Meituan CEO Wang Xing Unloads Li Auto Shares for HK$700 Million Over Four Days
2025-03-25 / Read about 0 minute
Author:小编   

From March 18 to 21, Wang Xing, CEO of Meituan, reduced his stake in Li Auto on four occasions, selling a total of 6.5 million shares and realizing approximately HK$700 million. Following these transactions, Wang Xing's shareholding in Li Auto dipped from 21.3% to 20.94%, though he continues to hold a significant position as a major shareholder. Li Auto clarified that these sales were solely Wang Xing's personal decisions and did not involve any changes to Meituan's ownership stake. Wang Xing has a history of multiple investments in Li Auto, significantly contributing to its growth and development.