LI Li Auto
- 20.250
- -0.500-2.41%
- 20.260
- +0.010+0.05%
Li Auto News
Most popular Chinese securities fell by nearly 4%, Tencent Music fell more than 3%, Ideal Auto, and iQiyi fell more than 2%, JD, NetEase, Alibaba, Baidu, and Pinduoduo fell by more than 1%. Bilibili, NIO, and Vipshop rose slightly.
Most popular Chinese securities fell by nearly 4%, Tencent Music fell more than 3%, Ideal Auto, and iQiyi fell more than 2%, JD, NetEase, Alibaba, Baidu, and Pinduoduo fell by more than 1%. Bilibili, NIO, and Vipshop rose slightly.
6-K: Report of foreign private issuer (related to financial reporting)
Express News | China Automobile Dealers Association: The inventory warning index for Chinese car dealers in May was 58.2%
Read it in one picture | The list of Hong Kong stocks for May Bulls and Bears has been released! Longyuan Electric Power and GCL Energy increased by about 30% during the month
BYD Electronics increased by more than 30% this month and was included in the Hang Seng Index. The agency said it benefited from the sale of the new iPad; Jinhui Holdings surged nearly 83% in one day, with a cumulative increase of more than 40% during the month, and has settled all credit bonds issued on the open market.
Li Auto Sees 20,000th Li L6 Roll off Line
Li Auto said Li L6 production capacity continues to climb and will top 20,000 units next month.
Express News | Ideal L6 20000 mass-produced car rolled off the production line
Hong Kong Stock Afternoon Review | The three major indices rose by about 1%. Technet stocks and biomedical stocks strengthened. Station B rose nearly 7%, and Kangfang Biotech surged more than 34%
Auto stocks generally rose; NIO rose nearly 11%; Xiaopeng Motor rose nearly 5%; coal stocks rose one after another; China Coal Energy rose more than 4%, and China Shenhua rose nearly 3%.
Direct impact of changes | NIO rose more than 10% to lead auto stocks, auto market policies continued to gain strength, and the penetration rate of new energy sources is expected to reach a new high in May
The Zhitong Finance App learned that auto stocks were higher in early trading. As of press release, Weilai-SW (09866) rose 10.47% to HK$42.2; Xiaopeng Motor-W (09868) rose 6.13% to HK$33.75; Ideal Automobile-W (02015) rose 4.11% to HK$81.05; and Great Wall Motor (02333) rose 3.2% to HK$14.18. According to the news, on May 29, the “2024-2025 Energy Saving and Carbon Reduction Action Plan” issued by the State Council mentioned the need to speed up the elimination of old motor vehicles and gradually abolish the purchase of new energy vehicles in various regions
Express News | Report: The penetration rate of new energy vehicles in China is expected to be close to 40% in 2024
Intraday Overview | The Hong Kong Stock Index fluctuated, and the biotech sector showed strong performance. Kangfang Biotech rose nearly 29%
Technology Network stocks strengthened; Bilibili rose more than 6%, Kuaishou and Tencent Music rose more than 4%; auto stocks rose more than 10%, and Xiaopeng Motors and Zero Sports increased by more than 4%.
Ideal Automobile-W (02015.HK): Optimistic that L6 will drive market share increase, pure electric platforms delay lengthening the verification cycle of Ideal Second Growth Curve
24Q1 performance: 24Q1 automobile sales revenue of 24.3 billion yuan, +32.3% year over year, total revenue of 25.6 billion yuan, +36.4% year over year; overall gross margin was 20.6%, gross profit margin of 23.5% in the previous quarter;
The NEV sector of Hong Kong stocks strengthened, and Nio rose more than 10%, and Xiaopeng Motor rose more than 6%, Zero Sports, Ideal Auto, and Evergrande Motor rose more than 4%.
The NEV sector of Hong Kong stocks strengthened, and Nio rose more than 10%, and Xiaopeng Motor rose more than 6%, Zero Sports, Ideal Auto, and Evergrande Motor rose more than 4%.
Tianfeng Securities: Maintaining Ideal Automobile-W (02015.HK) “Buy” Rating Target Price of HK$136
Tianfeng Securities released a research report stating that it maintains the Ideal Automobile-W (02015.HK) “buy” rating, with a target price of HK$136. Ideal faced drastic adjustments after the financial report. The bank believes that the core reason is that the 1Q profit decline and the delay in pure electric platforms caused the market to lower its ideal annual sales/profit expectations and adjust the valuation in response; the bank judged the market or judged the ideal annual sales volume and profit with excessive pessimism, and there was a misjudgment on the deterioration of the competitive pattern (the ideal market share did not decline significantly). As 2QL6 climbs, the ideal market share is expected to increase further. However, the delay in pure electric models also caused the trip to be successful this year
As of press release, Weilai-SW (09866.HK) was up 9.16%, Xiaopeng Motor-W (09868.HK) was up 5.03%, Ideal Automobile-W (02015.HK) was up 3.79%, Zero Sports Auto (09863.HK) was up 2.84%, and BYD shares (01211.HK) were up 2.10%.
As of press release, Weilai-SW (09866.HK) was up 9.16%, Xiaopeng Motor-W (09868.HK) was up 5.03%, Ideal Automobile-W (02015.HK) was up 3.79%, Zero Sports Auto (09863.HK) was up 2.84%, and BYD shares (01211.HK) were up 2.10%.
The discount is “full”! It is beneficial for intensive release, and the car market is heating up!
This series of policy combinations is aimed at stimulating automobile consumption in the short term; in the long run, it is implementing the “double carbon” goal.
US stocks closed | Interest rate cuts spread, and the three major indices still fell; Nvidia fell nearly 4%, and its market capitalization evaporated by more than 100 billion dollars, and Salesforce's performance fell sharply by 20%
The Dow closed down 0.86%, S&P fell 0.6%, and the NASDAQ fell 1.08%; only Apple, the seven tech giants, did not fall; Microsoft fell more than 3%; China rebounded against the market, and NIO rose nearly 10%.
Express News | Exclusive-Tesla Is Considering Selling FSD Software as a Monthly Subscription, Say Sources
Express News | Exclusive-Tesla Preparing to Register Its FSD Autonomous Driving Feature in China, Say Sources
Express News | A video-teleconference to promote the National Consumer Goods Trade-In Campaign was held in Beijing
Global Equities Roundup: Market Talk
The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day. 0643 GMT - Li Auto's sales of its new L6 model and price cuts for existing models are likel
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