Market Insight | LI AUTO-W drops over 4% as market doubts future product strength, institutions say company still has high growth confidence
LI AUTO-W is now down more than 4%, as of the deadline, down 4.06% to HKD 74.5, with a turnover of HKD 685 million. West Securities pointed out that the market believes that LI AUTO's previous success was mostly due to accidental factors, and is skeptical about its future product strength. We believe that the success of LI AUTO's extended-range SUV comes from the resonance of both demand and supply sides, reflecting the company's ability to grasp user demand and build high-quality products. Based on this, we believe that LI AUTO's future products are expected to replicate the success of the L series, and new pure electric vehicles are also expected to sell well. GF Securities, on the other hand, pointed out that the company's three historical turning points reflect its medium- to long-term vitality, rapid correction mechanism, and continuous iterative capability. In the short term, the core focus is on the company's performance in the high-end car market share, the potential breakthrough space in overseas exports, and the volume verification of the listing of pure electric models. The bank believes that LI AUTO still has a high growth confidence
According to the information from Zhitong Finance and Economics APP, LI AUTO-W (02015) is currently down more than 4%, as of the time of publication, it has dropped by 4.06% to HKD 74.5, with a turnover of HKD 685 million.
West Securities pointed out that the market believes that LI AUTO's previous success was mostly due to accidental factors, and there is skepticism about its future product strength. We believe that the success of LI AUTO's extended-range SUV comes from the resonance of both demand and supply sides, reflecting the company's ability to grasp user demand and build high-quality products. Based on this, we believe that LI AUTO's future products are expected to replicate the success of the L series, and the new pure electric vehicles are also expected to sell well.
Guangfa Securities, on the other hand, stated that the company's three historical turning points reflect its medium to long-term vitality, rapid correction mechanism, and continuous iterative capability. In the short term, the key focus is on the performance of the company's high-end car market share, the potential breakthrough in overseas exports, and the volume verification of the launch of pure electric models. The firm believes that LI AUTO still has a high growth confidence level