Changes in Hong Kong stocks | Zero Sports Auto (09863) rose more than 4% in the afternoon, Zero Sports B10 landed this month, and Mexican institutions are optimistic about going overseas to build a second curve

The Zhitong Finance App learned that Zero Sports Auto (09863) rose more than 4% in the afternoon. As of press release, it had risen 4.12% to HK$34.84, with a turnover of HK$119 million.

According to the news, in July of this year, the Zero Run B10 completed the Mexican localization certification, officially landed in the local market and began delivery, and began the North American market expansion process. Currently, the Zero Run B10 has entered stores all over Mexico. According to reports, the Zero Run C10 and C16 will later enter the market, covering the needs of segmented scenarios such as family travel and multiple riders.

Huachuang Securities pointed out that Zero Run continues to promote the layout of overseas products, channels, and production capacity, and annual export sales are expected to exceed the target limit. The bank pointed out that overseas business contributes profits through Zero Run International's equity earnings, carbon credits, and franchises, etc., and profit flexibility is high. The bank believes that going overseas is expected to become the second curve for collaborative growth in company volume and profit.