Weekly Recap | LI AUTO-W +5.61%, earnings next Wednesday in focus
Weekly Review·- Li Auto-W accumulated a 5.61% increase this week, outperforming the Hang Seng Index by 3.42 percentage points. - The weekly performance was driven by share buybacks and rising expectations ahead of the upcoming second-quarter financial report scheduled for August 26. - The company holds an average analyst rating of neutral with a consensus target price of 67.72 HKD, while upcoming earnings will test the current valuation recovery logic.BYD debuts third-gen Tang SUV, launch set for Q4
CnEVPost·- BYD debuted its third-generation Tang SUV at the 2026 Chengdu Auto Show on August 21, 2026, with an official market launch planned for the fourth quarter. - The five-seat mid-to-large SUV features up to 850 km of all-electric range, flash charging capabilities from 10% to 70% in 5 minutes, and forms a dual-flagship lineup with the Da Tang to revitalize falling sales. - The model is equipped with BYD's second-generation Blade Battery, DiSus-A intelligent air suspension, and the God's Eye B driver-assistance system featuring 1 LiDAR.BYD Fang Cheng Bao opens pre-orders for Formula S models
TechNode·- BYD’s Fang Cheng Bao brand opened pre-orders for its Formula S and Formula S GT sedan lineup on Aug. 20, 2026, with prices ranging from RMB 230,000 to RMB 280,000. - The vehicles made their global debut at the 2026 Chengdu Auto Show on Aug. 21, offering single- and dual-motor configurations with a top speed of 240 kilometers per hour. - The new models are officially scheduled to launch in the third quarter of 2026.BYD starts Da Han EV pre-sales at about $36,800, range tops 1,008 km
CnEVPost·- BYD has officially started pre-sales for its new flagship large sedan, the Da Han EV, at the 2026 Chengdu Auto Show with prices starting at approximately $36,850. - The all-electric lineup offers three variants featuring a CLTC range of up to 1,008 km and an acceleration from 0 to 100 km/h in 3.8 seconds for the all-wheel-drive version. - This model aims to expand BYD's presence in the premium vehicle market by joining the Da Tang SUV to form the brand's D-segment flagship lineup.Xiamen Xinweidachuang Investment Partnership Limited Partnership Purchases Shares of 4,926,165 Li Auto Inc. Sponsored ADR $LI
Market Beat·- Xiamen Xinweidachuang Investment Partnership Limited Partnership purchased a new position of 4,926,165 shares in Li Auto Inc. Sponsored ADR during the second quarter, valued at approximately $57,833,177,000. - The stake accounts for 100.0% of the firm's portfolio, making Li Auto its largest holding and representing 0.46% ownership of the company. - Li Auto trades with a market capitalization of $13.62 billion and reported $3.33 billion in revenue for its quarterly earnings released on May 15th.Buick launches Electra L7 BEV in China, starting at $25,000 with 702-km range
CnEVPost·- General Motors 's Buick brand launched the Electra L7 BEV sedan in China with a starting price of about $25,000. - The mid-to-large sedan is built on an 800 - volt platform, features an 80.6 - kWh CATL LFP battery, and delivers a CLTC range of 702 km. - The model aims to expand Buick 's sedan lineup and compete directly with electric sedans from Toyota, Xiaomi, and Luxeed in China.