Weekly Recap | LI AUTO-W -8.06%, consensus target above spot
Weekly Review·
- Li Auto -W accumulated an 8.06 % decline this week to close at 46.34 HKD, underperforming the Hang Seng Index by 5.67 percentage points amid low trading volume.
- The company advanced multiple initiatives including the upcoming September 16 launch of the i9 SUV, European market expansion, and a mid-term report filing.
- Twenty-six institutions cover the stock with a consensus buy rating and a target price of 60.65 HKD, indicating a 30.89 % upside potential from the current price.