Stock reaction and market context
Li Auto’s shares listed in Hong Kong rose 3.6% on Friday, outpacing the Hang Seng Index which declined 1% on the same day. The move in the stock came after the company unveiled its new L9 Livis full-size SUV.
Product details
The L9 Livis is presented as a six-seat flagship SUV. The highest-specification trim carries a price of 559,800 yuan. Company materials characterize the vehicle as a milestone product from Li Auto’s embodied AI robotics program.
Technology highlighted
Central to the L9’s marketing is its on-board computing. The SUV is fitted with two of Li Auto’s in-house M100 chips, manufactured on a 5-nanometer process node, which together provide 2,560 TOPS of computing performance.
Analyst perspective and financial implications
Market analysts have suggested the L9 Livis may be significant in changing expectations for Li Auto’s revenue and profit margins in 2026. That assessment points to the potential for a flagship product to alter forecasts, depending on market reception and subsequent sales performance.
Broader company outlook
Beyond the immediate interest surrounding the L9, Li Auto’s financial trajectory will also be affected by operational factors already highlighted by market observers. Specifically, the company’s outlook depends on the production ramp-up of its i6 model and any potential recovery in demand for the Mega vehicle. These elements are indicated as material to the firm’s revenue and margin prospects.
Summary
Li Auto’s Hong Kong shares rose after the debut of the L9 Livis, a premium six-seat SUV priced up to 559,800 yuan and powered by dual M100 5-nanometer chips delivering 2,560 TOPS. Analysts say the new flagship could influence 2026 revenue and margin expectations, while the firm’s outlook also hinges on i6 production progress and the Mega’s demand recovery.
Key points
- Li Auto’s Hong Kong-listed shares increased 3.6% following the L9 Livis unveiling, while the Hang Seng Index fell 1%.
- The L9 Livis is a six-seat flagship SUV with a top trim priced at 559,800 yuan and is marketed as a product of the company’s embodied AI robotics work.
- The vehicle features two in-house M100 5-nanometer chips that together provide 2,560 TOPS of computing power.
Risks and uncertainties
- Future revenue and margin revisions depend on how the market receives the L9 Livis and subsequent sales performance.
- Li Auto’s financial outlook is contingent on the successful production ramp-up of the i6 model.
- Potential recovery in demand for the Mega vehicle is another material uncertainty affecting the company’s outlook.