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$LI AUTO-W (02015.HK)$ L9 is facing fierce competition in Ch...

$LI AUTO-W (02015.HK)$ L9 is facing fierce competition in China, the price is so high. Yesterday the new launched Huawei AITO M7, which is the same size SUV, also fitted with range extending engine, with a price lower 20% than L9.And so many Chinese peer companies are joining the competition too. The catalysis of L9 to the stock price will fade soon. Let’s wait and see.
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