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China’s Chery Automobile will open books for its Hong Kong initial public offering on September 17, aiming for a valuation of about HK$140 billion after clearing its hearing earlier this month, International Financial News reported. The automaker seeks to raise US$1.5–2.0 billion (HK$11.7–15.6 billion) in what could become the largest carmaker IPO in Hong Kong [……
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Chery to Launch Hong Kong IPO Bookbuild on Sept 17, Targeting HK$140B Valuation
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13:19
China’s Chery Automobile will open books for its Hong Kong initial public offering on September 17, aiming for a valuation of about HK$140 billion after clearing its hearing earlier this month, International Financial News reported. The automaker seeks to raise US$1.5–2.0 billion (HK$11.7–15.6 billion) in what could become the largest carmaker IPO in Hong Kong
