China EV maker Leapmotor launches up to $1b Hong Kong IPO

China EV maker Leapmotor launches up to $1b Hong Kong IPO

Photo: HKEX website

Chinese electric vehicle maker Zhejiang Leapmotor Technology is aiming to raise $1.03 billion in a Hong Kong initial public offering, according to regulatory filings, that would be the largest in the city in 2022.

The company is selling 130.82 million shares in the deal that will be sold in a price range of HK$48 to HK$62 each, the filings showed.

Bring stories like this into your inbox every day.

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