China's Li Auto shares make weak HK debut, says considering mainland listing

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China's Li Auto shares make weak HK debut, says considering mainland listing

Reuters2021-08-12

Aug 12 (Reuters) - Chinese electric vehicle maker Li Auto made a weak debut in Hong Kong on Thursday as its shares traded flat, while the company also flagged it could consider a mainland listing. The...

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KLC
·2021-08-13
Agreed
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1
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psion
·2021-08-12
Like and comment pl
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- BabySim:
  Ok
  2021-08-22
  Reply
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kianhua84
·2021-08-12
Hi
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4
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- carrots:
  share n like
  2021-08-12
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- kianhua84:
  hi
  2021-08-12
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- IBS002:
  Hi
  2021-08-12
  Reply
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AdrielLHB
·2021-08-12
:(
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- Freedster49:
  [OK]
  2021-08-12
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ValAly
·2021-08-12
Like and comment pls
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- pat123:
  Good morning. please like
  2021-08-12
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SirBahamut
·2021-08-12
Now anything related to china, investors will add a political regulatory risk premium.
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The weaker debut followed a 1.1% rise in New York-listed Li Auto shares on Wednesday.\nLi Auto's Hong Kong deal is the first major listing of a Chinese company after mainland authorities implementedstrict new regulationson industries ranging from tech to education and online gaming.read more\nOfficials have also flagged tighterruleson companies listing overseas that have major data components in their businesses.\nAt HK$118 each, the price represented a 3.2% discount to the level where the New York stock was trading before the Hong Kong deal was launched on Aug. 3.\nLi Auto's president Shen Yanan told reporters that it is internally discussing the possibility of issuing A-shares in mainland China.\nIt is developing battery electric vehicles in addition to its current extended range electric vehicle model, which uses a different powertrain, to expand its customer base, Shen said. 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