China’s Li Auto sees shares fall after price cuts

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Shares of Chinese electric vehicle maker Li Auto fell as much as 8.3% in Hong Kong on Monday and were nearly 5.6% lower on the Nasdaq, reflecting investors’ concerns that its first official price cuts will put pressure on profit margins. The company on Monday slashed prices by up to RMB 20,000 ($2,760) on its[…[…
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作者 gocpmall