Deutsche Bank Cuts Nio Stake, Adds XPeng and Li Auto Shares
Deutsche Bank increased its XPeng holdings by adding 1,010,116 shares in Q2, lifting its position by 597% to nearly 1.2 million shares, and also added 317,724 shares in Li Auto between April and June. Its Nio stake fell after selling 74,359 Nio ADS, trimming its position by 17.9%. Li Auto and Nio shares declined over the quarter.