Stock Track | ZEEKR Soars 5.42% Following 2024 Sustainability Report Release and EV Market Rally

Stock Track
21 May

ZEEKR (ZK), a leading premium new energy vehicle group, saw its stock price soar by 5.42% in pre-market trading on Wednesday. This significant uptick comes on the heels of two major developments: the release of ZEEKR's 2024 Sustainability Report and a broader rally in Hong Kong's auto stocks.

The company announced the publication of its 2024 Sustainability Report, which is now available on the Sustainability section of ZEEKR's IR website. The report underscores the company's dedication to sustainable innovation, dual carbon management, and proactive governance. This move demonstrates ZEEKR's commitment to transparency and environmental responsibility, potentially boosting investor confidence in the company's long-term prospects.

Adding to the positive sentiment, Hong Kong's auto stocks experienced a notable jump, with several electric vehicle (EV) manufacturers seeing significant gains. Industry peers such as Li Auto and Geely Auto rose more than 4%, while BYD Company reached a new high with a 4% increase. This broader market trend in the EV sector likely contributed to ZEEKR's strong performance, as investors appear optimistic about the future of electric vehicles in the region.

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