---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/41250534.md"
description: "$LI AUTO-W(02015.HK) are the two worst stock purchases I made this year. One is Horizon Robotics, the other is Li Auto. I thought the former was high-tech, but it turns out it's commonplace with no real barriers. The latter relied on product positioning to gain a foothold in the short term, but it also lacks competitive barriers, with neither ecosystem nor technology being competitive. I'm paying the price for my misjudgment. It's time to cut the losses."
datetime: "2026-05-29T05:48:11.000Z"
locales:
  - [en](https://longbridge.com/en/topics/41250534.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/41250534.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/41250534.md)
author: "[明月照平湖](https://longbridge.com/en/profiles/23743078.md)"
---

# $LI AUTO-W(02015.HK) are the two worst stock purch…


### Related Stocks

- [02015.HK](https://longbridge.com/en/quote/02015.HK.md)
- [LI.US](https://longbridge.com/en/quote/LI.US.md)

## Comments (4)

- **股票大杀四方 · 2026-05-29T14:17:03.000Z**: And Xiaomi
  - **明月照平湖** (2026-05-29T14:19:04.000Z): Yes, Xiaomi is too.
- **淡泊妞妞 · 2026-05-29T06:50:55.000Z**: Li Auto still has two years of decline, withdraw if you can.
  - **明月照平湖** (2026-05-29T14:19:18.000Z): Is it that bad?