---
title: "Li Auto, Inc. Class A (L87) was downgraded to a Sell Rating at China Merchants Securities"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/268517832.md"
description: "Li Auto, Inc. Class A was downgraded to a Sell rating by China Merchants Securities with a HK$74.00 price target. Macquarie also issued a Sell rating, while Goldman Sachs maintained a Buy rating. This reflects mixed analyst opinions on the stock's future performance."
datetime: "2025-12-04T00:29:44.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/268517832.md)
  - [en](https://longbridge.com/en/news/268517832.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/268517832.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/268517832.md) | [English](https://longbridge.com/en/news/268517832.md)


# Li Auto, Inc. Class A (L87) was downgraded to a Sell Rating at China Merchants Securities

Li Auto, Inc. Class A received a Sell rating and a HK$74.00 price target from China Merchants Securities analyst on November 30.

### TipRanks Cyber Monday Sale

-   Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
-   Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off

In addition to China Merchants Securities, Li Auto, Inc. Class A also received a Sell from Macquarie’s Eugene Hsiao in a report issued on November 27. However, on December 2, Goldman Sachs maintained a Buy rating on Li Auto, Inc. Class A (Berlin: L87).

### 相關股票

- [LI AUTO-W (02015.HK)](https://longbridge.com/zh-HK/quote/02015.HK.md)
- [Li Auto (LI.US)](https://longbridge.com/zh-HK/quote/LI.US.md)

## 相關資訊與研究

- [Li Auto Inc. March 2026 Delivery Update | LI Stock News](https://longbridge.com/zh-HK/news/281329247.md)
- [Li Auto Inc. Announces Unaudited Fourth Quarter and Full Year 2025 Financial Results | LI Stock News](https://longbridge.com/zh-HK/news/278846598.md)
- [Short interest in Li Auto surges to record high as firm remains heavily targeted by short sellers](https://longbridge.com/zh-HK/news/273464091.md)
- [Li Auto to open automated charging stations in Q2 to rival Nio's tech](https://longbridge.com/zh-HK/news/279774689.md)
- [Li Auto, Inc. Class A (L87) Receives a Buy from Guotai Haitong](https://longbridge.com/zh-HK/news/279372154.md)