Stock Market Movement | Chinese concept stocks in the new energy vehicle sector generally decline, with Li Auto (LI.US) falling more than 3%

According to the Smart Finance and Economics APP, on Monday, the stocks of Chinese electric vehicle companies fell collectively, with Li Auto (LI.US) dropping more than 3% and XPeng Motors (XPEV.US) dropping more than 2%. In terms of news, in November, Li Auto delivered 33,000 new vehicles. Prior to this, Li Auto had already reduced its 2025 sales target from the initial 700,000 vehicles to 640,000 vehicles. As of November, Li Auto has delivered a total of 362,000 vehicles this year, and it may be difficult to achieve the annual target. Xpeng Motors delivered 36,728 new vehicles in November, a year-on-year increase of 19%, but a month-on-month decrease of 12.58%. This is also the first time Xpeng has seen a month-on-month decline in the past six months.