Chinese online car-selling platform Autohome targets US$984 million in Hong Kong secondary listing

Source: South China Morning PostAutohome, an online platform for buying and selling cars, is seeking to raise up to HK$7.6 billion (US$984 million) through a secondary listing of its shares in Hong Kong.The Beijing-headquartered company, whose American depositary receipts (ADR) are already trading on the New York Stock Exchange, is selling 30.3 million shares at no more than HK$ 251.8 each.The Hong Kong public offering runs from Thursday until next Tuesday, with trading on the main board scheduled to start on March 15.The…Read More

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