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Express News | The Ministry of Commerce: In order to safeguard the interests of the electric autos industry and global green transformation cooperation, China has decided to file a lawsuit against the EU's final anti-subsidy measures.
li auto inc (02015.HK) sold 0.0114 million vehicles last week
IDEAL-W(02015.HK)(LI.US) announced that it sold a total of 0.0114 million automobiles last week (October 28 to November 3), an increase of nearly 0.9% compared to October 21 to 27.
China A-Share Earnings Could See Notable Recovery in 1H
Goldman Sachs: Maintains a "buy" rating on Li Auto Inc (02015) with a target price lowered to 140 Hong Kong dollars.
Goldman Sachs lowers its net profit forecast for Li Auto Inc. for 2024-2026 by 4%-5%.
[Brokerage Focus] Goldman Sachs cuts li auto inc (02015) target price by 5% citing relatively conservative fourth quarter sales guidance.
Goldman Sachs reported that Li Auto Inc (02015) exceeded expectations in the third quarter of this year. The group's management believes that the government's policy of replacing old with new cars is working well, so they do not plan to adopt aggressive sales policies in the fourth quarter, hence the sales guidance is relatively conservative. Due to the continued reduction in supply chain costs, improvements in component production and factory efficiency, the management expects auto gross margin in the fourth quarter of this year and in 2025 to exceed 20%. In addition, Li Auto Inc has made significant improvements in autonomous driving performance this year and plans to further update users by the end of the year, which will continue to drive the production mix of the Max version. The report stated,
Li Auto May Deliver 700,000 Vehicles in 2025, Deutsche Bank Says -- Market Talk
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