Reuters reveals China EV maker Leapmotor places off $1.5 billion Hong Kong IPO – Reuters Information Company

Enterprise & Finance

Reuters solely revealed that Chinese language electrical car maker Zhejiang Leapmotor Expertise has shelved a plan to lift $1.5 billion via an preliminary public providing in Hong Kong due to lukewarm investor curiosity. Bankers and advisers had hoped a deal of the scale deliberate by Leapmotor, which might have been Hong Kong’s largest IPO thus far in 2022, would revive town’s flagging new challenge market.

Article Tags

Matters of Curiosity: Enterprise & Finance

Kind: Reuters Greatest

Sectors: Equities

Areas: Asia

Nations: China

Win Sorts: Exclusivity

Story Sorts: Unique / Scoop

Media Sorts: Textual content

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