Li Auto CEO Hong Kong’s highest-paid executive, Webb-site shows

Li Xiang, CEO of Li Auto. Photo: Sohu

Chinese electric-vehicle maker Li Auto’s founder and CEO Li Xiang topped Hong Kong’s paid director ranking for 2024 with a total remuneration package of about HK$680 million (US$87.4 million).

According to the latest director pay league table published by Webb-site on Sunday, the financial data platform founded by corporate governance activist David Webb, Li’s HK$679.78 million package was made up of HK$676.78 million in stock options and a HK$2.83 million base salary.

According to the survey, 31 directors sitting on the boards of Hong Kong–listed companies received annual compensation packages exceeding HK$100 million.

Wang Xuning, chairman and CEO of Chinese small kitchen appliance maker JS Global Lifestyle - which operates the well-known mainland brand Joyoung - ranked second on the league table with total earnings of HK$520.51 million.

While Li Auto’s stock performance slumped 35.7 per cent last year, the company reported a return on equity of 11.9 per cent. JS Global Lifestyle’s stock price, meanwhile, gained 7.5 per cent last , but reported a negative return on equity of 14.5 per cent.