Hong Kong Stock Market: Automotive stocks lead gains, eight departments issue a stability growth plan for the automotive industry, aiming for a total annual sales of 32.3 million vehicles.

According to the Wisdom Financial APP, automotive stocks are leading the gains. As of the time of writing, NIO-SW (09866.HK) is up 4.22% at 50.15 Hong Kong dollars, GAC Group (02238.HK) is up 3.6% at 3.45 Hong Kong dollars, BYD Co., Ltd (01211.HK) is up 3.35% at 108 Hong Kong dollars, and XPeng Inc. (09863) is up 2.87% at 62.7 Hong Kong dollars.