December 24, 2024

China EV Maker Leapmotor Set To Raise $800 Million In Hong Kong IPO

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China EV Maker Leapmotor Set To Raise $800 Million In Hong Kong IPO

 

Chinese electric vehicle (EV) maker Zhejiang Leapmotor Technology is set to raise $800 million by pricing its shares at HK$48 ($6.12) each in its Hong Kong initial public offering (IPO), said two sources with direct knowledge of the matter.