&#34;Stock Market Brief&#34; Li Auto's US stock pre-market once fell 3.8%, with adjusted net profit in the first quarter down 20% year-on-year
\* Chinese electric vehicle company Li Auto's US stock LI.O fell 3.8% in pre-market trading on Thursday; the company previously announced that its adjusted (Non-GAAP) net profit in the first quarter decreased by 20% year-on-year.
\* During the same period, Nio's US stock NIO.N and XPeng's US stock XPEV.N rose by 2.5% and 5.4%, respectively.
\* Li Auto's financial report shows that its adjusted net profit in the first quarter was 1.02 billion yuan, compared to 1.28 billion yuan in the same period last year, representing a year-on-year decline of 20.3%; revenue was 25.9 billion yuan, an increase of 1.1% year-on-year, but a decrease of 41.4% quarter-on-quarter.
Previously, LSEG's comprehensive analyst expectations for Li Auto's first-quarter revenue averaged 25.08 billion yuan.
\* Li Auto's Hong Kong stock 2015.HK closed down 0.6% on Thursday, with its US and Hong Kong stocks up 16.2% and 15.2%, respectively, year-to-date.
For more stock market briefs, please click CN-CMN-HOT
(Reported by Wang Zhenzhen; Edited by Lin Gaoli)
(( jenny.wang@thomsonreuters.com))

02015

"Stock Market Brief" Li Auto's U.S. stock pre-market once fell 3.8%, with adjusted net profit in the first quarter down 20% year-on-year

- Li Auto's U.S. stock (LI.O) fell by 3.8% pre-market after reporting a 20% year-on-year decline in adjusted net profit for Q1.  
- In contrast, NIO (NIO.N) and Xpeng (XPEV.N) saw increases of 2.5% and 5.4%, respectively.  
- Li Auto's Q1 adjusted net profit was 1.02 billion RMB, down from 1.28 billion RMB, with revenue of 25.9 billion RMB, reflecting a 1.1% year-on-year increase but a 41.4% quarter-on-quarter decrease.

Reuters