Li Auto Sees Total Deliveries in 2024 Reach 500,000 Units

CnEVPost05:24 ET

CICC: Maintain the "Outperform Industry" rating for Ideal Autos-W (02015) with a Target Price of 128 HKD.

The company held an Ideal Auto AI Talk event and updated the latest progress in the application of AI technology in smart driving and the Ideal Classmate App, as well as long-term considerations for the company's development under the trend of AI.

Zhitong Finance00:57 ET

Hong Kong stocks moved differently | Autos stocks performed weakly as many car companies cut prices to boost sales towards the end of the year, raising market concerns about a renewed price war.

Auto stocks performed poorly. As of the time of publication, Li Auto-W (02015) fell 3.26%, trading at 94.9 Hong Kong dollars; Guangzhou Automobile Group (02238) dropped 1.71%, trading at 3.44 Hong Kong dollars; Xpeng Motors-W (09868) decreased by 0.86%, trading at 46.1 Hong Kong dollars.

Zhitong Finance22:18 ET

Ideanomics Autos-W (02015.HK) received a Shareholding increase of 1.8466 million shares from Blackrock.

According to the latest equity disclosure information from the Hong Kong Stock Exchange on December 31, Geelong Hui reported that on December 20, 2024, Ideal Autos-W (02015.HK) was increased by BlackRock, Inc. by 1.8466 million shares at an average price of HKD 92.9756 per share, involving approximately HKD 0.172 billion. After the increase, the latest number of shares held by BlackRock, Inc. is 89,130,222 shares, with the shareholding ratio rising from 4.94% to 5.05%.

Gelonghui Finance19:42 ET

Hong Kong stocks morning report on December 31: The total amount of stock buybacks in Hong Kong exceeds 260 billion yuan for the year. In November, overall exports from Hong Kong grew 2.1% year-on-year.

① The company's total repurchase amount in Hong Kong stocks exceeded 263.4 billion Hong Kong dollars for the whole year. ② YUEXIU PROPERTY invested approximately 2.2 billion and jointly won a plot of land in Shanghai. ③ Guolian has completed the transfer of purchased Assets. ④ In November, exports from Hong Kong increased by 2.1% year-on-year.

cls.cn18:44 ET

U.S. stocks closed: The S&P and Nasdaq fell more than 1% for two consecutive days as the shadow of the debt ceiling looms.

① The three major indices of the US stock market continue to decline, with most tech giants weakening, and Chinese concept stocks generally closing lower; ② The issue of the USA debt ceiling is back on the table, pressuring market sentiment; ③ Ackman "promotes goods," leading to a surge in the stock prices of Fannie Mae and Freddie Mac; ④ Hesai Technology's Lidar delivery has reached a milestone.

cls.cn17:30 ET