Movement Alert|Li Auto Rises 3.69% in Regular Trading, June Delivery Data and New Model Launches Boost Market Confidence

Market Focus
Jul 02

On July 2, Li Auto rose 3.69% in regular trading, trading at HKD 48.6/share, with turnover of HKD 190 million.

On the news front, Li Auto announced June delivery figures of 30,895 vehicles, bringing Q2 total deliveries to 98,330 units, landing at the upper end of its guidance range. While June deliveries declined 14.84% year-over-year and 7.36% month-over-month compared to May, the quarterly performance meeting guidance expectations provided reassurance to investors.

On the product front, Li Auto officially launched the new five-seat flagship SUV Li L8 on June 23, equipped with its self-developed Mach M100 chip and 5C super-charging battery, priced at RMB 369,800 to RMB 429,800. Additionally, the new-generation Li L6 is confirmed for a July launch. The intensive rollout of new models has strengthened market expectations for future sales momentum.

Within the Automobile Manufacturers sector, peers also posted gains, with BYD up 7.66%, XPeng up 4.05%, Geely up 3.86%, Leapmotor up 4.52%, and Great Wall Motor up 1.57%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10