On September 3, LI AUTO-W rose 4.23% in regular trading, trading at 47.76 HKD/share, with turnover of approximately 62.61 million HKD.

On the news front, the company officially unveiled its next-generation flagship pure-electric MPV, the Li MEGA, on the evening of September 2, offering a single Home edition at a nationwide retail price of RMB 509,800 — a RMB 50,000 reduction from the previous generation — with deliveries commencing within the week. Additionally, the company announced plans to bring a right-hand-drive version of MEGA to Hong Kong, Macau, Singapore, and Thailand by year-end, while the Li i9 pure-electric flagship SUV is set to launch in mid-September, further expanding its EV product lineup.

The stock had been under sustained pressure after Q2 adjusted loss per ADS of RMB 1.49 significantly missed consensus expectations of RMB 0.49, and Q3 revenue guidance came in roughly 15% below market estimates. Meanwhile, the company continued active buybacks, repurchasing approximately 2.65 million shares over September 1-2 for a combined HKD 122 million, providing additional support. The intensive new product cycle is offering a near-term sentiment recovery from prior selling pressure.

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