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Li Auto shares down 4% after debt issuance news

Dow Jones2021-04-07

American depositary receipts of Li Auto Inc. $(LI)$ fell more than 4% in the extended session Tuesday after the Chinese electric-car maker said it plans on offering up to $750 million in convertible senior notes due in 2028, subject to market conditions. Li also plans to grant the initial buyers of the notes an option to buy up to an additional $112.5 million in notes. Proceeds will be used to fund research and development of new vehicle models, including battery electric models, other R&D and for working capital and other general corporate purposes, Li said. The ADRs ended the regular trading day up 2.4%.

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Comment26

  • loneorion
    ·2021-04-07
    Good to spend on RnD. Long term investment
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  • _JC
    ·2021-04-07
    Halp ?
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  • UnKnown_User
    ·2021-04-07
    Ok
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  • HKhin
    ·2021-04-07
    Back by government??
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  • Tiongwee
    ·2021-04-07
    Wow... pleas help 
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  • Ionics
    ·2021-04-07
    Like n comment pls ty
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    • Tiongwee
      Done. Pls help too
      2021-04-07
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    • AS78
      Agreed. Please comment back, thanks  [龇牙]
      2021-04-07
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  • Jusdidas
    ·2021-04-07
    Like and comment please
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    • YiiYiiReplying toIonics
      Here you go
      2021-04-07
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    • AS78
      Agreed. Please comment back, thanks  [龇牙]
      2021-04-07
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    • YiiYii
      Done
      2021-04-07
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    View more 1 comments
  • IvanAung
    ·2021-04-07
    Ok
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  • imsomeonelse
    ·2021-04-07
    Accumulate for longer term
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  • Boo2bear
    ·2021-04-07
    Like n comment pls Tks
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    • YiiYii
      Sure
      2021-04-07
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    • IvanAung
      Sure
      2021-04-07
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  • Jack in the Stock
    ·2021-04-07
    That’s why we buy NIO 
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  • pinghu
    ·2021-04-07
    Like and comment pls
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    • AS78
      Agreed. Please comment back, thanks  [龇牙]
      2021-04-07
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    • YiiYii
      Sure
      2021-04-07
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  • MightyPooP
    ·2021-04-07
    Like and comment pls
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    View more 2 comments
  • JJTTT
    ·2021-04-07
    Like
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  • imteng87
    ·2021-04-07
    Like n comment pls..
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    • YiiYii
      Done
      2021-04-07
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  • SSVC
    ·2021-04-07
    Ouch.. Appreciate your response and comments Thanks 
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    • SSVC
      [强][握手]
      2021-04-07
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    • deeplearning
      done, please like and comment~
      2021-04-07
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    • Acella
      hi!
      2021-04-07
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  • PuriPuri
    ·2021-04-07
    Time to buy more for long term 
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  • PTKH
    ·2021-04-07
    Sad
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  • ThaigerB
    ·2021-04-07
    Matter of time 
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  • AndyQuak
    ·2021-04-07
    Please like n comment Thanks 
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    • AndyQuak
      good
      2021-04-07
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    • AS78
      Agreed. Please comment back, thanks  [龇牙]
      2021-04-07
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