EV Maker Li Auto Seeks $1.9 Billion in Hong Kong Listing
Yahoo! Finance
(Bloomberg) -- Electric vehicle maker Li Auto Inc. is looking to raise as much as HK$15 billion ($1.9 billion) in its Hong Kong listing, pushing ahead with its offering even as investors continue to reel from China’s clampdown on business.The Beijing-based firm is offering 100 million shares for as much as HK$150 each, according to a statement.The offering is being split into 10 million shares for Hong Kong retailers and the rest for international investors, whose shares could be priced higher,
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