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| HSI1 | 25,584.79 | +19.05 | 231.21B |
| HSCEI1 | 8,490.39 | +0.08 | 65.14B |
| Back Zoom + Zoom - Block Traded | |
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2026-08-28 15:50:52 CICC issued a report on LI AUTO-W (02015.HK), of which revenue for 1H26 dropped 15.1% YoY and jumped up 11.7% QoQ to RMB25.7 billion. Non-GAAP net loss was RMB1.5 billion. In wake of product mix and cost pressures, the company's results slightly missed market expectations. In view of cost pressures and the full-year product mix, the broker lowered its 2026 and 2027 non-GAAP net profit forecasts to a loss of RMB2.5 billion and a profit of RMB5 billion, respectively, from previous forecasts of a profit of RMB1.1 billion and a profit of RMB8 billion. Considering the broker's earnings forecast revisions and the company's continued enhancement of systematic ADAS capabilities, the broker maintained its Outperform rating, but cut the TP for the H shares and Li Auto Inc. (LI.US) ADR by 15% and 17% to HKD68 and USD17.3. ~ AASTOCKS Financial News Website: www.aastocks.com | |