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Chery Automobile seeks $1.2bn in Hong Kong listing
Yahoo Finance· 2025-09-18 10:47
Chery Automobile, a Chinese car manufacturer, is aiming to raise as much as HK$9.14bn (approximately $1.17bn) through an initial public offering (IPO) in Hong Kong. According to a recent submission to the Hong Kong stock exchange, the company plans to issue 297.4 million shares, with pricing set between HK$27.75 and HK$30.75. The final share price is anticipated to be disclosed on September 23. There is also a possibility to increase the offering by an additional 44.61 million shares if the overallotment ...