Li Auto Inc. (LI) Ends Trading Week Defying Market Bloodbath
Li Auto Inc. (LI) Shifts Focus to AI, Unveils Ambitious Plans for Humanoid Robots and Mind GPT Development
Li Auto (2015.HK) is moving towards becoming a Global leading AI company, launching the Li Xiang Tong Xue app, and plans to achieve L3 supervised intelligent driving by 2025.
Core information: The latest vision of Ideal Autos: to connect the physical world and the digital world, becoming a Global leader in AI; an intelligent assistant accompanying you anytime and anywhere - based on the self-developed foundational model Mind GPT, the Ideal classmate App will be fully launched on December 27, enabling functionalities including knowledge Q&A and exploring the world, from the car system to mobile; Ideal Autos believes that L3 represents supervised intelligent driving, not a continuation of L2, but a precursor to L4; "high-speed end-to-end", innovative "AI reasoning visualization" interaction will be fully pushed with the OTA 7.0 version of the car system by the end of December.
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Hong Kong stocks closed (12.27) | The Hang Seng Index fell by 0.04%. The Semiconductors Sector performed strongly. Kingsoft Cloud (03896) stock price hit a historical high.
The Hong Kong stock market experienced a slight dip in the early session but quickly rebounded, with the three major Indices turning positive collectively, and the Hang Seng Index briefly rising over 1%; in the afternoon, the stock index maintained fluctuations, and the Hang Seng Index turned negative again by the end of the session.
US MOVERS&SHAKERS Dec 23-Dec 27, 2024
Electric vehicle sales surpass those of gasoline vehicles! Overseas Institutions marvel: China is far ahead of the West.
① It is expected that by next year, the annual sales of electric Autos in China will exceed those of RBOB Gasoline vehicles for the first time. ② This is seen by some overseas Institutions as an imminent historic milestone: it indicates that China, the largest Autos market in the Global arena, has been far ahead of its Western competitors for several years in the electrification transformation.
Hong Kong stocks are fluctuating | Most Electric Vehicles companies are rising, with November's Electric Vehicle sales continuing to grow significantly year-on-year. The policy subsidies for replacing old vehicles with new ones may continue to benefit in
Most Electric Vehicle companies have risen. As of this report, BRILLIANCE CHI (01114) is up 4.53%, trading at 3.92 HKD; LI Auto-W (02015) is up 3.96%, trading at 98.25 HKD; LEAPMOTOR (09863) is up 1.07%, trading at 33.1 HKD; NIO-SW (09866) is up 3.41%, trading at 36.4 HKD.
Electric Vehicle companies started off positively, with ideal Autos (02015) rising by 4.65%. Institutions state that recent Consumer purchases have shown strong growth.
Jinwu Financial News | Electric Vehicle companies are showing positive trends at the beginning of trading. As of the time of publication, Li Auto (02015) is up 4.65%, Xiaomi Group (01810) is up 4.58%, NIO (09866) is up 3.69%, BRILLIANCE CHI (01114) is up 3.47%, and Guangzhou Automobile Group (02238) is up 1.75%. In terms of news, on December 25, the Passenger Car Association released data showing that from December 1-22, the retail sales of the passenger vehicle market reached 1.692 million units, a 25% increase compared to the same period last December, and a 14% increase compared to the previous month; the cumulative retail sales this year have reached 21.95 million units, showing year-on-year growth.
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U.S. stocks are moving | The company is expected to achieve L3 level intelligent driving by 2025. Li Auto (LI.US) is up over 5%.
On Thursday, Li Auto (LI.US) rose over 5%, reaching $25.81.
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