Movement Alert｜Li Auto-W Rises 3.27% in Regular Trading, New L8 Five-Seat Flagship SUV Launch Boosts Sentiment

Market Focus06-24 09:44

On June 24, Li Auto-W rose 3.27% in regular trading, trading at 49.54 HKD/share, with turnover of approximately 89.76 million HKD. The stock rebounded following its 5.03% decline the previous session, as the company officially launched the all-new Li Auto L8 five-seat flagship SUV on June 23.

The new L8 comes in two variants — Ultra and Livis — priced at 369,800 yuan and 429,800 yuan respectively, with first-sale promotional pricing starting at 359,800 yuan. The vehicle features self-developed Mach M100 chips, 5C fast-charging battery technology, dual zero-gravity second-row seats, and advanced intelligent driving capabilities. Li Auto Chairman Li Xiang stated the new L8 aims to match the rear-seat comfort of a Maybach GLS and the driving dynamics of a BMW X5M. The launch marks a strategic pivot from six-seat to native five-seat architecture, targeting the 300,000-400,000 yuan premium SUV segment. Multiple brokerages including Huatai Securities, Dongwu Securities, and 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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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