On September 25, LI AUTO-W fell 3.12% in regular trading, trading at HKD 45.36, with turnover of HKD 12.30 million. The decline was driven by the confirmed postponement of the 2026 Li i6 launch and a sector-wide selloff in automobile stocks.

On the news front, LI AUTO CEO Li Xiang publicly addressed the delay, explaining that the 2026 Li i6 entered the MIIT catalog in early September and is not expected to receive the vehicle qualification certificate until late October, pushing the official launch from the original schedule to late October. Delivery timing, however, remains unchanged at early November. The new model features LI AUTO's proprietary 5C battery and in-house Mach chip. The delayed product cadence has weighed on near-term market sentiment.

Within the Automobile Manufacturers sector, stocks declined broadly. Among peers, BYD COMPANY fell 3.27%, XPENG-W fell 2.73%, CHERY AUTO fell 2.32%, GEELY AUTO fell 2.41%, and NIO-SW fell 2.18%. Separately, the company has maintained an active buyback program, repurchasing 890,100 shares on September 22 for approximately HKD 40.57 million, signaling management confidence.

(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.)