Li Auto Shares Rise 12%

Shares of Chinese electric vehicle manufacturer Li Auto Inc. (LI) are climbing 12 percent on Wednesday's trading after reports of analysts recommending the stock as one to watch out for and buy.

In the electric vehicles market, Li Auto is being considered a serious rival to American EV maker Tesla Inc. (TSLA).

Currently at $27.16, the stock has traded between $15.98 and $37.45 during the past 52 weeks.

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