HK Stock Market Move | LI AUTO-W(02015) rose over 4% in the morning and will officially launch two new MEGA models at the Shanghai Auto Show at the end of the month.

LI AUTO-W (02015) rose more than 4% in the morning, up 3.92% as of press time, at 88.75 Hong Kong dollars, with a turnover of 7.03 billion Hong Kong dollars. On the news front, on April 11th, LI AUTO-W announced that two new models, the Ideal MEGA Ultra Smart Upgrade Edition and the Ideal MEGA Home Special Edition, will be formally launched at the Shanghai Auto Show on the 23rd of this month. The Ideal MEGA Ultra Smart Upgrade Edition is priced at 529,800 yuan, while the price of the Ideal MEGA Home Special Edition has not been revealed. The two models are scheduled to start deliveries in May and are now accepting pre-orders starting today. Huachun Securities stated that the new products in April are expected to bring new catalysts to the entire vehicle investment. The bank pointed out that the Ideal Auto's market has generally been pessimistic about its product cycle, ignoring positive factors such as the sales inertia of high-end brands, the strengthening of AI on Ideal sales competitiveness, and the faster AI progress compared to other peers this year, currently having a risk-reward ratio.