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Chinese EV manufacturer Li Auto plans $1.9 billion Hong Kong listing
FILE PHOTO: People stand near the logo of Chinese electric vehicle (EV) maker Li Auto at a product launch event in Beijing, China May 25, 2021. REUTERS/Yilei Sun
August 3, 2021
(Reuters) – Chinese electric vehicle manufacturer Li Auto Inc said on Tuesday it was looking to raise as much as HK$15.0 billion ($1.93 billion) in an initial public offering (IPO) in Hong Kong.
Li Auto’s proposal for secondary listing comes nearly a month after rival XPeng Inc raised $1.8 billion in its Hong Kong debut, aiming to bank on the rising investor interest in electric vehicle makers.
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Chinese EV manufacturer Li Auto plans US$1.9 billion Hong Kong listing Chinese electric vehicle manufacturer Li Auto Inc said on Tuesday it was looking to raise as much as HKUS$15.0 billion (US$1.93 billion) in an initial public offering (IPO) in Hong Kong.
FILE PHOTO: People stand near the logo of Chinese electric vehicle (EV) maker Li Auto at a product launch event in Beijing, China May 25, 2021. REUTERS/Yilei Sun
03 Aug 2021 08:45AM Share this content
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REUTERS: Chinese electric vehicle manufacturer Li Auto Inc said on Tuesday it was looking to raise as much as HKUS$15.0 billion (US$1.93 billion) in an initial public offering (IPO) in Hong Kong.