The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

China EV maker Leapmotor places off $1.5 bln Hong Kong IPO, Auto Information, ET Auto

News Snapshot:

By Scott Murdoch and Julie Zhu HONG KONG: Chinese language electrical car maker Zhejiang Leapmotor Know-how has shelved a plan to boost $1.5 billion by way of an preliminary public providing (IPO) in Hong Kong due to lukewarm investor curiosity, mentioned two sources with direct information of the matter. Bankers and advisers had hoped a deal of the dimensions deliberate by Leapmotor, which might have been Hong Kong’s largest IPO to this point in 2022, would revive town’s flagging new subject market. As an alternative, the deal has been placed on maintain and Leapmotor is contemplating chopping the dimensions of…

Other China Tech Buzz: