201. Chip Hoarding Now in China's Sights Hits EV Upstart Li Auto.
- Author
-
Bloomberg News
- Subjects
STOCK prices ,STOCK exchanges ,COVID-19 pandemic ,GROSS margins - Abstract
Keywords: LI; XPEV; ALLTOP; ASIA; ASIATOP; AUTOMOTIVE; BUSINESS; CHINA; CONS; CONSD; COS; GOV; HK; INDUSTRIAL; INDUSTRIES; MARKETS; NORTHAM; SEM; STK; SVC; TEC; TRN; TRNTOP; US; WORLD; WWTOP; WWTOPAS EN LI XPEV ALLTOP ASIA ASIATOP AUTOMOTIVE BUSINESS CHINA CONS CONSD COS GOV HK INDUSTRIAL INDUSTRIES MARKETS NORTHAM SEM STK SVC TEC TRN TRNTOP US WORLD WWTOP WWTOPAS Chinese electric vehicle startup Li Auto Inc. has been affected by the hoarding of semiconductor chips that has become the latest target of a government crackdown. Mainland firms listed stateside have been seeking trading footholds in Hong Kong as a way to hedge against the risk of being delisted from American exchanges as well as broadening their investor base. [Extracted from the article]
- Published
- 2021