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. Wang sold an additional 5.7 million Hong Kong-listed shares in Li Auto for more than HK$600 million (US$76.4 million) from June 10 to June 13, according to a filing to the Hong Kong Stock Exchange. The sale reduced his holding to 20.6% from 20.9%. Before this filing, the last time Wang disclosed his Li Auto stake was on March 25 when he reduced his stake to 20.9% from 21.3%. The move comes after increased competition in the Chinese food delivery sector in the last few months with e-commerce giant http://JD.comJD.com>making a foray into the market and offering heavy subsidies to boost sales. This has triggered Metiuan, China’s biggest food delivery service, to defend its market share, which inevitably comes with big costs, analysts told Reuters. [Reuters, Jiemian, in Chinese]
Nature’s Vault Offers an Environmental Solution for Gold Mining
Elon Musk and X lose lawsuit against anti
Alabama vs. UNC basketball livestreams: How to watch live
Amazon deals of the day: Save up to 56% on Echo, Anker, and Kindle
A Mix of Food and Family
NYT's The Mini crossword answers for March 27
Best controller deal: Get a Backbone One Mobile gaming controller for 40% off at Amazon
Instagram is limiting political content. Here's how to get around it.
NRG send Liquid packing in Kiev
Illinois vs. Iowa State basketball livestreams: How to watch live
3 Years, 6 Lamborghinis: Freebitco.in’s "Biggest Giveaway In Crypto"
Elon Musk's X funds lawsuit against Jack Dorsey's Block
UConn vs. SDSU basketball livestreams: How to watch live
Amazon Big Spring Sale 2024: Shop 300+ deals on Apple, robot vacuums, security cameras, more
StreamCoin ICO Ends, 100+ Exchange Listings to Follow
Buying a Tesla? The company will first take you on self
Amazon Pharmacy launches same
Pornhub could soon ban Florida as well
Poloniex Joins APENFT to Integrate a One
Spotify is dabbling in online learning
Tara’s Ultraboost? Supplements for Good Health and Good TimesThe farthestThe Pronoun for a Lost ChildNASA's Voyager is in hostile territory. It's 'dodging bullets.'NYT Connections hints and answers for November 3: Tips to solve 'Connections' #511.Pluto's 'heart' is yet another bummer for the dwarf planetArkadium mini crossword answers for November 4Scientists found a colossal black hole near the dawn of timeNASA rover discovers mysterious Mars boulder unlike any othersTaobao and Tmall deepen partnership with Xiaohongshu to power seamless cross Best Dyson deal: Save $130 on a refurbished Dyson V11 at Walmart New 'Bluey' episodes are coming soon, but there's a catch! Girona vs. Barcelona 2024 livestream: Watch La Liga for free 'Apple Pencil Pro' tipped for Apple May 7 event: 3 new features it could have LSG vs. KKR 2024 livestream: Watch IPL for free SRH vs. LSG 2024 livestream: Watch IPL for free Wordle today: The answer and hints for May 9 What is Bumble, and is it better than Tinder? Best streaming deal: Get an Amazon Fire TV Stick from just $19.99 Manchester City Women vs. Arsenal Women 2024 livestream: Watch WSL for free
0.195s , 9968.546875 kb
Copyright © 2025 Powered by 【??????? ??? ??????? ????????】Meituan CEO cuts stake in Li Auto amid food delivery price war in China · TechNode,Feature Flash
