China's Leapmotor Technology rises after first batch of EV shipped to Europe
** Shares of Zhejiang Leapmotor Technology Co Ltd 9863.HK up 3.4% at HK$24.55, lead gains among Hong Kong-listed Chinese new energy vehicle makers
** Leapmotor International, a 51/49 Stellantis-led company between Stellantis STLAM.MI and Leapmotor, has shipped the first batch of Leapmotor electric vehicles - C10 SUVs and T03 cars - from China's Shanghai to European ports this month
** Leapmotor International will expand its product launch to the Middle East & Africa, Asia Pacific, and South America in late 2024 - Stellantis
** "We are confident that the collaboration between Stellantis and Leapmotor will drive significant growth for both companies," says Leapmotor Chairman Zhu Jiangming
** Hong Kong shares of BYD 1211.HK, Great Wall Motor 2333.HK, Li Auto 2015.HK, Xpeng 9868.HK and Geely 0175.HK rise between 0.4% and 2.1%, while SAIC 600104.SS up 0.8%
** Hang Seng Commerce & Industry Index .HSNC gains 0.9%, Hang Seng Tech Index .HSTECH rises 1.2% and Hang Seng Index .HSI climbs 0.7%
** Leapmotor stock down 33.5% YTD
Reporting by Donny Kwok
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