Changes in Hong Kong stocks | Rantu Auto (07489) rose more than 4% and the right-hand drive model plans to launch in Hong Kong in the fourth quarter. The company continues to promote overseas business

Zhitongcaijing · 2d ago

The Zhitong Finance App learned that Rantu Auto (07489) rose by more than 4%. As of press release, it had risen 3.82% to HK$2.04, with a turnover of HK$16.7027 million.

According to the news, recently, at the Rantu Dreamer 9 global launch conference, Rantu Auto Chairman Lu Fang said that Rantu uses Hong Kong as an important fulcrum in the right-hand drive market. The road test work for the right-hand rudder model has been completed, a sales and service support system has been set up simultaneously, and the plan is to launch it in the fourth quarter. Lu Fang revealed his medium- to long-term goals, striving to build a high-end Chinese new energy brand with global recognition at the end of the “15th Five-Year Plan” period, and participate in overseas competition based on vehicle integration capabilities and local design concepts.

According to CITIC Construction Investment, Rantu Auto's 2026H1 overseas market sales revenue increased 51.5% year-on-year to 2,538 billion yuan. The company continues to promote overseas business around the three strategic directions of deepening Europe, laying out the Middle East, and entering the right-hand drive market. As of 2026H1, it has entered 40 overseas countries and regions, and built more than 240 overseas sales outlets. In the Middle East market, the company has entered the Saudi market; the European market is actively promoting cooperation with the Ste llantis Group and discussing the establishment of a joint venture to be responsible for sales and distribution in the agreed market; the right-hand drive market is gradually expanding to markets such as Thailand and Singapore, with Hong Kong, China as an important fulcrum.