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Meituan CEO Wang Xing Further Decreases Stake in Li Auto, Holding Now at 20.61%
1 day ago /
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Author：小编
On June 17, as per the equity disclosure information released by the Hong Kong Stock Exchange, between June 10 and 13, Wang Xing, CEO of Meituan, reduced his stake in Li Auto by a cumulative 5.737 million shares. This transaction fetched him over HK$600 million in cash, resulting in his shareholding ratio decreasing from 20.94% to 20.61%. This marks the second time within the year that Wang Xing has decreased his investment in Li Auto. Earlier in March, he had sold 6.5 million shares, realizing approximately HK$700 million in cash.
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