Daiwa: Li Auto (02015.HK) orders expected to rebound soon, reiterates "buy" rating.

According to the Zhixun Finance and Economics APP, Morgan Stanley released a research report stating that the ADR and H shares of Li Auto (02015.HK) both fell by 4%, attributed to the slowdown in monthly cumulative sales. At the same time, investors are also concerned about the recent reduction in holdings by major shareholder Meituan-W (03690.HK) founder Wang Xing. Morgan Stanley believes that in the case of lowered expectations, the Li Auto team may provide more competitive pricing, which could bring surprises to the upcoming launch of the i8. Therefore, the "buy" rating is reiterated.