Hong Kong stock market anomaly | Automotive stocks collectively fell back in the first half of the year, with car sales down by 20% year-on-year. Institutions point out that vehicle tax has limited impact on the car market.

According to the Wisdom Financial APP, automotive stocks collectively fell back. As of the time of publication, Beijing Auto (01958.HK) fell 6.98% to 0.8 Hong Kong dollars; Great Wall Motors (02333.HK) fell 3.2% to 8.48 Hong Kong dollars; XPeng Motors-W (09868.HK) fell 2.97% to 50.6 Hong Kong dollars; and NIO-W (02015) fell 2.84% to 47.14 Hong Kong dollars.