HK Stock Market Move | LI AUTO (02015) rose more than 7% in the first quarter, with net profit increasing by nearly 10%. Two new cars will be released in the second half of this year.

LI AUTO-W (02015) rose more than 7%, as of the press release, it was up 6.75% to 115.5 Hong Kong dollars, with a turnover of 8.42 billion Hong Kong dollars. In terms of news, the 2025 first quarter financial report released by Li Auto showed that in the first quarter, the company achieved a revenue of 25.93 billion yuan, a year-on-year increase of 1.1% and a quarter-on-quarter decrease of 41.4%; net profit was 646.6 million yuan, a year-on-year increase of 9.4% and a quarter-on-quarter decrease of 81.7%. In the first quarter of this year, Li Auto delivered 92,900 vehicles, a year-on-year increase of 15.5%. Li Auto expects to deliver 123,000 to 128,000 vehicles in the second quarter, a year-on-year increase of 13.3% to 17.9%; total revenue is expected to be 32.5 billion to 33.8 billion yuan, an increase of 2.5% to 6.7% year-on-year. Li Auto will launch two new cars in the second half of this year, with the first pure electric SUV, the Li Xian i8, set to be released in July. Li Auto CEO Li Xiang said during the first quarter earnings call that after the launch of the new model, weekly sales exceeded 10,000 units, and by May, the market share was 14.7% in the market over 200,000 yuan. Li Auto is confident that the new model will soon return to a monthly sales volume of 50,000 units.