Daiwa released a research report lowering its 2025-2026 revenue forecasts by 12-18%, due to LI AUTO-W (02015.HK) -2.000 (-1.773%) Short selling $145.19M; Ratio 23.031% (LI.US) 's delayed launch of its BEV products. Meanwhile, due to an increase in the sales proportion of low-end models, the broker also reduced its 2025/ 2026 gross profit margin forecasts by 0.1-0.4 ppts.Related NewsBOCI Expects Southbound Capital Net Inflow into HK Stocks to Reach RMB1.2T This Yr, Calls for Attention to Actively Traded Stocks Like BABA-W/ OthersThe management expected that sales growth will take time, and Daiwa anticipated that sales will gradually recover throughout the year. Therefore, the broker reiterated rating at Outperform, and raised its target price for LI AUTO-W's US stock from US$23.4 to US$32.5. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-15 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)