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<Research>M Stanley: LI AUTO-W (02015.HK) Rallies Tdy, Expected to Be Driven by New Car Model Launch & High-frequency Investors' Short-selling
Recommend 12 Positive 17 Negative 3 |
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LI AUTO-W (02015.HK) was popular today (25th), and last surged 12% to $118.9, becoming the biggest gainer among blue chips. LI AUTO-W's H-share is jumping up this morning after the Company released official photos for i8, its second BEV model, Morgan Stanley issued a research report saying. Aside from the above event-driven rally, LI AUTO-W's share price shot up today, driven by the 53%/ 46% YTD hike in the share prices of its peers XPENG-W (09868.HK)/ BYD COMPANY (01211.HK) and some high-frequency investors' short-selling on LI AUTO-W. Therefore, Morgan Stanley rated Li Auto (LI.US) at Overweight, with a target price of US$32. AAStocks Financial News |
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