On July 7, Li Auto-W rose 3.55% in regular trading, trading at 47.16 HKD/share with turnover of 92.69 million HKD, rebounding from the previous session's close of 46.26 HKD.
On the news front, Changjiang Securities recently maintained a Buy rating on Li Auto, citing the company's leading intelligent driving technology and its Dual Energy Strategy expected to expand competitive advantages. The brokerage noted that the new-generation L6 is scheduled for official launch in July, along with L-series model refreshes, the pure electric SUV i9, and the initiation of overseas expansion, all of which could unlock further sales upside.
Additionally, the company has conducted sustained large-scale share repurchases, accumulating billions of HKD in buybacks from late June through early July alone. On June 30, the company repurchased 4.32 million shares for approximately 199 million HKD, followed by further repurchases on July 1 and July 2 totaling over 14.88 million USD, signaling management's confidence in long-term intrinsic value.
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