Chinese carmaker Li Auto's (2015) shares jumped by as much as 16 percent while Hong Kong stocks fell, after releasing images of its first all-electric SUV.
Its shares tipped HK$123.3, hitting a four-month high, before rising 12.62 percent to HK$119.6, with a turnover of HK$5.75 billion, compared to the benchmark Hang Seng Index dropping 1.65 percent.
Li Auto’s new SUV i8 is expected to make a debut at a Shanghai automobile show and go on sale in the first half of the year, according to mainland media reports.
STAFF REPORTER