EV maker Leapmotor set to raise $800m in Hong Kong IPO — less than target: report

EV maker Leapmotor set to raise $800m in Hong Kong IPO — less than target: report

Leapmotor

China electric vehicle (EV) maker Zhejiang Leapmotor Technology is set to raise $800 million by pricing its shares at HK$48 ($6.12) each in its Hong Kong initial public offering (IPO), according to two sources with direct knowledge of the matter.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter