Dow Jones Newswires: Li Auto shares rise sharply in Hong Kong after swing to Q1 net profit

Li Auto’s shares HK:2015 rose sharply in Hong Kong on Thursday morning after the Chinese electric-vehicle maker reported a swing to a net profit in the first quarter from a net loss a year earlier.

The company’s H-shares were recently 15% higher at 113.80 Hong Kong dollars (US$14.53) after earlier rising as much as 17% to HK$115.40, the highest intraday level since Aug. 31, according to FactSet.

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Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

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