LI AUTO-W (02015.HK) -2.400 (-2.353%) Short selling $253.93M; Ratio 37.162% (LI.US) launched its new mid-to-large five-seater pure electric SUV, Li i6, at the end of last month, the strong performance of which is expected to power a sharp rebound in the company's 4Q25 sales, HSBC Global Research wrote in its report.While LI AUTO-W's core extended range electric vehicle (EREV) lineup, the L series, is facing market competition and a slowdown in segment growth, the company's US stock price has already dropped by 10% over the past four months, compared to a 14% surge in the S&P 500 during the same period, suggesting that the market has largely absorbed the impact.Related NewsG Sachs Expects BYD COMPANY-100 (01211.HK)'s Denza N8L to Achieve Monthly Avg. Sales of 6K Units, Surpassing Li L8HSBC Global Research kept a Buy rating on LI AUTO-W, but it reduced the 2025-27 sales forecasts by 22-31% given the pressure on sales and pricing of the EREV lineup. Accordingly, the broker revised down its 2025-27 earnings forecast by 55%/ 42%/ 31%.LI AUTO-W's target price was cut from HKD142 to HKD118 for its H-shares and from USD36.5 to USD30.3 for its US shares.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-10-03 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)