Li Auto plans faster product launches and greater focus on overseas markets in strategy shift, report says

Li Auto plans to accelerate product launches and expand its overseas market presence, acknowledging past strategic delays. The company aims to shorten its vehicle platform iteration cycle from four to two years and enhance model differentiation. Li Auto also plans to increase investment in AI and establish an independent R&D system. The company will shift from parallel exports to a more direct overseas sales approach, focusing on the Middle East, Central Asia, and Europe. This strategic shift comes amid increased competition from Xiaomi and declining domestic sales.

Top 5 HK Stock Gainers/Losers (>100B) (11.19)

SD GOLD(01787) rose 7.01%, with a trading turnover 340.3 Million HKD, and a year-to-date rose 182.8%. ZHAOJIN MINING(01818) rose 6.37%, with a trading turnover 303.9 Million HKD, and a year-to-date rose 169.6%. XIAOMI-W(01810) fell 4.81%, with a trading turnover 18.8 Billion HKD, and a year-to-date rose 12.5%. TECHTRONIC IND(00669) fell 2.83%, with a trading turnover 753.1 Million HKD, and a year-to-date fell 16.1%.

The Hang Seng TECH Index's intraday decline has widened to 1%, with Xiaomi down over 4%, KUAISHOU-W, Li Auto, and HORIZONROBOT-W down over 2%

The Hang Seng Index opened down 0.8%, and the Hang Seng Tech Index fell 1.25%

XPeng fell over 7%, NIO fell 3%, and Li Auto fell over 2%. Risk warning and disclaimer: The market has risks, and investment should be cautious. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at one's own risk

JD, LI, NTES: 3 Must-Watch Chinese Stocks Analysts Say Are Set to Surge

Analysts recommend watching three Chinese stocks: JD.com, Li Auto, and NetEase. JD.com, a major e-commerce platform, has a 33% potential upside despite a 14% decline year-to-date. Eight out of 10 analysts rate it as a Buy. These stocks are highlighted for their solid growth, strong balance sheets, and attractive valuations, making them good diversification options.