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Li Auto shares fell 4.4% in Hong Kong trading on Wednesday following a disclosure that Meituan chief executive Wang Xing, a major shareholder of the electric vehicle maker, recently trimmed his stake in the company for a second time this year following a previous reduction in March…
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Meituan CEO cuts stake in Li Auto amid food delivery price war in China
Li Auto shares fell 4.4% in Hong Kong trading on Wednesday following a disclosure that Meituan chief executive Wang Xing, a major shareholder of the electric vehicle maker, recently trimmed his stake in the company for a second time this year following a previous reduction in March…