$LEAPMOTOR(09863.HK) dropped by five points, $XPeng(XPEV.US) in the Hong Kong market followed with a pullback, while the US stock $XPeng(XPEV.US) actually saw a slight rise. $SERES(09927.HK) was also weak—several new forces lacked momentum this round, squeezed by domestic sales and tariff expectations on both sides, with deliveries entering a plateau. The fundamentals haven't collapsed; it just lacks an upward catalyst. Those holding on need to endure this phase for now 🙄
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