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China's No 2 carmaker Chery seeks US$1.2 billion in Hong Kong IPO
Yahoo Finance·2025-09-17 17:30

Chery Automobile, China's second-largest carmaker by volume, aims to raise as much as HK9.14billion(US9.14 billion (US1.2 billion) through a Hong Kong stock offering, joining a wave of mainland companies tapping into strong investor sentiment in the electric vehicle (EV) sector. China's second-biggest carmaker said it would offer 297.4 million shares priced between HK27.75andHK27.75 and HK30.75, with the final offer price to be determined on September 23, according to a filing with the Hong Kong stock exchange on Wednesday. ...