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China Central Bank Cuts Rates to Boost Economy Amid Tariff Threat
Li Xiang's annual salary is 0.639 billion? Official clarification: the actual salary is 2.66 million yuan, and to unlock the Stock-based Incentive now requires an outlay of 0.23 billion.
Sina Technology reported on the afternoon of May 7 that a news piece claiming "Li Xiang's annual salary is 0.639 billion" sparked heated discussions. Sina Technology verified this with Li Auto internally, and the official statement indicated that this claim is not accurate. In fact, Li Xiang's total actual compensation for 2024 is 2.66 million yuan. The disclosed 0.639 billion pertains to the company's special accounting treatment for Options according to the accounting standards for U.S. listed companies, and it does not represent Li Xiang's actual salary earnings. According to the stock incentive plan publicly disclosed by Li Auto, Li Xiang must achieve the sales targets set by the company to receive this 18 million Shares Options award.
Hong Kong stocks move | Li Auto-W (02015) rises more than 3%, weekly sales exceed ten thousand, and the new version of the L series is about to be released.
Li Auto Inc. - W (02015) rose by over 3%, as of the time of publication, it increased by 3.45% to 102 Hong Kong dollars, with a transaction amount of 1.16 billion Hong Kong dollars.
China Lowers Rates and Makes Bank Lending Easier in Response to Tariffs
Express News | China's Official: Will Lower Interest Rates on Structural Policy Tools by 25 Bps; Guide Commercial Banks to Lower Deposit Rates; To Help A-Share Listed Companies Affected by Tariffs to Cope With Difficulties
Express News | In Overnight Trading, U.S.-Listed Chinese Stocks and ETFs Surge After China's Official Announces Series of Policies; DUO Surges 17%, BEKE Rises 4%; Alibaba, JD and Bilibili Rise 2%, YINN Up 4%, CWEB Rises 3%
