Weekly Recap | LI AUTO-W -6.82%, record low on weak deliveries
Weekly Review·
- Li Auto - W fell 6.82% this week to close at 42.62 HKD, hitting a historical low and underperforming the Hang Seng Index.
- Key events included continuous share buybacks, a year-on-year drop of over 6% in September deliveries, and a broader market downturn.
- Despite 26 institutional ratings averaging a buy with a target of 58.36 HKD, market focus remains on whether upcoming deliveries can stabilize and competition in the new energy vehicle sector.
