Wang Xing, Non-Executive Director of LI AUTO-W (02015.HK) and Chairman of MEITUAN-W (03690.HK), reduced his stake in LI AUTO-W by selling a total of 5.7357 million H shares over four consecutive days from June 10 to 13, according to the disclosure of interests from the Hong Kong Stock Exchange.
The average selling price ranged from approximately HKD109.86 to HKD117.1 per share, accumulating a total cash out of about HKD650 million. Wang's shareholding in LI AUTO-W decreased to 20.6%.
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