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Stock Track | Li Auto Soars on China's Massive Stimulus Measures

Li Auto Inc., a leading Chinese electric vehicle manufacturer, saw its shares surge 9.37% on Monday, September 24, 2024, riding the wave of a broader rally in Chinese stocks listed in the U.S. market. This rally was fueled by China's announcement of a massive economic stimulus package aimed at reviving its struggling economy and beleaguered equity markets.The People's Bank of China unveiled a slew of measures, including a cut in a key short-term interest rate and plans to reduce the amount of c

Stock Track | Li Auto Soars on China's Massive Stimulus Measures

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