Morgan Stanley: Li Auto's New i6 a Clear Sales Catalyst, 'Overweight' Rating Maintained
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Author:小编   

On October 29, Morgan Stanley reported that Li Auto (02015.HK) has launched a revamped i6 model, keeping the starting price unchanged at RMB 249,800 and offering a RMB 10,000 launch discount, along with several significant upgrades. Morgan Stanley believes that these upgrades will help boost the monthly sales of the i6 to 15,000-20,000 units, though the pace of recovery will depend on the supply of batteries and chips, as well as the efficiency of order conversion. The bank maintains its 'Overweight' rating and a target price of HKD 68.5 for Li Auto.