UBS upgrades LEAPMOTOR (09863) from Neutral to Buy X
02/09/2026 10:49
(Infocast News)    LEAPMOTOR (09863)'s share price has fallen 15% over the six trading days following its interim results, as the market prices in lower 2026 earnings and industry-wide margin pressure, especially in the mass market. 

After the sharp share price decline, UBS thinks current risk/reward looks attractive, as downside risks appear to be largely priced in, while several 
upside catalysts may emerge, including accelerating volume momentum, the September technology event and potential visibility improvement on the second brand and strategic cooperation. As a result, UBS upgrades its rating to Buy and maintains its PT of HK$50. (WL)

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