Lates News

The disclosure data of the Hong Kong Stock Exchange showed that from June 10th to June 13th, Meituan CEO Wang Xing cumulatively reduced his holdings of Ideal Cars by 5.737 million shares, with a total cash-out amount exceeding 600 million Hong Kong dollars, and his shareholding ratio decreased from 20.94% to 20.61%. In response to this, Ideal Cars stated to reporters: "Recently, Wang Xing sold shares during the window period. The specific number of shares sold is subject to the DI form (Disclosure of Interest form) filed by Wang Xing. This transaction is a personal behavior transaction and only accounts for a small part of his total holdings, not involving the portion held by Meituan. Specific holding information will be subject to the annual report of the company after it is issued." (Daily Economic News).