According to an exclusive source of Tencent News, $li Auto Inc.(LI.US)$ has submitted a listing application to the Hong Kong Stock Exchange at the end of May, in the form of a dual listing, with Goldman Sachs as one of its sponsors.
Though Li Auto was listed on NASDAQ for less than one year, the company is hoping to return to the Hong Kong stock market to raise capital mainly because the new energy sector is the windfall now.
If it waits for two years and then returns to Hong Kong with a secondary listing, it is very likely that the market has already changed by then and the fundraising will face more uncertainty.
If all goes well in the Hong Kong listing application, Li Auto would be listed in Hong Kong around the end of August.
At the time of press, $li Auto Inc.(LI.US)$'s shares were up 0.06% premarket.
