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Li Auto Plans HK Listing

07/26/2021 | 08:39pm
Li Auto Inc. (NasdaqGS:LI) plans to list on the Hong Kong stock exchange, making it the latest U.S.-listed Chinese company seeking to tap investors closer to home. Li Auto has appointed Goldman Sachs and China International Capital Corp. as joint sponsors for the listing, a filing showed yesterday. UBS is also advising on the deal. Meituan is among Li Auto’s investors, holding a 13.2% equity. The filing didn’t disclose the timing nor the size of the offer.
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