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28415 BPLIAUT@EC2505A (CALL)
RT Nominal unchange 0.000 (0.000%)

21/05/2024 15:21

{I-bank focus}BOCI lowers Li Auto (02015) to HKD135

[ET Net News Agency, 21 May 2024] BOCI lowered the target price for Li Auto (02015) to
HKD135 from HKD175 and maintained the "buy" rating.
The research house said given the 2Q24 results may be difficult to turn around, it
anticipates near-term valuation could still face headwind until order intake picks up
solidly to support monthly deliveries back to 50k units. (rc)

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