Market Insight | LI AUTO-W Surges Over 4% with Weekly Sales Volume Up Over 11%, Institutions Bullish on Continued Monthly Delivery Growth
Li Auto-W is now up more than 4%, as of the deadline, 3.69%, at HKD 73.05, with a turnover of HKD 195 million. On the news front, Li Auto officially released the sales data for the 25th week of 2024, with a weekly car sales volume of about 11,700 units, an increase of 11.4% compared to the previous week, ranking first in the "Market New Forces" brand sales for nine consecutive weeks in China. PuYin International stated that the sales momentum of the extended-range series models is performing well currently, and L9876 will drive the monthly delivery volume of Li Auto to continue to grow; after the first quarter report, Li Auto confirmed the delay of the pure electric SUV model to 1H25, releasing uncertainty; after adjustments based on company guidance and market expectations, the company's valuation and fundamentals have been adjusted successively. From a risk-return perspective, the current upside potential of Li Auto is greater than the downside risk
According to the information from Zhitong Finance and Economics APP, LI AUTO-W (02015) is now up more than 4%, reaching 3.69% as of the time of publication, at HKD 73.05, with a turnover of HKD 195 million.
On the news front, LI AUTO recently released sales data for the 25th week of 2024, with a weekly car sales volume of about 11,700 units, an increase of 11.4% compared to the previous week, ranking first in the "Market New Forces" brand sales for nine consecutive weeks in China.
Pu Yin International stated that the sales performance of the extended-range series models is good, and L9876 will drive LI AUTO's monthly deliveries to continue to grow. After the first quarter report, LI AUTO confirmed that the pure electric SUV model will be delayed until 1H25, releasing uncertainty. After adjustments based on company guidance and market expectations, the company's valuation and fundamentals have been adjusted successively. From a risk-return perspective, the current upside potential of LI AUTO is greater than the downside risk