Movement Alert|LI AUTO-W Rises 3.02% in Regular Trading, Auto Sector Rallies on Strong Export Data

Market Focus
Jul 23

On July 23, LI AUTO-W rose 3.02% in regular trading, trading at 49.06 HKD/share, with turnover of approximately HKD 185 million.

On the news front, the automobile sector collectively strengthened as multi-category vehicle export data showed significant growth, confirming the release of overseas expansion dividends for automakers. Guosen Securities expressed an optimistic outlook on the sustained acceleration of overseas expansion across multiple segments including passenger vehicles.

Within the Automobile Manufacturers sector, the overall tone was positive. Among individual stocks, BYD COMPANY up 0.57%, XPENG-W up 1.59%, GEELY AUTO up 1.78%, NEW GONOW RV up 1.94%, LEAPMOTOR up 3.05%. The broad-based sector rally underscores the market-wide positive sentiment toward Chinese auto export momentum.

Additional context includes LI AUTO-W's ongoing share repurchase program, with multiple buybacks executed in recent weeks totaling millions of dollars, as well as the recent launch of the new-generation L6 model and the establishment of a chip subsidiary signaling deepening vertical integration.

(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.)

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