摩根士丹利：理想汽车-对股价疲软的看法

June 18, 2025 08:49 AM GMT Li Auto Inc. | Asia Pacific Thoughts on share price weakness Li Auto ADR/H shares were both down 4% (vs. HSI -1%). The underperformance was attributable to slower MTD sales, tracking behind the company's 2Q volume guidance of 123-128k or 48-53k in June (34-38% hit rate in the 1H of June). Meanwhile, investors were also concerned about the holdings reduction (by 0.3%) of major shareholder Meituan's Wang Xing during June 10-13. As the autos sector tends to experience high beta moves ...