Why Li Auto Stock Is Trading Higher

Li Auto Inc. (NASDAQ: LI) shares are trading higher Monday amid reports China may introduce new fiscal stimulus.

The Details:

According to a report from Reuters, China will accelerate the issuance of government bonds and increase efforts to leverage the role of special bonds in order to boost its struggling economy.

The same report cites the finance minister Lan Foan as saying, "The Ministry of Finance ...

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