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LI AUTO-W Slips ~3% in Early Trading; 1Q26 Rev. Expected to Fall Max. 21.3%
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LI AUTO-W (02015.HK) opened 1.71% lower today (13th) and once bottomed at HKD67.4. It last traded at HKD68.2, down 2.78%, with a volume of 2.6975 million shares, involving HKD184 million.

The carmaker reported a non-GAAP net profit of RMB261 million for 4Q25, down 93.5%. According to its guidance for 1Q26, its vehicle deliveries are expected to drop by 3.1-8.5% YoY to 85,000-90,000 units, while total revenue will likely decrease by 16.7-21.3% to RMB20.4-21.6 billion.

Related NewsJPM Envisions CN Auto Industry to Rebound in 2Q26 w/ PV Demand Growing ~30%

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