{
  "id": 11342331,
  "title": "Why did Li Auto shares hit a record low today?",
  "url": "https://urgent.news/2026/10/02/why-did-li-auto-shares-hit-a-record-low-today",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-02T02:36:34.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/why-did-li-auto-shares-hit-a-record-low-today-93CH-4928840"
  },
  "original_language": "en",
  "account": "Li Auto Inc's Hong Kong shares plummeted over 4% to a record low of HK$43.02 on Friday, following a report of a decline in September deliveries. The automaker delivered 31,817 vehicles in September, marking a 6.3% decrease compared to the same month last year and a sharp fall of around 15.6% from August's 37,679 units, signaling a return to a year-on-year decline trend after a brief rebound. Despite the new-generation Li L6 model surpassing 10,000 deliveries in September and the company launching the Li MEGA Home and Li i9 Home to broaden its battery electric lineup, these positive developments were insufficient to counter investor apprehension over the disappointing volume figures. Intense competition in China's EV market and a slowdown in consumer spending added to Li Auto's woes, while the broader Hong Kong market also suffered, with the Hang Seng benchmark experiencing a significant decline on the same day.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}