On August 24, LI AUTO-W declined 3.05% in regular trading, trading at HKD 49.68/share, with turnover of HKD 215 million. The drop came as institutional sentiment turned cautious ahead of the company's Q2 earnings report scheduled for August 26.

Market consensus expects LI AUTO-W to report quarterly revenue of approximately RMB 25.08 billion, representing a 17.31% year-over-year decline, with EBIT estimated at approximately negative RMB 2.004 billion, a deterioration of 284.14% year-over-year. Institutions broadly indicated they prefer to wait for delivery data confirmation and gross margin recovery evidence before adjusting earnings forecasts, maintaining a cautious stance on near-term share price elasticity.

Industry data further weighed on sentiment, with LI AUTO-W's January-July SUV sales showing a declining year-over-year trend. July deliveries totaled approximately 30,700 units, making it the only leading new energy vehicle brand to post a year-over-year decline. The broader auto sector also traded weak, with XPENG-W down 2.08%, LEAPMOTOR down 1.97%, GEELY AUTO down 1.81%, and BYD COMPANY down 0.38%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)