| Reuters exclusively revealed that Chinese electric vehicle maker Zhejiang Leapmotor Technology has shelved a plan to raise $1.5 billion through an initial public offering in Hong Kong because of lukewarm investor interest. Bankers and advisers had hoped a deal of the size planned by Leapmotor, which would have been Hong Kong’s largest IPO so far in 2022, would revive the city’s flagging new issue market. |
Business & Finance
09 September 2022, 6:14 pm. 1 minute
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: Asia
Countries: China
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
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