Li Xiang jumps 40% on IPO – here is everything you need to know

Li Xang (NASDAQ: LI), an electric vehicle (EV) company, soared 40% on its market debut yesterday. At face value, an investment sounds excellent. Because all EV stocks are rising and it is one day after IPO, so bullish momentum should still be there. However, beneath the water lie sharks such as the ruthless competition of […]