Top 5 Chinese Companies on NASDAQ

Page 1 of 5

In this article, we discuss the top 5 Chinese companies on NASDAQ. If you want to read our analysis of these companies, go directly to the Top Chinese Companies on NASDAQ.

5. Li Auto Inc. (NASDAQ:LI)

Number of Hedge Fund Holders: 28

Li Auto Inc. (NASDAQ:LI) is a Chinese electric vehicle company with its headquarters in Beijing and production facilities in Changzhou. The company delivered 11,496 Li One’s in May, reflecting an increase of 165.9% YoY. Since its debut in 2019, Li Auto Inc. (NASDAQ:LI) has delivered 171,467 vehicles.

On May 10, Ming Hsun at Bank of America gave Li Auto Inc. (NASDAQ:LI) a Buy rating with a price target of $33. In a report issued to investors, the analyst highlighted that Li Auto Inc. (NASDAQ:LI) stock is a Buy because of the solid new model pipelines. Hsun also warned that there is uncertainty due to the consumption power of the batteries and the supply chain-related challenges. In Q1 2022 results, Li Auto Inc. (NASDAQ:LI) reported defensive margin trends and a stable free cash flow.

Li Auto Inc. (NASDAQ:LI) was held by 28 hedge funds as of Q1 2022.

Page 1 of 5