Streetbeat News

Li Auto Inc.

https://www.lixiang.com

Industry

Auto - Manufacturers

Li Auto Inc., through its subsidiaries, designs, develops, manufactures, and sells new energy vehicles in the People's Republic of China. The company provides Li ONE, a six-seat smart electric sport utility vehicle that is equipped with smart vehicle solutions, navigation on ADAS, and automatic emergency breaking functionalities. It also offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment. The company was formerly known as Leading Ideal Inc. and changed its name to Li Auto Inc. in July 2020. Li Auto Inc. was founded in 2015 and is headquartered in Beijing, China.

Open

22.56

Mkt cap

22B

Volume

High

22.74

P/E Ratio

17.08

52-wk high

46.44

Low

22.36

Div yield

N/A

52-wk low

17.44

Benzinga's options activity scanner has identified significant options activity in the Consumer Discretionary sector. Notable trades include bullish call option sweeps for TSLA and MGM, and bearish call option trades for LI and DHI. Other companies with notable options activity include EXPE, NIO, DKS, VFC, FND, and LEN.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 5:35 pm

An options alert has been issued for Li Auto, with a sweep of 1300 calls for January 2025 at $40, near the ask price of $11.59. This is compared to an open interest of 3535. The reference price is $39.62.

Portfolio Pulse from Charles Gross

September 05, 2023 | 3:15 pm

Chinese stocks are trading lower due to slower-than-expected growth in August service sector activity, as indicated by Caixin Services PMI data.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 1:54 pm

Several stocks recorded losses in Tuesday's pre-market trading session. VinFast Auto Ltd. shares dipped 11.1% despite the CEO's confidence in the company's potential. Manchester United plc shares fell 8.7% following reports that The Glazer Family will take the club off the market. Taysha Gene Therapies, Inc. shares declined 6.6% after regaining compliance with Nasdaq. Sibanye Stillwater Limited, Aldeyra Therapeutics, Inc., Trip.com Group Limited, and Li Auto Inc. also saw declines. CME Group Inc. shares slipped 2.3%.

Portfolio Pulse from Lisa Levin

September 05, 2023 | 10:36 am

Chinese shares are trading lower in the premarket due to weak August PMI data. This could potentially affect several US-listed Chinese companies and ETFs.

Portfolio Pulse from Charles Gross

September 05, 2023 | 9:14 am

Tesla's China sales rose year-over-year and month-over-month in August, thanks to price cuts. Tesla sold 84,159 made-in-China electric vehicles in August, a 9.4% increase from the previous year and a 30.92% increase from July. This comes amid strong sales reported by domestic EV manufacturers, including Nio, XPeng, Li Auto, and BYD Company. However, Tesla's stock has been stuck since its Q2 results were reported on May 19, due to fears of a further hit to margins from the multiple price cuts.

Portfolio Pulse from Shanthi Rexaline

September 04, 2023 | 6:02 pm

Benzinga's options activity scanner has identified unusual options activity in the Consumer Discretionary sector. The stocks involved are Tesla (TSLA), Rivian (RIVN), Li Auto (LI), Lululemon Athletica (LULU), The RealReal (REAL), Bath & Body Works (BBWI), Chewy (CHWY), Foot Locker (FL), Marriott International (MAR), and Ross Stores (ROST). The options activity ranges from bearish to bullish and neutral sentiments.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 5:35 pm

Tesla has cut prices of its Model 3, Model S, and Model X vehicles in the U.S. and Canada, triggering negative reactions from investors and analysts. The company also launched the Model 3 refresh in Asia and Europe. Fisker announced additional details of its affordable PEAR EV and expansion into three more European markets. Chinese EV companies Nio, XPeng, and Li Auto reported strong August sales. VinFast's shares plunged after a strong start. Canoo named a new CFO.

Portfolio Pulse from Shanthi Rexaline

September 02, 2023 | 2:02 pm

The article reports on the options activity of 10 consumer discretionary stocks in today's session. The stocks include Tesla (TSLA), Ford (F), Carvana (CVNA), NIO (NIO), Nike (NKE), K12 (LRN), Sweetgreen (SG), Li Auto (LI), Burlington Stores (BURL), and Rivian (RIVN). The article provides detailed information about the type of options activity (put/call), trade type, sentiment, expiration date, strike price, total trade price, open interest, and volume for each stock.

Portfolio Pulse from Benzinga Insights

September 01, 2023 | 5:35 pm

Li Auto Inc. reported a 663.8% Y/Y increase in vehicle deliveries in August 2023, with 34,914 vehicles delivered. The company's three Li L series models have been popular, helping it secure over 30% market share in China's NEV market for vehicles priced RMB300,000 and above. The company expects Q3 vehicle deliveries to increase by 277.0% - 288.3% Y/Y. Li Auto's shares are trading higher by 2.09% to $42.52 in premarket trading.

Portfolio Pulse from Nabaparna Bhattacharya

September 01, 2023 | 12:14 pm

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