On July 16, Li Auto-W rose 3.22% in regular trading, trading at HK$50.8/share, with turnover of HK$95.28 million.

On the news front, the new generation Li Auto L6 product launch is officially scheduled for today, with the event serving as a key catalyst. The upgraded model features a significant battery capacity increase from 36.8kWh to 51kWh, delivering a WLTC pure electric range of 234 kilometers. The vehicle comes standard with the Mach M100 intelligent driving chip and Qualcomm Snapdragon 8797 cockpit chip, along with a 29-inch 6K panoramic display. Deliveries are expected to begin within one week of the launch.

Additionally, the company has maintained intensive share buybacks throughout July, repurchasing 810,000 shares on July 14 for approximately US$5.04 million, following a US$4.77 million buyback on July 13, signaling strong management confidence. Multiple brokerages have maintained Buy ratings, citing the dual-energy strategy and upcoming model launches as growth drivers. The broader auto sector rallied in tandem, with XPeng up 5.9%, Geely Auto up 3.32%, and Leapmotor up 3.22%.

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