Understanding the Market | Li Auto-W fell nearly 4% in early trading, company responds to the Shanghai Li Auto MEGA fire incident
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Li Auto-W fell nearly 4% in early trading, and as of the time of writing, it has dropped 2.99%, trading at HKD 84.3, with a transaction volume of HKD 1.062 billion. Due to a fire in a Li Auto MEGA in Shanghai, Li Auto responded that the doors opened smoothly during the incident, and all passengers safely exited the vehicle. September delivery data decreased by 36.8% year-on-year. HSBC Research maintains a "Buy" rating but has lowered its sales and profit forecasts for 2025 to 2027
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