On July 14, Li Auto-W (02015.HK) rose 3.01% in regular trading, trading at HK$48.54/share, with turnover of approximately HK$347 million.

The movement was primarily driven by a confluence of catalysts: the new-generation Li Auto L6 is scheduled for official launch on July 16, with CEO Li Xiang previewing the model as the segment's \"experience king\" featuring class-leading materials and configurations. Meanwhile, the company's flagship EV SUV, the i9, has been confirmed for a September debut with a 5,225mm body length and 3,168mm wheelbase.

On the capital return front, Li Auto has maintained intensive share repurchases throughout July, with cumulative weekly buyback spending exceeding US$28 million. Between July 1-10, the company executed multiple daily buybacks ranging from US$194,000 to US$771,000 per transaction, bringing total shares repurchased under the current authorization to approximately 52 million shares, or 2.43% of outstanding capital.

The broader auto sector provided additional support, with NIO rising 7.86%, BYD up 2.92%, and XPeng gaining 2.66%. Li Auto's i6 also captured the H1 mid-large SUV sales crown with cumulative deliveries exceeding 120,000 units, reinforcing product momentum. Changjiang Securities maintains a Buy rating, citing the \"dual-energy strategy\" and upcoming product cycle expansion.

(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.)