HK Stock Market Move | LI AUTO-W (02015) surged over 5% as it officially launched the new generation MEGA Home. Morgan Stanley expects sales volume to gradually recover this month.

LI AUTO-W (02015) rose by over 5%, and as of the time of writing, it has increased by 5.05%, priced at HKD 48.72, with a trading volume of HKD 198 million. On the news front, LI AUTO-W has officially launched the new generation MEGA. The starting price for the new vehicle is RMB 509,800. Morgan Stanley has pointed out that it expects monthly sales of the MEGA to gradually recover, and with the expansion into overseas markets, performance can further benefit. The new MEGA features a single configuration with standard equipment, which helps to reduce consumer decision-making costs while simplifying the production and delivery processes. Meanwhile, the upcoming i9 model will become the next focus for supporting short-term sales and growth in pure electric vehicles. The new MEGA will begin deliveries this week, with the right-hand drive version scheduled to launch in Hong Kong, Macau, Singapore, and Thailand by the end of this year. Morgan Stanley believes that the focus of this redesign is on handling performance and autonomous driving, rather than adjustments to the cabin details. The new vehicle is equipped with steer-by-wire and rear-wheel steering systems, reducing the turning radius of the 5.35-meter-long MEGA from 6.2 meters to 5.5 meters. It also features an 800V active anti-tilt chassis, dual M100 chips, and four laser radars, providing the hardware basis for continuous OTA upgrades.