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zhitong finance app learned that auto stocks fell in early trading. as of press time, xpeng motors-w (09868) fell 3.76% to hk$33.3; great wall motor (02333) fell 1.82% to hk$10.8; li auto-w (02015) fell 1.01% to hk$73.7.

on the news front, the european commission reportedly said on thursday that it had received minimum import offers from chinese electric vehicle manufacturers to the eu to avoid tariffs, but had rejected them all.

the european commission, which is conducting an anti-subsidy investigation into chinese-made electric vehicles, said several electric car exporters had submitted price undertakings - a promise by exporters to comply with minimum import prices to offset subsidies.

in addition, the minister of commerce will visit europe to hold consultations on the eu's anti-subsidy case against china's electric vehicles.

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