A05 started blind subscriptions. According to reports, the Zero Run A05 is the company's second model in the A series and is expected to be officially launched in August. According to a research report released by Qunyi Securities, the A05 main sales price range is expected to be between 60,000 and 80,000 yuan, which is lower than A10. The Zero Run A10, also of the A series, has become a hit model in the market due to its high cost performance ratio. Since its launch in March, sales have continued to rise. The sales volume in June was 24,865 units, making it the number one selling small SUV. We expect steady sales volume of A05 to reach 20,000 after launch.

The bank pointed out that Zero Run has launched 3 new cars this year, of which the A10 and D19 are the best-selling models in their respective market segments. From June to July, the Zero Run C series and B series underwent annual upgrades. The price was basically the same, but the intelligent configuration was improved, further enhancing the competitiveness of the product. In addition, the company plans to launch a second brand in 2027, positioning more than 300,000 high-end new energy vehicles. The first car is expected to be unveiled in Q4, which will further expand the price range of the company's products.