The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Unique: China EV maker Leapmotor places off $1.5 billion Hong Kong IPO

News Snapshot:

Register now for FREE limitless entry to Reuters.com HONG KONG, Sept 9 (Reuters) – Chinese language electrical car maker Zhejiang Leapmotor Know-how has shelved a plan to lift $1.5 billion via an preliminary public providing (IPO) in Hong Kong due to lukewarm investor curiosity, stated two sources with direct data 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 thus far in 2022, would revive town’s flagging new difficulty market. As a substitute, the deal has been placed on maintain and Leapmotor is contemplating slicing…

Other China Tech Buzz: