Li Auto's market value surpassed Xiaomi overnight, ranking second in terms of market value among Chinese auto companies

Li Auto's market value surpassed Xiaomi overnight, becoming China's second largest automaker by market value. As of that day, Li Auto's market value was HK$349.56 billion, while Xiaomi's market value was HK$338 billion. In addition, Li Auto's market value also exceeded the combined market value of three traditional automakers: SAIC, GAC and BAIC BluePark.