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Leapmotor responds to rumors of suspending Hong Kong IPO

News Snapshot:

Today, Leap Motor responded to the report that "the company suspends the US$1.5 billion Hong Kong IPO", saying that this is false information. This also means that Leap Motor's Hong Kong IPO is still in progress. Leapmotor is a technology-based smart electric vehicle brand under Zhejiang Leapao Technology Co., Ltd. It was established in December 2015. According to the announcement of the Hong Kong Stock Exchange, Zhejiang Leapao Technology Co., Ltd. has submitted an IPO application to the Hong Kong Stock Exchange. The joint sponsors are China International Capital Corporation, Citigroup, JPMorgan Chase, and CCB International. In August this year,…

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