Understanding the Market | Li Auto-W rises over 8%, the all-new Li Auto L8 will officially launch on June 23
Li Auto-W rose over 8%, as of the time of publication, up 8%, priced at HKD 57.4, with a transaction volume of HKD 834 million. On the news front, on June 12, Li Auto announced that the all-new Li L8 will officially launch on June 23, positioning itself as "a five-seat flagship SUV with no compromises." Western Securities recently pointed out that the company is currently in a product transition period, having completed the clearance of old models in the first quarter, with L9 deliveries starting in May. The all-new L8 Livis is expected to be launched and delivered by the end of June, featuring substantial upgrades in body size, power system, intelligent hardware, and seating layout. With the delivery volume of L9 increasing in the second quarter, the company guides that the Q2 gross margin is expected to rebound to 10%
According to Zhitong Finance APP, Li Auto-W (02015) rose over 8%, as of the time of publication, up 8%, priced at HKD 57.4, with a transaction volume of HKD 834 million.
In terms of news, on June 12, Li Auto announced that the all-new Li L8 will officially launch on June 23, positioning itself as a "five-seat flagship SUV with no compromises." Western Securities recently pointed out that the company is currently in a product transition period, having completed the clearance of old models in the first quarter, with the L9 starting deliveries in May. The all-new L8 Livis is expected to be launched and delivered by the end of June, featuring substantial upgrades in body size, power system, smart hardware, and seating layout. With the delivery volume of the L9 increasing in the second quarter, the company guides that the gross profit margin for Q2 is expected to rebound to 10%
