Understanding the Market | Li Auto-W rose over 4%, Morgan Stanley pointed out that the new model cycle launch will help operational recovery
Li Auto-W rose over 4%, as of the time of publication, up 4.22%, reported at HKD 106.3, with a transaction volume of HKD 752 million. In terms of news, on June 20, Li Auto officially announced that its new five-seat mid-large SUV—Li Auto i6—has been publicly listed in the latest issue of the Ministry of Industry and Information Technology. Li Auto CEO Li Xiang posted on Weibo stating: "This is a super spacious two-row five-seat family pure electric SUV, which will be launched in September this year. In addition, the Li Auto i8 will be released in late July." Morgan Stanley's recent research report pointed out that due to intensified price competition and intervention from the Chinese government, some consumers are hesitant, leading to a moderate start in June. Meanwhile, adjustments to Li Auto's channel strategy may also suppress recent sales momentum. Nevertheless, Morgan Stanley believes that this impact will be temporary, and order momentum will soon recover. They do not think that the sluggish sales in June will disrupt the trend of operational recovery in the second half of the year, and the launch of new models will help operational recovery
According to Zhitong Finance APP, Li Auto-W (02015) rose over 4%, with a current increase of 4.22%, priced at HKD 106.3, and a transaction volume of HKD 752 million.
On the news front, on June 20th, Li Auto officially announced that its brand new five-seat mid-to-large SUV—Li Auto i6 has been publicly listed in the latest issue of the Ministry of Industry and Information Technology. Li Auto CEO Li Xiang posted on Weibo stating: "This is an extremely spacious two-row five-seat family pure electric SUV, which will be released in September this year. In addition, the Li Auto i8 will be launched in late July.
Morgan Stanley's recent research report pointed out that due to intensified price competition and intervention from the Chinese government, some consumers are hesitant, leading to a moderate start in June. Meanwhile, adjustments to Li Auto's channel strategy may also suppress recent sales momentum. Nevertheless, Morgan Stanley believes that this impact will be temporary, and order momentum will soon recover. They do not think that the sluggish sales in June will disrupt the trend of operational recovery in the second half of the year, as the launch of new models will help operational recovery
