Premier Li Qiang Just Gave Li Auto (LI) Stock a Huge Boost Higher


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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Li Auto (NASDAQ:LI) stock jumped nearly 9% in early trading on news of a new economic plan from China’s government. The plan emphasizes manufacturing and central government loans at the expense of real estate and local government. Premier Li Qiang addressed a Shanghai trade fair over the weekend, promising to relax market access, protect foreign investment, and build a market-oriented business environment. China’s economy grew at a 4.9% rate during the third quarter, the government said, beating estimates of a 4.5% growth. Li stock opened this morning at $39.63 per...