US-Listed Chinese Stocks, ETFs Surge on New Stimulus Reports [Yahoo! Finance]
Li Auto Inc. - American Depositary Shares (LI)
Company Research
Source: Yahoo! Finance
According to Bloomberg , Beijing is considering injecting up to 1 trillion yuan ($142 billion) of capital into its biggest state banks to increase their capacity to shore up the economy, its first such move since the global financial crisis of 2008. China had announced plans to inject money into its state lenders when it laid out a massive monetary stimulus package to boost the economy on Tuesday—but was scant on details. Meanwhile, China's state-run Xinhua News Agency reported that top leaders are pledging to support fiscal spending and stabilize the country's struggling real estate sector. Tepper's Buy 'Everything' Moment for China Appaloosa Management founder David Tepper said on CNBC Thursday that following China's stimulus, he would buy "everything" in China. "ETFs, I would do futures—everything. Everything," the famed hedge fund manager said. The Nasdaq Golden Dragon China index ( HXC )—an index of 64 China-based companies traded in the U.S.—was up nearly 11% in early
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News
- Global and China China Charging/Swapping Research Report 2024: For Vehicle-to-Grid (V2G), OEMs Set Foot in the Electricity Sales Side Reform and Virtual Power Plants, and Explore Business Models [Yahoo! Finance]Yahoo! Finance
- Is Li Auto Inc. (LI) Among the Best EV Stocks to Buy for the Long Term? [Yahoo! Finance]Yahoo! Finance
- Li Auto Inc. (NASDAQ: LI) had its price target raised by analysts at Citigroup Inc. from $21.60 to $25.50. They now have a "neutral" rating on the stock.MarketBeat
- China's auto stocks rise unfazed by U.S. proposal to ban Chinese car parts [CNBC]CNBC
- China Market Update: PBOC Cuts With More To Come, Buybacks Roll On [Forbes]Forbes
LI
Sec Filings
- 9/6/24 - Form 6-K
- 9/6/24 - Form 6-K
- 9/3/24 - Form 6-K
- LI's page on the SEC website