When executives at Chinese electric vehicle (EV) maker Xpeng Motors were celebrating the firm’s $1.5-billion trading debut on the New York Stock Exchange (NYSE) in late August, they knew at the back of their minds that their US listing, to ride on the rallies of peers such as Tesla, might come at a cost. But they did not expect it to land so quickly.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $52.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at email@example.com