Latest news with #XingWang
Yahoo
01-04-2025
- Automotive
- Yahoo
CEO Xiang Li, Li Auto Inc.'s (NASDAQ:LI) largest shareholder sees value of holdings go down 3.7% after recent drop
Significant insider control over Li Auto implies vested interests in company growth A total of 5 investors have a majority stake in the company with 50% ownership 27% of Li Auto is held by Institutions To get a sense of who is truly in control of Li Auto Inc. (NASDAQ:LI), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are individual insiders with 30% ownership. Put another way, the group faces the maximum upside potential (or downside risk). As market cap fell to US$26b last week, insiders would have faced the highest losses than any other shareholder groups of the company. Let's take a closer look to see what the different types of shareholders can tell us about Li Auto. View our latest analysis for Li Auto Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. As you can see, institutional investors have a fair amount of stake in Li Auto. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Li Auto, (below). Of course, keep in mind that there are other factors to consider, too. Hedge funds don't have many shares in Li Auto. The company's CEO Xiang Li is the largest shareholder with 23% of shares outstanding. With 13% and 5.7% of the shares outstanding respectively, Meituan and Xing Wang are the second and third largest shareholders. Interestingly, the third-largest shareholder, Xing Wang is also a Member of the Board of Directors, again, indicating strong insider ownership amongst the company's top shareholders. On looking further, we found that 50% of the shares are owned by the top 5 shareholders. In other words, these shareholders have a meaningful say in the decisions of the company. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our information suggests that insiders maintain a significant holding in Li Auto Inc.. Insiders own US$7.7b worth of shares in the US$26b company. That's quite meaningful. It is good to see this level of investment. You can check here to see if those insiders have been buying recently. The general public-- including retail investors -- own 27% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. We can see that Private Companies own 3.9%, of the shares on issue. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company. We can see that public companies hold 13% of the Li Auto shares on issue. We can't be certain but it is quite possible this is a strategic stake. The businesses may be similar, or work together. While it is well worth considering the different groups that own a company, there are other factors that are even more important. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for Li Auto you should know about. Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Forbes
21-03-2025
- Automotive
- Forbes
China Market Update: Delivery Giant Meituan Delivers Strong Q4 Results, Week In Review
CLN After the close in Hong Kong, food and restaurant delivery company Meituan (3690 HK) reported Q4 financial results. The company's press release provides an insight into China's economy, noting that 'thanks to further online penetration and strong consumer demand,' the 'on-demand delivery business experienced steady growth.' During the earnings call, the company said it would invest in AI, drone delivery, and self-driving trucks. The first analyst question was on AI. Chairman & CEO Xing Wang responded: 'So, of course, everyone is very concerned about AI.' He referenced that their in-house large language model has improved customer service and business development by allowing more targeted work. Meituan has also successfully launched in Saudi Arabia. The company provides an interesting look at the detachment of fundamentals from the stock price. In 2019, Meituan generated RMB 97.53 billion worth of revenue, as the stock was trading at HKD 102.5 at year-end. The stock traded at an all-time high of HKD 451.40 on February 17, 2021, falling to a low of HKD 65.40 on January 31, 2024. Big picture: the company has tripled revenue since 2019 but is at 1/3rd of the all-time high! The company's P/E is 26.55 (forward P/E is 17.92) versus US-listed Doordash's P/E of 246 and India-listed Zomato's P/E of 554. Asian equities were mixed. Hong Kong and Mainland China saw another day of profit-taking due to a lack of catalysts, though Indonesia also had a rough night. It felt quiet overnight, though maybe traders skipped town early for the big F1 race in Shanghai this weekend. Trump's April 2nd tariff festival appears to be weighing on investor sentiment as investors lock in profits. Montana Senator Steve Daines is visiting Chinese government officials in Beijing today, which is a good sign, though you would never know it due to the complete lack of Western media coverage of his visit. He is the first US government official to visit China since President Trump's reelection. While no good news on China ever appears to be fit to print, all negative news must be printed, as Musk's Pentagon visit front page news. However, Bloomberg News is reporting that US Trade Representative Jamieson Greer will speak with Chinese government officials, commenting that 'Trump officials are open to a new trade deal, with a possible face-to-face meeting between Trump and Chinese President Xi Jinping'. Remember, we've heard the chatter, though it remains unconfirmed, that Xi will visit Washington, DC, in June. My Hong Kong stock market heat map from last night looks more like a bloodbath. BYD shares fell -7.69% on an investigation of their Hungary plant by the European Union, which hit autos and electric vehicle (EV) ecosystem names, though many of them report Q4 on Monday. Semiconductor Manufacturing International (SMIC) fell -7.49%. Precious metals names were hit, as Zijin Mining fell -4.95%. Xiaomi fell -3.19%, Tencent fell -1.54%, and Alibaba fell -3.54%. The selling overnight was fairly indiscriminate, as profits were locked in across sectors. Banks, insurance companies, and brokerages were not spared. Liquor names were off, as Kweichow Moutai fell. Semiconductors, chemicals, and software were all off. We noted yesterday how the Shanghai, Shenzhen, Hang Seng, and Hang Seng Tech indexes were all at big round numbers (3,400; 2,100; 25,000; and 6,000, respectively). The profit-taking has driven the stocks below those levels, with support levels not far. The quarterly Monetary Policy Committee of the People's Bank of China (PBOC), China's central bank, met, stating it would 'increase the intensity of monetary policy regulation' and reduce the bank reserve requirement ratio and interest rates based on 'domestic and foreign economic' conditions, i.e. when the US Fed cuts, the PBOC will cut. Mainland media noted how consumer loan interest rates for creditworthy customers have fallen to 2.42%. This could also be a catalyst for consumption, though China's consumers, and regulators for that matter, have historically been conservative when it comes to consumer credit. The US government agreed to negotiate with both China and Canada at the World Trade Organization (WTO) following the disputes filed by the latter. The Hang Seng and Hang Seng Tech indexes fell -2.19% and -3.37%, respectively, on volume that increased +15% from yesterday, which is 206% of the 1-year average. 82 stocks advanced, while 402 stocks declined. Main Board short turnover increased +14% from yesterday, which is 212% of the 1-year average, as 16% of turnover was short turnover (Hong Kong short turnover includes ETF short volume, which is driven by market makers' ETF hedging). The value factor and large caps 'outperformed' (i.e. fell less than) the growth factor and small caps. All sectors were negative, led lower by Health Care, which fell -0.62%, Materials, which fell -3.75%, and Consumer Discretionary, which fell -3.35%. The top-performing subsectors were construction materials, consumer durables, and apparel. Meanwhile, consumer services, semiconductors, and autos were among the worst-performing subsectors. Southbound Stock Connect volumes were 3X pre-stimulus levels, as Mainland investors bought a net $291 million worth of Hong Kong-listed stocks and ETFs, including China Mobile. However, SMIC, Xpeng, Tencent, Kuaishou, Meituan, Alibaba, and BYD were all net sold within the program. Shanghai, Shenzhen, and the STAR Board all closed lower by -1.29%, -1.81%, and -2.06%, respectively, on volume that increased by +7.74% from yesterday, which is 130% of the 1-year average. 793 stocks advanced, while 4,247 stocks declined. Value stocks and small caps 'outperformed' (i.e. fell less than) growth stocks and large caps. All sectors were negative, led lower by Consumer Discretionary, which fell -2.87%, Information Technology, which fell -2.36%, and Materials, which fell -1.64%. The top-performing subsectors were energy equipment, steel, and ports. Meanwhile, autos, leisure products, and computer hardware were among the worst-performing subsectors. Northbound Stock Connect volumes were above average. CNY and the Asia Dollar Index both managed small gains versus the US dollar. Treasury bond prices fell. Copper fell, and steel rose. Live Webinar Join us on Thursday, March 13, 2025 at 10 am EDT for: The Future of Carbon in the Trump Era Please click here to register New Content Read our latest article: 2025 China Outlook: A Recipe For Re-Rating Please click here to read Chart1 Chart2 Chart3 Chart4 Chart5
Yahoo
13-02-2025
- Science
- Yahoo
Researchers create incredible 'DNA NanoGripper' that could revolutionize medicine: 'This approach has bigger potential'
University of Illinois researchers have created a nanorobot that can cling to individual virus cells, according to Nice News. "We wanted to make a soft material, nanoscale robot with grabbing functions that never have been seen before, to interact with cells, viruses and other molecules for biomedical applications," said lead researcher Xing Wang in a release by the school. "We are using DNA for its structural properties. It is strong, flexible and programmable. Yet even in the DNA origami field, this is novel in terms of the design principle. We fold one long strand of DNA back and forth to make all of the elements, both the static and moving pieces, in one step." The so-called NanoGripper has been initially used to bind to COVID-19 cells. Thanks to a little collaboration with computer scientists, researchers have been able to make a highly accurate COVID test on par with what's used in hospitals. When you're choosing health and beauty products, which of these factors is most important to you? Cost Brand name Ingredients Packaging Click your choice to see results and speak your mind. "Our test is very fast and simple since we detect the intact virus directly," electrical and computer engineering professor Brian Cunningham said. "When the virus is held in the NanoGripper's hand, a fluorescent molecule is triggered to release light when illuminated by an LED or laser. When a large number of fluorescent molecules are concentrated upon a single virus, it becomes bright enough in our detection system to count each virus individually." Researchers foresee many uses for this technology, including preventative medicine, diagnostics, and treatment for a wide range of serious diseases. "This approach has bigger potential than the few examples we demonstrated in this work," said Wang. It would be great to see a tool like this aimed at problems introduced by microplastics in the body, or the effects of particulate pollution, assuming it is as flexible as suggested. Of course, we aren't likely to see practical, large-scale applications of this technology for a few years, but it's certainly a novel and promising development. Join our free newsletter for weekly updates on the latest innovations improving our lives and shaping our future, and don't miss this cool list of easy ways to help yourself while helping the planet.
