Li Auto Inc. (LI)
Pre-Market:
- Yahoo Finance Video
Alibaba, JD.com lead Chinese tech rally
Chinese tech stocks rallied Wednesday, with major players like Alibaba (BABA), JD.com (JD), PDD Holdings (PDD), Baidu (BIDU), and Li Auto (LI) all posting gains. The surge follows a series of economic stimulus measures and fiscal policies recently implemented by the Chinese government aimed at boosting the nation's economy. Morning Brief co-hosts Seana Smith and Madison Mills breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
- Zacks
NIO, XPeng & Li Auto Report September & Q3 Delivery Results
NIO, XPEV and LI report a rise in September and third-quarter 2024 deliveries.
- Barrons.com
BYD, XPeng Post Record Deliveries. Chinese EV Stocks Are Flying.
Li Auto reported its delivery figures first, late Monday night in the U.S. It delivered 53,708 vehicles in September, up from 36,060 delivered in September 2023. For the quarter, Li delivered almost 153,000 vehicles, up about 45% year over year and at the high end of its guidance range given in August of 145,000 to 155,000 vehicles. For the third quarter, it delivered about 61,855 cars, up 12% year over year and in line with its guidance range given in September of 60,000 to 64,000 vehicles.
