$LI AUTO-W (02015.HK)$ 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.

$Li Auto (LI.US)$ This stock is highly controlled by institutional investors, lack of liquidity.That’s why there are so many gaps and it always against the main trend for its easily to be manipulated. Be careful, retail investors!