Li Auto (LI) Stock Surges Over 4% Amid EU-China Negotiation News

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Oct 25, 2024
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Shares of Li Auto (LI, Financial) increased by more than 4% in pre-market trading, while XPeng (XPEV) rose by over 2%, and NIO (NIO) gained more than 1%. This upward trend follows reports indicating that the European Union and China have agreed to conduct technical negotiations in the near future. The discussions aim to explore alternative solutions to imposing tariffs on electric vehicles manufactured in China.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.