Goldman Sachs gives Li Auto's H-shares initial rating of "Buy" with target price of HK$240

Phate Zhang • Aug 12, 2021 at 2:27 PM UTC

Goldman Sachs initiated coverage of Li Auto's H-shares on Thursday with a "Buy" rating and a target price of HK$240.

This represents a 103 percent upside compared to Li Auto's offering price of HK$118.

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Phate Zhang

Phate is the founder and main author of CnEVPost. He has been reporting since 2009, mainly on macroeconomics and capital markets. He started his career at China Daily and Reuters. Contact via: phate@cnevpost.com.