Morgan Stanley: Ideal Autos-W (02015) upgrades the configuration of the new L series without changing the price, making the risk-return attractive.

The market is still discussing whether simply upgrading the configuration and autonomous driving (AD) of the new L series without adjusting the suggested retail price is sufficient to cope with intense market competition.

Zhitong FinanceMay 9 03:08 ET

Hong Kong Stock Morning Report | The trade agreement between the US and the UK boosts US stocks, with most China Concept Stocks showing strength.

① The USA and United Kingdom reached a trade agreement, but the details are yet to be finalized. ② The three major stock indexes in the USA closed higher, with most China Concept Stocks also gaining strength. ③ The number of initial unemployment claims in the USA last week was lower than expected. ④ The Bank of England cut interest rates by 25 basis points. ⑤ The financial markets in India and Pakistan are turbulent, with ongoing escalation of conflicts. ⑥ International Crude Oil Product futures prices rose by about 3%, and Bitcoin broke through $0.1 million.

cls.cnMay 8 19:04 ET

U.S. stock market close: The U.S.-U.K. trade agreement boosts the market, with all three major Indices collectively rising, the Nasdaq up over 1%.

① The three major U.S. stock indexes all closed higher, with the Nasdaq rising over 1%; ② Large Technology stocks collectively increased, with Google rising nearly 2%; ③ China Concept Stocks saw widespread gains, with the Nasdaq China Golden Dragon Index rising 0.97%.

cls.cnMay 8 17:54 ET

Li Auto Officially Launches Updated L-series EREVs With Unchanged Prices

CnEVPostMay 8 10:08 ET

The Passenger Vehicle Association: In April, the national retail sales of passenger vehicles reached 1.791 million units, an increase of 17% year-on-year.

In April, the national Passenger Vehicle market retail sales reached 1.791 million units, with cumulative retail sales of 6.918 million units this year, a year-on-year increase of 9%.

Zhitong FinanceMay 8 04:56 ET

Hong Kong stocks fluctuation | Li Auto-W (02015) up over 4% as the new version of the L series is about to be launched. Institutions indicate that its sales are expected to reach an upward turning point.

Ideal Autos-W (02015) rose over 4%, as of the time of writing, up 4.16%, priced at 105.1 Hong Kong dollars, with a transaction volume of 0.418 billion Hong Kong dollars.

Zhitong FinanceMay 7 22:11 ET