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Tuhu Car IPO Gets Off To Slow Start Despite Star Power - Cango (NYSE:CANG)

Key Takeaways: Tuhu has been backed by five established investors including Tencent, Leapmotor and Gotion High-Tech in its public offering starting last Friday The company posted an adjusted profit for the first time in its latest half-year earnings but its Hong Kong shares got a lukewarm response from the public By A. Au

Tencent-backed car services platform Tuhu wins approval for Hong Kong IPO

Tencent-backed Tuhu Car Inc has won the Hong Kong stock exchange's approval for its planned initial public offering (IPO).

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