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MEITUAN-W CEO Wang Xing Sells LI AUTO-W Shrs 4 Times, Pocketing ~$700M
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Wang Xing, CEO of MEITUAN-W (03690.HK) and non-executive director of LI AUTO-W (02015.HK) (LI.US), reduced his holdings in LI AUTO-W over four consecutive days from last Tuesday to Friday (March 18-21), according to the equity disclosure data from the Hong Kong Stock Exchange.

He sold 1.5 million, 1.5 million, 2 million, and 1.5 million shares of LI AUTO-W respectively on the four days, at average prices of HKD110.9737, HKD109.1931, HKD107.1994, and HKD102.1508 per share, totaling nearly HKD698 million.

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Following these consecutive sales, Wang Xing’s stake in LI AUTO-W has decreased from 21.3% to 20.94%.
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