Express News | Foryou Corporation: The company has not currently obtained the ideal automobile HUD project.

Breakings18:07

Li Auto Could Face Margin Pressure -- Market Talk

WSJ15:20

Express News | Daiwa: Raises the Target Price of Ideal Autos to $32.5, expecting that the total sales for this year will gradually rebound.

Breakings14:47

Brokerage Rating | Daiwa: Upgrades the Target Price of Ideal Autos to $32.50, expecting full-year sales to gradually recover this year.

Daiwa published a research report, having recently communicated with management and reassessed the valuation model, remains Bullish on Li Auto's long-term growth in vehicle upgrades and overseas expansion. Li Auto plans to launch the new pure electric SUV i8 from July to August this year, and may introduce the i6 by the end of the year, with prices of the two new models ranging from 0.2 million to 0.4 million yuan. Daiwa expects overall sales to gradually recover this year, reaffirming the 'Outperform' rating, with the US stock Target Price raised from $23.4 to $32.5.

Gelonghui Finance14:47 · Ratings

Hong Kong stock mid-term review | The three major indices all rose, with the Hang Seng Index up 1.43%; internet technology and shipping stocks performed well, with Tencent Music and COSCO SHIPPING Development both rising over 12%.

Network Technology stocks are rising, Baidu is up 2.81%, and JD-SW is up 2.70%; Shipping and Ports stocks are also up, COSCO SHIPPING Development is up 12.37%, and PACIFIC BASIN is up 6.67%; Insurance stocks are performing well, CHINA TAIPING is up 6.19%, and China Pacific Insurance is up 4.15%.

Futu News12:13

Daiwa: Ideal (LI.US) postpones the launch of pure electric vehicle models, lowering revenue forecasts for this year and next.

Daiwa released a research report, adjusting the revenue forecast for Ideal Autos (02015.HK)(LI.US) down by 12% to 18% for 2025 to 2026, in response to the delay in launching pure electric vehicle (BEV) products. Meanwhile, due to the increase in sales proportion of mass market models, the gross margin forecast for this year and next year has also been lowered by 0.1 to 0.4 percentage points. However, Daiwa stated that after recent communication with management, the valuation model has been reassessed, believing that although the company will face pressure on profit margins in the short term, it remains Bullish on Ideal's long-term growth in vehicle upgrades and overseas expansion. Ideal Autos plans to launch a new model between July and August this year.

AASTOCKS12:12

In the "Big Banks" report, China International estimates that the net Inflow of Southbound funds to Hong Kong Stocks this year will reach 1.2 trillion yuan, urging attention to actively traded Stocks including Alibaba and others.

Bank of China International released a report stating that the stock selection of southbound funds for the stock connect between the mainland and Hong Kong has changed after the USA announced "equivalent tariffs." From 2025 to now, the Hong Kong stock market has risen in the midst of increasing volatility. As of May 9, 2025, the average daily trading volume reached 246.6 billion HKD, significantly higher than the 104 billion HKD in the same period last year and the 131.8 billion HKD for the entire year of 2024. The Hang Seng TECH Index has risen 15.94% from 2025 to now, while the Hang Seng China AH Stocks premium index has decreased from 143 points on December 31, 2024, to 1 on May 9, 2025.

AASTOCKS11:47

CITIC SEC discusses the delisting of Chinese concept stocks: it will not change the intrinsic value of the companies and will bring incremental liquidity to the Hong Kong stock market.

CITIC SEC: We do not believe that the Hong Kong stock market is unable to accommodate a large-scale return of Chinese concept stocks. On one hand, the liquidity of the Hong Kong stock market has clearly improved, and on the other hand, the forced (Delisted) of stocks in the US actually shifts trading to the Hong Kong stock market, bringing incremental liquidity to the Hong Kong market.

CITIC SEC research10:57

Market Update | Auto stocks rose in early trading, LEAPMOTOR increased by over 6% to reach a new high, Institutions are bullish on Electric Vehicles exports maintaining high growth.

From January to April 2025, LEAPMOTOR's cumulative export sales exceeded 13,600 units, ranking first among China's new force brands.

Zhitong Finance10:56

Hong Kong stocks are moving; Autos stocks are rising, LEAPMOTOR has surged over 6% to achieve a new high.

Hong Kong stock market Autos rose, among which, LEAPMOTOR increased by over 6% to reach a new historical high, Li Auto rose by over 4%, Xiaopeng Autos increased by 3.8%, BYD Autos and NIO Autos rose by over 2%.

Gelonghui Finance10:28

In April, Global sales of pure electric and plug-in hybrid Autos continued to grow significantly year-on-year, and the performance of Autos stocks stabilized after a decline. LEAPMOTOR (09863) rose by 5.73%.

Jinwu Financial News | Auto stocks stabilize after a decline. As of the time of writing, LEAPMOTOR (09863) is up 5.73%, LI Auto-W (02015) is up 4.08%, XPeng Motors-W (09868) is up 3.37%, XIAOMI-W (01810) is up 3.39%, Peking Automotive (01958) is up 2.50%, NIO-SW (09866) is up 2.40%, and BYD Co., Ltd. (01211) is up 1.77%.

Jingu Financial News10:05

Undeterred by the "Trump shock"! Global electric vehicle sales surged in April, with the Chinese market experiencing a robust increase of 32%.

In April, Global sales of pure electric and plug-in hybrid autos grew by 29% year-on-year, reaching 1.5 million vehicles. Sales in the China market increased by 32% to 0.9 million vehicles, sales in the Europe market rose by 35% to 0.3 million vehicles, while sales in the North America market fell by 5.6% to 0.1 million vehicles. The Trump tariff policy had minimal impact on electric vehicle sales, but the trade agreements reached with the United Kingdom and China are positive signs for the industry.

cls.cn08:54

U.S. stocks closed: The S&P recovered all losses for the year, and NVIDIA's surge led the return of the AI Concept.

① NVIDIA received a large order from Saudi Arabia, closing up 5.63%; ② UnitedHealth plummeted about 18%, dragging down the Dow; ③ Nasdaq Golden Dragon Index fell 0.07%; ④ General Motors partnered with LG New Energy to develop a new type of LMR square Battery.

cls.cn06:08

Express News | The Tariff Commission of the State Council: Adjustment of tariffs on imported commodities originating from the USA.

BreakingsMay 13 21:57

Quick look at the Hong Kong market | All three major Indexes fell, with the Hang Seng Index down 1.87%, ending an 8-day rising streak, Network Technology stocks corrected, with Meituan down nearly 5%; Autos stocks were sluggish, with NIO down over 5%.

Network Technology stocks fell broadly, with MEITUAN-W down 4.91% and KUAISHOU-W down 4.62%; Lithium Battery stocks declined overall, with BYD Electronics down 7.11% and BYD Company down 4.76%; Autos stocks also dropped, with XPeng Inc. down 5.35% and NIO Inc. down 5.17%.

Futu NewsMay 13 16:35

CICC: April's New energy Fund wholesale volume remained stable month-on-month, and car manufacturers continued to show a "increased configuration without increased price" trend.

In April, retail sales maintained a high level, and the export volume of New energy Fund continued to grow at a high speed; the wholesale volume of New energy Fund showed steady growth month-on-month.

Zhitong FinanceMay 13 14:23

The competition in the Hong Kong stock market is intensifying, with technology giants becoming the main battleground: the Short Sell volume of Alibaba and Xiaomi has surged over 100%.

① Tencent, Alibaba and other heavyweight stocks have been precisely targeted; will this weaken the market's expectations for a "recovery in the platform economy"? ② The surge in Short Sell may suggest that Institutions have doubts about the profitability of Hong Kong's Technology companies?

cls.cnMay 13 13:02

Hong Kong Stock Market Midday Review | All three major Indexes fell, with the Tech Index down 2.99%; Network Technology stocks corrected, with Xiaomi and Meituan dropping over 4%; Apple Supplier stocks weakened, with BYD Electronics falling nearly 6%.

Network technology stocks corrected, XIAOMI-W fell by 4.25%, MEITUAN-W dropped by 4.08%; semiconductor stocks weakened, Semiconductor Manufacturing International Corporation fell by 4.27%, HUA HONG SEMI decreased by 3.94%; Lithium battery stocks saw many downtrends, BYD Electronics fell by 5.67%, BYD Company limited dropped by 3.18%.

Futu NewsMay 13 12:18

Express News | Li Auto: In the 19th week of 2025 (May 5-11), the weekly sales volume of Li Auto was 0.0082 million Autos.

BreakingsMay 13 12:05

CICC: Maintains Ideal Autos-W (02015) as outperforming the Industry rating with a Target Price of 155 HKD.

Looking ahead to 2025, the company has a strong product cycle, and the bank believes the company is expected to stabilize sales of extended-range models through the revamped L series.

Zhitong FinanceMay 13 09:13 · Ratings