Movement Alert｜Li Auto-W Rises 3.25% in Regular Trading, Intensive Buybacks and New Model Launches Boost Market Sentiment

Market Focus

Jul 10

On July 10, Li Auto-W rose 3.25% in regular trading, trading at HKD 48.18/share, with turnover of HKD 192 million.

On the news front, the company has conducted intensive share buybacks in recent sessions. From July 6 to July 8, Li Auto repurchased over USD 19 million worth of shares across three consecutive trading days, signaling management confidence in long-term value. On July 8, the company repurchased 1.15 million shares for approximately USD 6.98 million, and on July 9, another 870,000 shares for approximately USD 5.30 million.

Additionally, CEO Li Xiang announced the flagship pure electric SUV Li i9, set to debut in September, while the new-generation Li L6 is scheduled for official launch on July 16. The automobile manufacturing sector rallied broadly today, with Leapmotor up 4.81%, XPeng up 3.34%, Geely Auto up 3.03%, Great Wall Motor up 3.18%, and BYD up 2.78%, providing sector-wide support.

(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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