GWMOTOR (02333) stock is soaring 6.31% in intraday trading, driven by impressive October sales figures and international expansion news. The Chinese automaker's shares reached HK$16.27, with a substantial trading volume of HK$172 million.
The company recently reported robust growth in its October 2025 performance. Total vehicle sales reached approximately 143,100 units, marking a significant 22.5% year-on-year increase. Production also saw a notable uptick, rising 22.01% to around 140,500 units. The cumulative sales for the first ten months of 2025 totaled about 1.0664 million units, up 9.87% compared to the same period last year.
GWMOTOR's international presence is strengthening, with overseas wholesale sales in October hitting 57,000 units, a 28.7% year-on-year increase. The launch of the Tank 500 Hi4-T in Australia has been particularly well-received, showcasing the company's Hi4 technology and off-road grading system. Analysts suggest that GWMOTOR's expanding localization efforts in Australia could further boost its overseas sales growth, contributing to the positive market sentiment surrounding the stock.