Li Auto - Asia Tech Wire

Li Auto

2025.03.10

09:58

Hong Kong-listed auto stocks strengthened, with Xpeng Motors (09868.HK) and NIO (09866.HK) rising by more than 5%, Li Auto (02015.HK) rising by more than 2%, and GAC Group (02238.HK) and Great Wall Motor (02333.HK) following suit.

06:57

Important events and data forecasts this week: US CPI+PPI, North American Daylight Saving Time, China M2, 315 Gala

1. Monday: ① Data: Japan's trade account, Germany's trade account, Eurozone investor confidence index, New York Fed's 1-year inflation expectations, China's February M2 money supply annual rate (to be determined); ② 777.9 billion yuan of reverse repurchases will expire in the central bank's open market throughout the week; ③ North American daylight saving time begins, and the US stock trading and economic data release time will be advanced by one hour; ④ Trump meets with US technology industry executives; ⑤ The National People's Congress deliberates on the work report of the Standing Committee of the National People's Congress, and the 3rd Session of the 14th National Committee of the Chinese People's Political Consultative Conference closes; ⑥ China's additional tariffs on some imported goods originating from the United States officially take effect. 2. Tuesday: ① Data: US JOLTs job vacancies and NFIB small business confidence index; ② The 3rd Session of the 14th National People's Congress closes; ③ US and Ukrainian officials hold their first talks in Saudi Arabia; ④ Greenland holds parliamentary elections; ⑤ Nissan's board of directors meets to discuss the successor to the president. 3. Wednesday: ① Data: API crude oil inventory and EIA crude oil inventory in the United States, US CPI in February; ② Bank of Canada announces interest rate decision; ③ EIA announces monthly short-term energy outlook report; ④ European Central Bank President Lagarde delivers a speech; ⑤ OPEC announces monthly crude oil market report; ⑥ G7 Group holds foreign ministers' meeting until March 14; ⑦ US 25% tariff on imported steel and aluminum takes effect; ⑧ China Academy of Information and Communications Technology holds a special seminar on the promotion of AI glasses industry. 4. Thursday: ① Data: Eurozone industrial output monthly rate in January, US initial jobless claims, February PPI annual rate; ② Financial report: Futu Holdings, Weibo; ③ IEA announces monthly crude oil market report. 5. Friday: ① Data: UK industrial output monthly rate in January, Canada wholesale sales monthly rate in January, US March one-year inflation rate forecast preliminary value and University of Michigan consumer confidence index preliminary value; ② Financial report: Ideal Auto; ③ The current temporary appropriations bill of the US government expires. 6. Saturday: ① The total number of oil drilling rigs in the United States for the week ending March 14; ② The CFTC releases its weekly position report; ③ “3.15” evening party.

2025.03.09

21:12

Important events and data forecast for next week: US CPI+PPI, China M2, US-Ukraine senior officials meeting

1. Monday: ① Data: Japan's trade account, Germany's trade account, Eurozone investor confidence index, New York Fed's 1-year inflation expectations, China's February M2 money supply annual rate (to be determined); ② 777.9 billion yuan of reverse repurchases will expire in the central bank's open market throughout the week; ③ North American daylight saving time begins, and US stock trading and economic data release time will be advanced by one hour; ④ Trump meets with US technology industry executives; ⑤ The National People's Congress deliberates on the work report of the Standing Committee of the National People's Congress, and the 3rd Session of the 14th National Committee of the Chinese People's Political Consultative Conference closes; ⑥ China's additional tariffs on some imported goods originating from the United States officially take effect. 2. Tuesday: ① Data: US JOLTs job vacancies and NFIB small business confidence index; ② The 3rd Session of the 14th National People's Congress closes; ③ US and Ukrainian officials hold their first talks in Saudi Arabia; ④ Greenland holds parliamentary elections; ⑤ Nissan's board of directors meets to discuss the successor to the president. 3. Wednesday: ① Data: API crude oil inventory and EIA crude oil inventory in the United States, US CPI in February; ② Bank of Canada announces interest rate decision; ③ EIA announces monthly short-term energy outlook report; ④ European Central Bank President Lagarde delivers a speech; ⑤ OPEC announces monthly crude oil market report; ⑥ G7 Group holds foreign ministers' meeting until March 14; ⑦ US 25% tariff on imported steel and aluminum takes effect; ⑧ China Academy of Information and Communications Technology holds a special seminar on the promotion of AI glasses industry. 4. Thursday: ① Data: Eurozone industrial output monthly rate in January, US initial jobless claims, PPI annual rate in February; ② Financial report: Futu Holdings, Weibo; ③ IEA announces monthly crude oil market report. 5. Friday: ① Data: UK industrial output monthly rate in January, Canada wholesale sales monthly rate in January, US one-year inflation rate forecast preliminary value and University of Michigan consumer confidence index preliminary value in March; ② Financial report: Ideal Auto; ③ The current temporary appropriations bill of the US government expires. 6. Saturday: ① The total number of oil drilling rigs in the United States for the week ending March 14; ② The CFTC releases its weekly position report.

2025.03.08

05:11

Most of the popular Chinese stocks closed higher, with the Nasdaq China Golden Dragon Index up 0.47%.

2025.03.07

10:39

Hong Kong-listed auto stocks strengthened, with Xpeng Motors (09868.HK) rising more than 5%, Great Wall Motors (02333.HK) and Leapmotor (09863.HK) rising more than 2%, and Li Auto (02015.HK) rising 1.9%.

2025.03.05

17:32

Southbound funds made a large net purchase of 8.369 billion yuan today. In terms of Hong Kong Stock Connect (Shanghai), Alibaba-W and China Mobile received net purchases of HK$1.564 billion and HK$683 million respectively; Meituan-W ranked first in net sales, with an amount of HK$230 million; in terms of Hong Kong Stock Connect (Shenzhen), Alibaba-W and BYD Co., Ltd. received net purchases of HK$1.326 billion and HK$544 million respectively; Ideal Auto-W ranked first in net sales, with an amount of HK$193 million.

14:33

Li Xiang: With fewer takeovers, Ideal AD Max V13 outperforms Tesla FSD in the country

On March 5, Li Xiang, CEO of Ideal Auto, posted on Weibo that since Tesla FSD entered China on February 25, many professional automotive media have conducted intelligent driving comparison tests on Ideal AD Max V13 and Tesla FSD V13 in cities across the country, including Beijing, Shanghai, and Guangzhou, and many friends have also made relevant summaries. According to the test results of various companies, Ideal AD Max has significantly fewer takeovers, which shows that Ideal AD Max V13 has surpassed Tesla FSD's outstanding performance in China.

10:32

Ideal Auto applies for registration of Qianzhan Pioneer trademark

According to Tianyancha intellectual property information, Beijing Ideal Auto Co., Ltd. recently applied to register multiple "Prospective Pioneer" trademarks, with international classifications of website services, transportation tools, scientific instruments, and fitness equipment. The current trademark status is all waiting for substantive review. According to media reports, on February 25, Ideal Auto released two official pictures of Ideal i8. It is reported that Ideal i8 is a continuation of Ideal Auto's forward-looking and pioneering design language, and is also the design direction of the next generation of pure electric SUVs.

2025.03.04

09:42

Hong Kong auto stocks fell, BYD shares and Geely Automobile fell more than 7%

Hong Kong-listed auto stocks fell, with BYD Co., Ltd. and Geely Automobile falling more than 7%, NIO falling more than 5%, and Great Wall Motor and Li Auto following suit.

09:27

Hong Kong-listed auto stocks fell, with Geely Automobile (00175.HK) down more than 5%, Xpeng Motors (09868.HK) down 3.9%, NIO (09866.HK) and Xiaomi Group (01810.HK) down 3.7%, and Li Auto (02015.HK) down 3.4%.

2025.03.03

22:32

At the opening of the US stock market, the Dow Jones Industrial Average rose 0.14%, the S&P 500 rose 0.29%, and the Nasdaq rose 0.36%. Popular Chinese stocks rose and fell. Li Auto (LI.O) fell 7%, Xpeng Motors (XPEV.N) fell nearly 4%, Pinduoduo (PDD.O) rose 0.42%, and Alibaba (BABA.N) rose 1%. Intel (INTC.O) rose 3.6%, according to reports that Nvidia and Broadcom are conducting chip production tests with it. Tesla (TSLA.O) rose 2.4%, and Morgan Stanley re-listed it as the "preferred stock" in the US auto sector.

17:07

17:02

Most of the popular Chinese stocks in the US fell before the market opened, and Ideal Auto fell more than 6%

16:17

Ideal's first pure electric SUV will be released in July

On March 3, Ideal Auto's official Weibo account revealed that its first pure electric SUV, the Ideal i8, is scheduled to be released in July 2025. According to reports, the i8 is the first product in the Ideal i series and is positioned as a medium-to-large six-seater SUV. Ideal Auto said that it will focus all its energy on user needs rather than sales and competition. As for the mid-term goal, it will strive to use three years to make Ideal Auto enter the first echelon of high-end pure electric brands.

16:09

Hong Kong stocks closed: Hang Seng Index closed up 0.28%; Mixue Group surged 43%

At the close of Hong Kong stocks, the Hang Seng Index closed up 0.28%, while the Hang Seng Technology Index closed down 0.58%. The Hong Kong Stock Technology ETF (159751) closed down 0.67%, while the Hang Seng Hong Kong Stock Connect ETF (159318) closed up 0.63%. On its first day of listing, Mixue Group surged 43%, while Oriental Selection rose more than 8%; ZTE fell more than 10%, while Li Auto and SMIC fell more than 4%.

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Singapore investigates Nvidia server export fraud
                            2025-03-03

                                    Shenzhen: By 2027, there will be more than 1,200 companies related to the embodied intelligent robot industry cluster
                            2025-03-03

                                    Hongqi Chain Store: Deputy General Managers Zhang Ying, Wan Chun, Hong Fan and Yang Yuanbin resigned
                            2025-03-03

                                    Shenzhen: Focus on supporting key core technologies such as core components of embodied intelligent robots, AI chips, and bionic dexterous hands
                            2025-03-03

                                    Intel showcases Xeon 6 processor-based network infrastructure at MWC2025
                            2025-03-03