Hong Kong-listed new energy vehicle stocks continued to decline in the afternoon, with Leapmotor (09863.HK) and XPeng (09868.HK) falling by more than 5%, NIO-SW (09866.HK) down 4.7%, Xiaomi Group (01810.HK) and GAC Group (02238.HK) down 3.3%, and Li Auto (02015.HK) down 1.7%.