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Li Auto Newsroom
Express News | Ideal Autos: On November 29, 2024, the 1,100th Ideal Supercharging station went online. The number of high-speed Ideal Supercharging stations has exceeded 600, with nearly 500 cities having Ideal Supercharging stations online.
Data reveals | What did Northern funds buy in November? They crazily invested nearly 10.6 billion Hong Kong dollars in Alibaba and increased their holdings in Tencent by nearly 8 billion Hong Kong dollars.
In November, Southbound funds "fiercely attacked" Hong Kong stocks, with a cumulative net buy amount of over 120 billion Hong Kong dollars, hitting a new high in nearly three years.
US stocks closed | The three major indices rose together, the Dow and S&P continued to hit historical highs; most large technology stocks rose, nvidia rose more than 2%, Tesla soared more than 38% in the month, the best performance in nearly two years
US stocks posted weekly gains of over 1%, with the Dow rising by 7.5% in November and the S&P up 5.7%, both achieving the best performance of the year. The Nasdaq accumulated an increase of over 6%, small-cap indices rose by nearly 11%, the chip index rose by 1.5% on Friday but declined monthly, and Tesla saw a monthly increase of over 38%, its best performance in nearly two years.
What's Going On With Li Auto Stock Friday?
Launch a general attack on Ideal towards BBA.
Sharpening knives vigorously.
Express News | More than ten car companies such as Ideal and Tesla are promoting sales momentum, and experts expect a strong year-end market performance to emerge.
Geely sent knives to suppliers to bargain? The latest response from both parties!
Source: Securities Times Author: An YuFei Che Auto Enterprises not only send letters to suppliers to negotiate prices, but also "give knives"? Geely has clarified! Recently, the news that "BYD (01211.HK) and SAIC Datong are asking suppliers to reduce prices by 10%" has been fermenting. The incident of the general manager of Geely Automotive (00175.HK) parts purchasing company giving a knife to Chen Yudong, former president of Bosch China in 2023, has also been dug out, interpreted as Geely "sending a knife to negotiate prices." On November 29, Chen Yudong responded on his social media saying: "The knife is real, and the person who gave the knife is a good brother, not for price reduction."
Li Auto Reshuffles Smart Driving Team to Bolster Long-term Readiness, Report Says
Hefei issued 44 million yuan in consumer vouchers and Ideal launched a zero-interest financial plan. Local governments and car companies are competing for the year-end "consumption wave".
① On November 29, according to the Hefei Municipal Bureau of Commerce, from November 29 to December 8, 2024, new consumer vouchers for autos will be issued in Hefei, totaling 44 million yuan. ② On the same day, Li Auto announced a limited-time 0% interest policy until the end of the year. From now until December 31, users purchasing the Li L-series and Li MEGA can enjoy a minimum down payment financing plan with 0% interest for 3 years.
Express News | The first 0.01 million units of the Ideal MEGA mass-produced vehicles have rolled off the production line.
Hong Kong stock abnormal movement | Ideal autos (02015) rose nearly 5% in the morning, the company launched a limited-time zero-interest car purchase policy. Institutions expect the acceleration of the automotive industry elimination race.
Li Auto (02015) rose nearly 5% in the morning; as of the time of writing, it is up 4.5%, priced at 91.7 Hong Kong dollars, with a transaction volume of 0.467 billion Hong Kong dollars.
Express News | The Hang Seng Index rose by 1%, with xinyi solar and haidilao both increasing by over 5%.
Express News | Ideal autos' asia vets driving has changed again: the end-to-end department is independent, strengthening technological research and development.
Li Auto Launches 3-year 0-interest Financing Incentive for All Models
Ideal automobiles (02015.HK) is launching a limited-time interest-free car purchase policy by the end of the year.
Li Auto-W (02015.HK)(LI.US) announces a year-end limited-time zero-interest policy. From today (29th) to December 31, users purchasing the Li Auto L series and Li Auto MEGA can enjoy a minimum down payment three-year zero-interest financing plan.
Express News | Ideal Autos has announced a limited-time zero-interest policy until the end of the year, aiming to reach a new high in market share among luxury brands.
Hefei will start issuing 44 million RMB automobile consumption vouchers from today, with electric vehicles eligible for a maximum discount of 6,000 RMB.
The Hefei Municipal Bureau of Commerce announced that from today (28th) to December 8th, a total of 44 million yuan will be distributed for the "2024 Hefei Automobile New Consumer Voucher", with the highest discount of 6,000 yuan for new energy vehicles. There will be 336 automobile enterprises participating in the event. It is reported that individual consumers purchasing non-operational automobiles (including gasoline vehicles and new energy vehicles, excluding used cars) from automobile retail enterprises participating in the event can receive and use the consumer vouchers. During the event, consumers using UnionPay cards starting with 62 to pay for the car purchase at the participating automobile sales outlets using the designated POS machine can enjoy installment payments.
Troubles within and without for American car manufacturers: Trump's tariffs and the "price war" in the China car market.
Tariffs may lead to price increases and a decrease in demand. Meanwhile, the fierce price competition in the china automotive industry will pose challenges for usa car companies' operations in china.
Lanchi Ventures Leads $42M Series A Financing for Allink Biotherapeutics to Accelerate Global Development of Bispecific Antibody and ADC Pipeline
Allink Biotherapeutics Raises $42M Series A Financing to Accelerate Global Development of Bispecific Antibody and ADC Pipeline