The Zhitong Finance App learned that Yadi Holdings (01585) rose more than 5%. As of press release, it had risen 5.02% to HK$9.42, with a turnover of HK$127 million.

According to the news, starting in July of this year, the Hanoi pilot center city will restrict the passage of fuel-powered motorcycles for a specific period of time; Indonesia introduced subsidies for electric motorcycles in June, and plans to promote large-scale electrification of fuel-powered motorcycles. The analysis points out that the Southeast Asian oil and motorcycle market space is large, and against the backdrop of rising oil prices, the trend of electric two-wheelers replacing oil motorcycles is expected to accelerate. Also, according to GF Securities, the company's shipment volume improved year-on-year in the third quarter, mainly due to product optimization+policy relaxation, which led to a rapid recovery in domestic sales, and the company's domestic repairs were sustainable.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.