China electric cars: Li Auto gets nod for IPO, dual primary listing in Hong Kong

Source: Tech – South China Morning PostLi Auto, the Chinese electric-vehicle maker backed by on-demand delivery service giant Meituan, has got the go-ahead from Hong Kong stock exchange for an initial public offering, just 12 months after its debut in New York.The EV start-up will join rival Xpeng, which became the first Chinese EV company to list in Hong Kong via a dual primary listing following its US$1.8 billion fundraising this month.The Beijing-based company plans to list on the main board through a dual primary listing, which…Read More

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