LI auto, or Li Xiang, is a large company that has been designing and manufacturing electric vehicles in China since 2015. They use range extenders as a power source.
In 2020, #Liauto went public with an IPO on the Nasdaq exchange, where it raised over a billion dollars.
Most likely, you will agree that the electric vehicle industry is quite promising. Potentially, this company can turn out to be a strong player on the world stage. However, due to its popularity, LI auto shares can become a subject of speculation, leaving fundamental and technical analysis aside. Be that as it may, #Liauto is one of the most talked-about companies in recent times. You can speculate on its price fluctuations by making trades on it as a CFD.
On the FxPro platforms, you will find an online price chart based on which you can conduct analysis and place orders. We do not give specific recommendations in which direction to open trades since this decision is the responsibility of each trader. However, you are provided with convenient analytical tools that can greatly facilitate your decision-making.
Experienced traders do not recommend making deals without a well-developed trading strategy tested on a demo account. Also, pay attention to news that may have an impact on the value of the company stocks and be sure to check the Dividend & Earnings Calendar on the FxPro website to be prepared for any dividend payments or company reports. It is also worth utilising technical indicators to help you assess the situation on the chart.
In addition, at your disposal are Trader's Dashbards, trading calculators, analytical articles and free training on the FxPro website.
We also recommend subscribing to the official FxPro Telegram channel and monitoring the FxPro News portal to quickly receive the latest analytics and keep on top of what is happening on the markets.
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