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05-20

$XIAOMI-W(01810)$  car manufacturers in china are going up a lot today. Shortsellers or big sharks want you to sell Xiaomi by pressing it's price down today. I won't let go off my chips and will continue to hold and average up my position in Xiaomi $BYD COMPANY(01211)$  $XPENG-W(09868)$  $Li Auto(LI)$  

Plunge 18%! At What Price Would You Bottom LI?
Li Auto announced its Q1 2024 results, with net profit declining quarter-on-quarter. The financial report shows that in the first quarter of 2024, Li Auto's total revenue was 25.6 billion yuan, of which automotive sales revenue was 24.3 billion yuan, a year-on-year increase of 32.3% but a quarter-on-quarter decrease of 39.9%. ----------- At what price would you bottom Li Auto? What's your target price after the earnings plunge?
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