on Tuesday announced the launch of a global offering of 100 million shares of its Class A common stock, including a public offering of 10 million shares in Hong Kong and an international offering of 90 million shares.

Li Auto will take the same dual-primary listing as Motors to list on the main board of the Hong Kong Stock Exchange under the symbol "2015." Li Auto was founded in July 2015.

The company's offering price will be no more than HK$150, or $19.29, which is equivalent to $38.58 per ADS.

Li Auto closed up 0.87 percent to $33.68 in the US on Monday, and the maximum offering price implies a 14.55 percent premium.

This means Li Auto is seeking up to HK$15 billion ($1.9 billion) in financing in its Hong Kong listing.

The company will set the final pricing for its international offering on Aug. 6, when it will consider the closing price of its ADSs in the US and investor demand.

Li Auto expects its shares will begin trading on the Hong Kong Stock Exchange with board lots of 100 Class A ordinary shares at 9 a.m. on Thursday, Aug. 12.

Investors participating in the Hong Kong public offering will be required to pay an additional 1% brokerage commission, a 0.0027% HKSRC transaction fee and a 0.005% SEHK transaction fee, meaning that the threshold for investor participation is HK$15,151.155.

The company expects to grant an over-allotment option to the international underwriters, who may request Li Auto to issue up to a total of 15,000,000 shares at the international offer price.

Li Auto said it plans to use the net proceeds for research and development of HPC BEV technologies, platforms, and future models, intelligent vehicle and autonomous driving technologies, and future EREV models; expansion of production capacity, retail stores, delivery and servicing centers, roll-out of HPC network, and marketing and promoting; and working capital and other general corporate purposes.

Li Auto passes HKEx listing hearing