Li Auto Inc. (LI) IPO Opens 35% Higher
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Li Auto Inc. Announces Pricing of Initial Public Offering
July 30, 2020 8:41 AM EDTBEIJING, China, July 30, 2020 (GLOBE NEWSWIRE) -- Li Auto Inc. (Li Auto or the Company) (Nasdaq: LI), an innovator in China's new energy vehicle market, today announced the pricing of its initial public offering of 95,000,000 American depositary shares (ADSs), each representing two Class A ordinary shares of the Company, at a price to the public of US$11.50 per ADS. The ADSs are expected to begin trading on the Nasdaq Global Select Market today under the symbol "LI." The offering is expected to close on August 3, 2020, subject to customary closing conditions.
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