Hong Kong-listed new energy vehicle stocks fluctuated higher, with Xiaomi Group (01810.HK) rising more than 5%, NIO-SW (09866.HK) rising more than 4%, and other stocks such as BAIC Motor (01958.HK), Leapmotor (09863.HK), Li Auto (02015.HK), and XPeng Group (09868.HK) following suit.