Leapmotor Top Shareholders Boost Stakes in HK-Listed EV Maker

Zhejiang Leapmotor Technology Co., Ltd. Class H ( (HK:9863) ) has shared an update.

Zhejiang Leapmotor Technology’s leadership has increased its stake in the company, underscoring confidence in its long-term prospects and alignment with public investors. Chairperson and CEO Zhu Jiangming and shareholder Fu Liquan recently bought a combined 5,080,200 H shares on the market at an average price of about HK$45.10 per share, for a total consideration of roughly HK$230 million.

Following the latest purchases, Zhu, Fu and their Single Largest Shareholders Group now hold 211,180,738 H shares and 128,517,839 domestic shares, representing 23.89% of Leapmotor’s total issued share capital. The move, which the buyers state complies with Hong Kong listing rules and relevant regulations, is intended to support the company’s sustainable and stable development, though investors are still urged to exercise caution when trading the stock.

The most recent analyst rating on (HK:9863) stock is a Buy with a HK$76.60 price target. To see the full list of analyst forecasts on Zhejiang Leapmotor Technology Co., Ltd. Class H stock, see the HK:9863 Stock Forecast page.

More about Zhejiang Leapmotor Technology Co., Ltd. Class H

Zhejiang Leapmotor Technology Co., Ltd. is a Chinese new energy vehicle manufacturer listed in Hong Kong. The company focuses on designing, producing and selling intelligent electric vehicles for the domestic Chinese market and overseas investors through its H-share listing. It operates within the rapidly growing EV sector, where capital market confidence and shareholder alignment are critical to its expansion.

Average Trading Volume: 9,225,818

Technical Sentiment Signal: Buy

Current Market Cap: HK$68.76B

Find detailed analytics on 9863 stock on TipRanks’ Stock Analysis page.