LI May 2024 22.000 put
- Yahoo Finance Video
Li Auto stock slides on Q1 earnings, net profit decline
Shares of Li Auto (LI) are falling in Monday's pre-market session after the Chinese car company reported net profit declines and missed quarter-over-quarter EV delivery estimates. Morning Brief Hosts Seana Smith and Brad Smith check out the electric vehicle maker's latest earnings print. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- South China Morning Post
Hong Kong stocks retreat as sentiment cools, Li Auto sinks 19% after dismal earnings
Hong Kong stocks declined by the most in five weeks, pulling back from 10-month highs as Li Auto's earnings fell short of market expectations and sparked concerns about corporate financial performances in the world's second largest economy. The Hang Seng Index lost 1.9 per cent to 19,265.74 as of 3.30pm local time, the biggest retreat since April 16. The Tech Index lost 3.8 per cent while the Shanghai Composite Index weakened 0.4 per cent. EV maker Li Auto's plunged 18.7 per cent to HK$81.20, it
- Barrons.com
Tesla Stock Hit by China Woes, Particularly Earnings From Li Auto
The fall in Tesla shares on Monday came after Chinese electric-vehicle maker Li Auto posted weaker-than-expected earnings.
