Li Auto Sees Li L7 Deliveries Exceed 200,000 Units
Li Auto (NASDAQ: LI) today announced that it has seen cumulative deliveries of the Li L7 surpass 200,000 units, 16 months after the model's launch.
What's Going On With Li Auto Stock?
Li Auto Inc. (NASDAQ:LI) shares are trading lower Monday after Chinese car sales fell in the month of June. The Details:Retail sales of cars fell for the third month in a row, down 6.7% from the prior
Express News | Shares of Chinese Auto Stocks Are Trading Lower After China's Car Sales Fell in June
Express News | Li Auto Down 2.0%, JD.com Down 1.8%, NIO Down 1.5%, Xpeng Down 4.3%
Express News | PDD Holdings Down 1.8%, NetEase Down 1.3%, Baidu Down 0.9%
Express News | Ishares China Large Cap ETF Down 0.6%, Kraneshares CSI China Internet ETF Down 0.9%
Express News | Li Auto Down 1.6%, NIO Down 1.3%, Xpeng Down 3.5%
Express News | PDD Holdings Down 1%, Alibaba and JD.com Fall 1.1% Each
Express News | U.S.-Listed Shares of Chinese Firms Fall Premarket After Domestic Stocks Close at Over Four Month Low
Citi Maintains Li Auto(LI.US) With Buy Rating, Maintains Target Price $29.6
Citi analyst Jeff Chung maintains $Li Auto(LI.US)$ with a buy rating, and maintains the target price at $29.6.According to TipRanks data, the analyst has a success rate of 33.0% and a total average re
China NEV Retail Rises to 856,000 in Jun, Penetration Hits Another Record at 48.4%
Retail sales of BEVs in June were 493,000 units, down 0.5 percent from May, while PHEVs were 363,000 units, up 17.4 percent from May.
li auto inc: The cumulative delivery of the Ideal L7 has exceeded 0.2 million vehicles.
According to the Litchi Financial APP, on July 8th, the official WeChat account of Li Auto Inc (02015) announced that it took 16 months for the Li ONE to have delivered over 200,000 vehicles.
[Brokerage Focus] gf sec rates li auto inc (02015) as "buy," and expects the company to have high growth confidence.
GF Sec released research reports stating that Li Auto Inc (02015) has abundant potential profits in its target market in the medium to long term, with great elasticity for profit growth.
Under heavy pressure from the global slowdown in the electric autos market, LG's new energy fund's profits plummeted 58%.
The continuous slowdown in sales of electric cars has had a significant impact on the performance of LG new energy fund, causing its second-quarter profit to fall short of analyst expectations.
Autos stocks fell, NIO Inc (09866) fell 4.16%. The European Union imposes temporary anti-subsidy taxes on electric cars imported from China.
Jingu Finance News | Auto stocks fell across the board, as of press time, NIO Inc (09866) fell 4.16%, Brilliance Chi (01114) fell 2.87%, Leapmotor (09863) fell 1.91%, and li auto inc (02015) and Xpeng (09868) followed suit.
CICC: Maintain Li Auto Inc-W (02015) 'outperform' rating, target price of HKD 130.
CICC expects that significant recovery in the profitability of LI Auto Inc. still needs to wait for further increase in sales volume in 2H24 and improvement in operation efficiency.
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