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Chery Automobile Receives Unprecedented Approval from China Securities Regulatory Commission for Hong Kong IPO
2 week ago /
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Author：小编
On August 27, the China Securities Regulatory Commission (CSRC) issued an official notice, affirming the landmark filing for the overseas listing and "full circulation" of domestically unlisted shares of Chery Automobile Co., Ltd. Chery Automobile intends to issue no more than 699 million overseas-listed ordinary shares and list them on the Hong Kong Stock Exchange. Concurrently, 18 shareholders of the company aim to convert a total of 2.016 billion domestically unlisted shares into overseas-listed shares, thereby enabling their circulation on the Hong Kong Stock Exchange. This unprecedented filing notice signifies a significant milestone in Chery Automobile's journey towards listing in Hong Kong.
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