HK Stock Market Move | LI AUTO (02015) rose more than 7%. Founder Li Xiang said in the future they will develop humanoid Siasun Robot & Automation. The total delivery volume of cars has exceeded one million.

LI AUTO-W (02015) rose more than 7%, as of the time of writing, up 7.08% to 101.3 Hong Kong dollars, with a turnover of 1.407 billion Hong Kong dollars. On the news front, on December 25th, LI AUTO CEO Li Xiang proposed at the "2024 Ideal AI Talk" event that cars will evolve from transportation vehicles in the industrial age to spatial Siasun Robot & Automation in the AI era. Regarding LI AUTO's strategic layout in the AI era, Li Xiang said that in the future, they will definitely create humanoid Siasun Robot & Automation, but first they need to solve L4 autonomous driving. Li Xiang revealed that the company has an annual R&D investment of over 10 billion yuan, with close to half invested in AI. The financial report shows that LI AUTO achieved revenue of 42.874 billion yuan in the third quarter, a year-on-year increase of 23.6%, reaching a new high; net profit reached 2.82 billion yuan, a year-on-year increase of 0.3%, making a profit for eight consecutive quarters. Operating cash flow in the third quarter was 11 billion yuan, and cash reserves reached 106.5 billion yuan. As of November 30, 2024, LI AUTO delivered a total of 442,000 vehicles in 2024, with a cumulative delivery volume of 1.0754 million vehicles in history.