Hong Kong shares of Li Auto fall as key shareholder trims stake

Li Auto

18/06/2025 03:24

** Hong Kong shares of Chinese electric vehicle (EV) maker Li Auto 2015.HK fall 4.7% to HK$103.5, their lowest since May 9, and on track for the second session of decline

** Stock set for the biggest one-day drop since April 7

** Top pct loser on Hang Seng Tech Index .HSTECH and Hang Seng Automobile Index .HSAMI, which falls 1.7% and 1.2% respectively

** U.S.-listed stock LI.O fell 4.5% on Tuesday

** Meituan 3690.HK chairman Wang Xing sold an aggregate 5.735 mln Hong Kong shares of Li Auto in four transactions at an average price of between HK$109.8554 and HK$117.1003 during the period from June 10 to 13, a Hong Kong bourse disclosure showed

** Wang's stake in Li Auto reduced to 20.61% after the deals from 20.88%

** Hang Seng Commerce & Industry Index .HSNC falls 1.5%, Hang Seng Index .HSI down 1.2%

** YTD, Hong Kong stock up 10.3%, U.S.-listed shares up 12.3%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))