UB#LIAUTRC2608E

CHINA OIL & GAS

PETRO-KING

DZUG

CHK OIL

MANY IDEA CLOUD

HAO TIAN INTL

JY GAS

COSCO SHIP DEV

GLOBAL UIN

BG BLUE SKY

02015

09863

01728

Hyundai's February car sales decreased by 5.1% year-on-year

Wallstreetcn

LI AUTO-W

LEAPMOTOR

ZHENGTONGAUTO

GOLD

601339

BROS

01810

81810

XIACY

HXXD

PARA

01211

81211

HYDD

002594

BYDDF

BYDDY

09866

0302 | Dolphin Research Focus: 🐬 Macro/Industry1) Geopolitical tensions in the Middle East have flared, with US/Israel–Iran frictions escalating and risk aversion rising across global markets. As a result, international gold and silver opened broadly higher on Mon., with safe-haven assets bid. Geopolitics remains the key near-term catalyst for precious metals, as flight-to-safety inflows support gold and silver.2) With the Lunar New Year holiday and a slower spending cadence, the dual impact was evident. Feb deliveries among China EV startups were mixed...

Haven Rush Ignites Gold & Silver; BYD to Host 'Disruptive Tech' Press Event｜Daily News Recap

---

09868

516380

516110

CARZ

515030

DRIV

The delivery volume of the Chinese electric vehicle market generally declined in February. Leapmotor delivered 28,067 vehicles, an increase of 11% year-on-year; Xiaomi delivered over 20,000 vehicles, a decrease of 48% month-on-month. Li Auto delivered 26,421 vehicles, a slight increase of 0.6%; Nio delivered 20,797 vehicles, an increase of 57.6% year-on-year. XPeng delivered 15,256 vehicles, a decrease of 50% year-on-year. Geely's new energy vehicle sales reached 117,500 units, accounting for 57% of total sales. BYD delivered 190,000 vehicles, a significant drop of 41% year-on-year

- China electric vehicle companies reported February data with varying delivery numbers.  
- Leapmotor delivered 28,067 vehicles, an annual increase of 11%, while Xiaomi's deliveries dropped 48% month-over-month to over 20,000 units.  
- Overall, the market showed a monthly decline due to factors like the Chinese New Year holiday and the resumption of taxes on new energy vehicles.

Stheadline

BYD COMPANY

BYD Company

BYD Company Limited

NIO-SW

Geely Auto

XPENG-W

GEELY AUTO

GEELY AUTOMOBILE HOLDINGS LIMITED SPON ADS EACH REP 20 ORD

Hwabao WP CSI Intelligent Electric Vehicle ETF

Guotai CSI 800 Automobile and Parts ETF

First Trust S-Network Future Vehicles & Tech ETF

Hua Xia CSI New Energy Vehicles ETF

Global X Autonomous & Electric V

In February, China's electric vehicle deliveries saw Leapmotor leading with 28,000 units, while BYD's sales dropped by 40%

Li Auto delivered 26,421 vehicles in February, marking a 0.6% year-on-year increase, ending an eight-month decline in deliveries. Despite a 4.5% month-on-month drop due to the Spring Festival holiday, the company reported cumulative deliveries of 1,594,304 units. Li Auto is facing challenges in its battery electric vehicle transition and will release its financial results on March 12. To boost sales, it has introduced a profit-sharing program for store managers and plans to launch updated models, including the Li L9 flagship SUV, in the second quarter.

- Li Auto delivered 26,421 vehicles in February, achieving a slight 0.6% year-on-year increase after eight months of decline.  
- The Spring Festival holiday negatively affected month-on-month deliveries, which dropped 4.5%.  
- Facing competition in the electric vehicle market, Li Auto will launch new models and introduced a profit-sharing program to boost sales among store managers.

CnEVPost

Li Auto

Li Auto snaps 8-month sales decline as Feb deliveries hold steady despite holiday

159323

Li Auto Inc., a major player in China's new energy vehicle sector, disclosed that it successfully distributed 26,421 vehicles in February 2026, boosting its cumulative deliveries to 1,594,304 by February 28, 2026. The company is listed on Nasdaq under the symbol LI and on HKEX under the code 2015.

Unusual Whales

ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF

Li Auto delivered 26,421 vehicles in Feb 2026, totaling 1,594,304 deliveries as of that date.

Li Auto Inc. delivered 26,421 vehicles in February 2026, bringing cumulative deliveries to 1,594,304. The company launched OTA update version 8.3 and provided over 1.45 million charging sessions during the Spring Festival. Li Auto plans to launch the all-new Li L9 in Q2 2026 and operates 4,054 super charging stations across China. The company focuses on developing premium smart electric vehicles and aims to expand its product lineup. Forward-looking statements regarding future performance and risks are included in the press release.

- Li Auto Inc. delivered 26,421 vehicles in February 2026, bringing its cumulative deliveries to 1,594,304 by February 28, 2026.  
- The company introduced OTA update version 8.3, enhancing its smart vehicle functionalities, and supported over 1.45 million charging sessions during the Spring Festival with a network of over 4,000 charging stations.  
- Li Auto plans to launch the all-new Li L9 in the second quarter of 2026, while maintaining its focus on developing innovative electric vehicle technologies and expanding its product lineup.

StockTitan

Li Auto Inc. February 2026 Delivery Update | LI Stock News

CARU

159565

Li Auto has launched a store profit-sharing program to incentivize sales managers and enhance store profitability amid increasing domestic competition. This initiative, part of a major restructuring of its retail network, allows select managers greater operational autonomy and accountability for overall performance. Following a decline in deliveries, Li Auto aims to improve efficiency and redirect resources to high-potential areas while preparing for a new product cycle with a target of 550,000 units in 2026.

- Li Auto has launched a store profit-sharing program to motivate sales managers and enhance store profitability amidst rising competition in the domestic market.  
- The initiative grants select core store managers operational autonomy, enabling them to participate in profit sharing and transition into broader managerial roles.  
- Following a significant decline in deliveries and underperforming stores, this restructuring aims to improve operational efficiency while preparing for a new product cycle and ambitious sales targets.

Max Auto Industry 3X Leveraged ETN

E Fund CSI Auto Components Thematic ETF

Li Auto rolls out profit-sharing for store managers to revive sales

Li Auto will report its Q4 2025 earnings on March 12, following a challenging period marked by a 31.19% year-on-year decline in vehicle deliveries, totaling 109,194 units. The company faced its first quarterly loss in three years in Q3 2025, attributed to declining sales and increased competition. Li Auto's revenue guidance for Q4 indicates a significant year-on-year decline. The automaker plans to refocus on its extended-range electric vehicle (EREV) business in 2026 and will address production challenges and competition during the upcoming earnings call.

- Li Auto delivered 109,194 vehicles in Q4 2025, a 31.19% year-on-year decline, facing challenges like eight months of declining sales and its first quarterly loss in three years.  
- The company attributed this performance to fierce competition, underperforming electric vehicle models, and production delays, leading to a net loss of RMB 624 million in Q3 2025.  
- Li Auto plans to refocus on its extended-range electric vehicle business in 2026, with a new flagship SUV set to launch in Q2, while investors await guidance on overcoming recent setbacks.

Li Auto to report Q4 earnings on Mar 12 following return to loss and BEV struggles

562700

562260

159306

Hyundai Motor Group has signed a deal to invest approximately $6.3 billion (9 trillion won) in South Korea to establish an AI data center, a robot manufacturing factory, and other developments. The investment includes 5.8 trillion won for the AI data center, 400 billion won for the robot factory, 1 trillion won for hydrogen production facilities, and 1.3 trillion won for solar generation. This initiative is part of a larger national land reclamation project aimed at boosting industrial growth in the region.

fidelity

ChinaAMC CSI Auto Components Thematic ETF

HFT CSI Auto Components Thematic ETF

Ping An CSI Auto Components Thematic ETF

Hyundai Motor Group to invest $6.3 billion in AI data centre, robot factory in South Korea

STECH

00020

00HSI

01698

The Hang Seng Index opened up 0.25%, and the Hang Seng TECH Index rose 0.15%. SenseTime increased by over 4%, Tencent Music rose by over 3%, and Trip.com, XPeng, and Li Auto all rose by over 1%

Hang Seng TECH Index

Tencent Music

SENSETIME-W

Hang Seng Index

TME-SW

Li Auto Inc. will report its unaudited financial results for Q4 and full year 2025 on March 12, 2026, before U.S. market opens. An earnings conference call will be held at 8:00 A.M. U.S. Eastern Time on the same day. Participants can register online for access details. A replay will be available until March 19, 2026. Li Auto is a leader in China's new energy vehicle market, focusing on smart electric vehicles and innovative technologies.

- Li Auto Inc. will report its unaudited financial results for Q4 and full year 2025 before U.S. markets open on March 12, 2026.  
- An earnings conference call will take place on the same day at 8:00 A.M. U.S. Eastern Time, with registration required for participants.  
- Li Auto is a leader in China's new energy vehicle market, known for its innovations in electric vehicle technology, with a focus on expanding its product lineup.

Li Auto Inc. to Report Fourth Quarter and Full Year 2025 Financial Results on March 12, 2026 | LI Stock News

09888

DRAG

The NASDAQ Golden Dragon China Index preliminarily closed down 1.8%. Among popular Chinese concept stocks, Baidu fell 5.6%, BYD fell 4.2%, Meituan fell 3.2%, Li Auto fell 3%, Alibaba fell 2.8%, and Xiaomi, XPeng, WERIDE, and Nio all fell over 2%. Pony.ai rose 4.7%. In terms of ETFs, KWEB preliminarily closed down 2.4%, and CQQQ fell 1.9%

BIDU-SW

Roundhill China Dragons ETF

MEITUAN

iShares MSCI China

WERIDE-W

Invesco Golden Dragon China

BABA-W

NASDAQ Golden Dragon China Index

KraneShares 2x Long BABA Daily ETF

VIPS

TCTZF

688472

The NASDAQ Golden Dragon China Index preliminarily closed down 0.4%. Among popular Chinese concept stocks, CSI Solar fell 5.3%, New Oriental fell 5.1%, Daqo New Energy fell 2.9%, XPeng fell 2.7%, and GDS fell 2.4%. NetEase and Li Auto fell over 1%, while Alibaba and Tencent fell about 0.5%. Vipshop rose 1.9%, Atour rose 2.5%, Beike rose 3%, and Tiger Brokers rose 4.2%

Vipshops

Tencent Holdings Limited

CSI Solar

NETEASE MUSIC

Tencent

XPeng

Daqo New Energy

Daqo Energy

NTES-S

NetEase

Watching $MNSO(09896.HK), $CHERY AUTO(09973.HK), $MONTAGE TECH(06809.HK), and $LI AUTO-W(02015.HK) all lie flat together today, it's really hard to hold back my emotions. The drop is truly generous. I thought the semiconductor and auto sectors could hold up, but they ended up getting a harsh lesson. It feels like the capital isn't giving any face at all, and external factors aren't helping either. Looking at the tech growth line just makes me feel more and more uneasy. Now I just want to say: keep some base positions and watch the show with a Zen attitude. If you panic and reduce your position, your heart will turn cold. Does Hong Kong stocks really only have prayers left?

MONTAGE TECH

Montage Technology

MNSO

Miniso

CHERY AUTO

Today’s Key News Recap

Gold.com

Dutch Bros

XIAOMI-W

XIAOMI-WR

Xiaomi Corporation

Xiaomi HK SDR 2to1

Paramount Global

Warner Bros. Discovery

BYD COMPANY-R

BYD HK SDR 10to1

NIO Inc. USD OV

NIO Inc

Netflix

BOYD Gaming

Feb 6 | Dolphin Research focus: 🐬 Stock 1, $BABA-W(09988.HK) Alibaba's Qwen app launched a 'Spring Festival RMB 3bn free-order' campaign today. The first wave centers on AI one-line prompts to order milk tea for free.Notably, WeChat further blocked today the promo passwords for red-envelope campaigns run by both Alibaba Qwen and Tencent Yuanbao. As a result, those keywords can no longer be copied or recognized in private or group chats.The move aims to protect WeChat's platform ecosystem and curb over-marketing that disrupts user experience. It also helps defend its social-traffic moat...

TENCENT

TENCENT-R

BABA-WR

Alibaba

Amazon

Roblox

DingDong

Alibaba HK SDR 5to1

MEITUAN-WR

Tencent HK SDR 10to1

Meituan HK SDR 5to1

Meituan

Alibaba Qwen's Lunar New Year free-order promo was blocked by WeChat; Nio surged after its first-ever quarterly profit | Daily News Recap

---

$LI AUTO-W(02015.HK) A total of 30,000 shares, all cleared. Tired. The car is good, but Li Xiang, his brain is broken. Goodbye;

$LI AUTO-W(02015.HK)Li Auto's cars are not bad, but currently Li Xiang seems to have some issues. Planning to liquidate and cut losses on Li Auto, freeing up funds to fully invest in $Recursion Pharmaceuticals(RXRX.US) Execution planned for next week

Recursion Pharmaceuticals

0119 | Dolphin Research Watchlist: 🐬 Macro/Industry1) Per the National Bureau of Statistics, 2025 GDP was RMB 140.2tn, up 5.0% YoY in real terms, meeting the full-year target. Q4 growth eased, but the Dec PMI returned to expansion, pointing to improving production sentiment. Infra investment and net exports provided the key support, while consumption and property remained weak.2) Trump, seeking to 'buy Greenland', announced tariffs on eight European countries. The move targets Denmark, Germany and others...

Bio-Techne

Tesla

Micron Tech

China GDP +5% for the year; TSLA AI5 chip design near completion | Daily News Recap

UB#LIAUTRC2608E(54694.HK)

Hyundai's February car sales decreased by 5.1% year-on-year

Haven Rush Ignites Gold & Silver; BYD to Host 'Disruptive Tech' Press Event｜Daily News Recap ---

In February, China's electric vehicle deliveries saw Leapmotor leading with 28,000 units, while BYD's sales dropped by 40%

Li Auto snaps 8-month sales decline as Feb deliveries hold steady despite holiday

Li Auto delivered 26,421 vehicles in Feb 2026, totaling 1,594,304 deliveries as of that date.