Chinese auto equipment maker Autel seeks to raise $175m in STAR Market IPO

Chinese auto equipment maker Autel seeks to raise $175m in STAR Market IPO

Auto factory. Photographer: Stefan Kleinowitz/Bloomberg

Autel Intelligent Technology Corp, a Chinese firm that develops automobile electronic equipment, is seeking to raise 1.218 billion yuan ($175 million) in an initial public offering (IPO) on the STAR Market.

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