Trade Alert

_{Posted by Club Member TomTD 28.7.23}

The Li Auto trade is up close to 20%.

My investment thesis continues to play out. Incremental government policies to support and stimulate the economy is helping Chinese EV stocks in general, as EV adoption continues to be an area of focus for the government.

While headline economic data coming out of China has been weaker than most economists were forecasting, the luxury market appears to be more robust as high-end consumers continue to spend, which should benefit Li Auto.

I see further upside to Li Auto, so will continue to hold.

See older posts for original investment thesis.

#Trade Update #Li Auto

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