Aug 12th, 2021

Li Auto's Shen on H.K. Listing, Chip Shortage

Chinese electric vehicle startup Li Auto starts trading in Hong Kong after raising $1.5 billion. Executive Director and President Shen Yanan says the secondary listing will give the automaker a hedge against the risk of being kicked off U.S. exchanges. Shen discusses its fundraising plans, chip shortage impacts, and outlook of China's EV industry. He speaks exclusively with Bloomberg's John Liu. (Source: Bloomberg)