Movement Alert|LI AUTO-W Falls 3.09% in Regular Trading, July Deliveries Decline Both YoY and MoM as Only Declining Brand Among Top NEV Players

Market Focus
08/03

On August 3, LI AUTO-W fell 3.09% in regular trading, trading at HK$51.75/share, with turnover of HK$348 million.

On the news front, the company reported July deliveries of 30,468 vehicles, down 0.9% year-over-year and 1.4% month-over-month, making it the only major new energy vehicle brand to post declines on both metrics. In contrast, competitors showed stronger momentum during the same period: Leapmotor surpassed 100,000 monthly deliveries, XPeng delivered 38,027 units, and NIO delivered 35,934 units, highlighting accelerating competitive divergence.

Market participants are increasingly concerned about intensifying competition in the extended-range segment, particularly as Xiaomi prepares to launch its own extended-range models targeting LI AUTO-W's core market. Additionally, the Hang Seng Index turned lower in the afternoon session, with broader market weakness exacerbating selling pressure on individual stocks.

(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.)

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