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Tesla rival Li Auto targets US$1.9 billion in Hong Kong IPO as Chinese electric car sales soar

Source: yahoo.com yahoo.com
News Snapshot:

Tesla rival Li Auto targets US$1.9 billion in Hong Kong IPO as Chinese electric car sales soar – Oops!Something went wrong.Please try again later. – Oops!Something went wrong.Please try again later. – Oops!Something went wrong.Please try again later. Li Auto, the Chinese electric car maker backed by online delivery giant Meituan, has set the maximum price of its Hong Kong initial public offering at HK$150 (US$19.29) per share, which would enable it to raise up to US$1.9 billion and exceed the amount raised in its New York IPO a year ago. Last July, Li Auto raised US$1.1 billion on the…

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