Market News: Chery Automobile Eyes $1.5 Billion IPO in Hong Kong Next Month
3 week ago / Read about 0 minute
Author:小编   

Chery Automobile is set to launch an Initial Public Offering (IPO) on the Hong Kong Stock Exchange as early as September, with the aim of raising $1.5 billion. The funds will be allocated towards the research and development of new energy vehicle models, expansion into overseas markets, and the enhancement of its supply chain infrastructure.