On July 17, Li Auto-W fell 3.25% in regular trading, trading at HK$48.76/share, with turnover of HK$211 million. The decline came just one day after the company officially launched its new-generation L6 all-wheel-drive SUV at a nationwide retail price of RMB 249,800, which had driven a 3.22% gain in the prior session.

The broader automobile manufacturing sector saw widespread selling pressure. Among sector peers, XPENG-W fell 7.87%, Geely Auto declined 5.31%, Leapmotor dropped 4.30%, BYD Company lost 3.46%, and Great Wall Motor slid 1.25%. The sector-wide retreat contrasts with Li Auto's recent positive catalysts, including the new L6 featuring a 51kWh battery with 300km CLTC pure-electric range, the proprietary Mach M100 smart driving chip, and continued aggressive share buybacks totaling over US$30 million in the past week alone. Multiple brokerages including Changjiang Securities maintain Buy ratings on the stock.

(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.)