China Car Rental Firm eHi Weighs $1 Billion Hong Kong IPO
Bloomberg News, Bloomberg News A customer receives keys to their new car beneath a protective plastic barrier at a Ford Motor Co. and Kia Motors Corp. car dealership in Clifton, New Jersey, U.S, on Wednesday, May 20, 2020. Governor Phil Murphy has lifted restrictions on in-person auto sales, provided the businesses follow social distancing guidelines, NBC reported. Photographer: Angus Mordant/Bloomberg , Bloomberg
(Bloomberg) eHi Car Services Ltd., a Shanghai-based car rental company, is considering an initial public offering in Hong Kong that could raise about $1 billion, according to people familiar with the matter.