Tiger Global acquired 12.8 Million Li Auto- ADR shares worth $300 Million. That's 2.67% of their equity portfolio (11th largest holding). The investor owns 1.49% of the outstanding Li Auto- ADR stock. Tiger Global started to build up the position in Li Auto- ADR in Q3 2020 and continued to invest until Q1 2022. Since then they sold 7 Million shares. The investor's estimated purchase price is $365 Million, resulting in a loss of 18%.
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