$Li Auto(LI)$ Li Auto delivered 12300 units last week, maintaining its position as top emerging EV brand in China's market for 30 weeks in a row. Thats really sick considering they target the higher tier of EV category. For information,$XPeng Inc.(XPEV)$ is at 4th,$NIO Inc.(NIO)$ is at 8th, Xiaomi is at 7th. This is despite Li Auto not releasing any new models. Rumours are spreading fast in China that a new Li Auto EV Sedan is on the streets. Buy it while its still low and wait till it explodes. $Boyd Gaming(BYD)$$Tesla Motors(TSLA)$ &nbs
$RTX Corp(RTX)$ Pratt & Whitney, an RTX (NYSE:RTX) business, has been awarded a contract valued up to $1.3B to continue work on the F135 Engine Core Upgrade, which will deliver enhanced durability to the engine. "This contract is critical to continuing our positive forward momentum on this program..It allows us to continue work in the risk reduction phase with a fully staffed team focused on design maturation, aircraft integration, and mobilizing the supply base to prepare for production." said Jill Albertelli, president of Pratt & Whitney's Military Engines business. Good Luck to all 👍🏻👍🏻👍🏻
$LI AUTO-W(02015)$ $Li Auto(LI)$ $NIO Inc.(NIO)$ $XPeng Inc.(XPEV)$ $Boyd Gaming(BYD)$ Ideal Automobile (Li Auto) 1) Cash Reserves more than 100B 2) Strategic Overseas Market Expansion Translated By Google. Article by Chinese Media Since August this year, the retail penetration rate of new energy passenger vehicles has continuously exceeded 50%. New energy vehicles have gradually occupied a dominant position in the market, and the brand head effect has become more and more obvious. In the new energy vehicle market of more than 200,000 yuan, the con
China has ‘room’ for higher debt, more policy support, finance minister says
China’s Ministry of Finance begins press conference, will tap unused bond reserve to aid real estate, local governments 10:36AM ‘Srongest’ debt relief measures planned Finance Minister Lan has laid out what he has termed the “strongest” debt relief measure undertaken by China in years. To alleviate debt pressures on local governments, he said, a one-time, large-scale debt ceiling increase will be employed to swap with local governments’ hidden debts. The ministry will continue to allocate a portion of annual special bonds specifically to address existing debt related to government investment projects, he added. $LI AUTO-W(02015)$ $Li Auto(LI)$
$LI AUTO-W(02015)$ BEIJING - Chinese electric vehicle maker Li Auto Inc . (NASDAQ:LI) reported better-than-expected third-quarter results on Wednesday Li Auto posted adjusted earnings per share of RMB3.63 ($0.52) for the quarter ended September 30, surpassing analyst estimates of RMB2.68. Revenue came in at RMB42.9 billion ($6.1 billion), topping the consensus forecast of RMB41.6 billion and representing a 23.6% increase YoY. We achieved record-breaking deliveries in the third quarter, further cementing our leadership among Chinese automotive brands in the RMB200,000 and above NEV market," said Xiang Li, chairman and CEO of Li Auto. Vehicle sales rose 22.9% YoY to RMB41.3 billion ($5.9 billion). Gross margin contracted slightly to 21
$LI AUTO-W(02015)$ $LI AUTO-W(02015)$ BEIJING - Chinese electric vehicle maker Li Auto Inc . (NASDAQ:LI) reported better-than-expected third-quarter results on Wednesday Li Auto posted adjusted earnings per share of RMB3.63 ($0.52) for the quarter ended September 30, surpassing analyst estimates of RMB2.68. Revenue came in at RMB42.9 billion ($6.1 billion), topping the consensus forecast of RMB41.6 billion and representing a 23.6% increase YoY. We achieved record-breaking deliveries in the third quarter, further cementing our leadership among Chinese automotive brands in the RMB200,000 and above NEV market," said Xiang Li, chairman an
The header information all wrong. Net Income and Net Earnings Per Share Net income was RMB2.8 billion (US$401.9 million) in the third quarter of 2024, representing an increase of 0.3% from RMB2.8 billion in the third quarter of 2023 and an increase of 156.2% from RMB1.1 billion in the second quarter of 2024. Non-GAAP net income was RMB3.9 billion (US$548.8 million) in the third quarter of 2024, representing an increase of 11.1% from RMB3.5 billion in the third quarter of 2023 and an increase of 156.2% from RMB1.5 billion in the second quarter of 2024. Basic and diluted net earnings per ADS attributable to ordinary shareholders were RMB2.82 (US$0.40) and RMB2.66 (US$0.38) in the third quarter of 2024, respectively, compared with RMB2.86 and RMB2.67 in the third quarter of 2023, respec
Time to Join HK stocks again? - China's finance ministry to detail fiscal policy for economy boost on Sat
$Li Auto(LI)$ BEIJING – China will hold a briefing on fiscal policy on Oct 12 as investors look for additional measures to stimulate the world’s No. 2 economy. The State Council Information Office announced the event on Oct 9. Finance Minister Lan Fo’an will introduce moves to strengthen fiscal policy to shore up growth and answer questions from reporters, according to the notice. Many expect an announcement by the Ministry of Finance, typically tasked with issuing bonds to support stimulus measures, after the National Development and Reform Commission (NDRC) disappointed on Oct 8 by announcing no major pro-growth steps after the long national holiday. Banks including Morgan Stanley and HSBC Holdings expect two
$LI AUTO-W(02015)$ Oct 1 (Reuters) - Li Auto Inc : * DELIVERED 53,709 VEHICLES IN SEPTEMBER 2024, UP 48.9% Further company coverage: ((Reuters.Briefs@thomsonreuters.com;)) Good Luck to all 👍🏻👍🏻👍🏻
$LI AUTO-W(02015)$ $Li Auto(LI)$ On November 15, 2024, Ideal Automobile (Li Auto) debuted at the 2024 Guangzhou International Automobile Exhibition with the Ideal L series and Ideal MEGA, and held the 2024 Guangzhou International Auto Show Intelligent Press Conference. Ideal Automobile announced the latest progress of the new generation of intelligent driving technology architecture - end-to-end + VLM dual system, and announced that the OTA 6.5 version of the vehicle-computer system will be officially pushed at the end of November, with new parking space-to-park intelligent driving, R-MAI backward false acceleration suppression, an