Li New Energy Hits Limit-Down, Turnover Exceeds RMB 1 Billion

Li New Energy fell to the limit-down during intraday trading on the exchange. The stock declined 9.96%, the maximum daily drop permitted for the counter, with turnover surpassing RMB 1 billion for the session. The move marks a sharp single-session decline for the company's shares, with trading activity concentrated as the stock hit its lower price limit.