12 Best Asian Stocks to Buy According to Hedge Funds

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10. Li Auto Inc. (NASDAQ:LI)

Number of Hedge Fund Holders: 23

Li Auto Inc. (NASDAQ:LI) ranks among the best Asian stocks to buy. Tiger Securities reaffirmed its Buy rating on Li Auto Inc. (NASDAQ:LI) but reduced its price target from $33 to $28 on August 28. Tiger Securities characterized Li Auto’s second quarter 2025 results as “largely in line with expectations”, which came after the company originally lowered its delivery guidance earlier in the quarter.

Li Auto Inc. (NASDAQ:LI) delivered 111,074 vehicles in the second quarter, which marked a 20% sequential recovery from the first quarter of 2025 and a moderate 2% year-over-year growth. Total revenues for the quarter came in at RMB 30.2 billion, a 4.5% decrease year-over-year but a 16.7% increase over the previous quarter.

Chinese EV maker Li Auto Inc. (NASDAQ:LI) specializes in smart SUVs and extended-range electric cars (EREVs). The company is a trailblazer in the effective marketing of extended-range electric vehicles.

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