Tesla Challenger Xpeng Inc. Aims to Raise $1.8 Billion with its Hong Kong IPO

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Tesla Challenger Xpeng Inc. Aims to Raise $1.8 Billion with its Hong Kong IPO

Chinese smart electric vehicle startup XPeng Inc announced the pricing of its global offering of 85,000,000 shares for its upcoming Hong Kong IPO, following its U.S. IPO last year. The EV startup said it would raise $1.8 billion to expand its product line-up and develop new technologies with its listing in Hong Kong.

Tesla Challenger Xpeng Inc. Aims to Raise $1.8 Billion with its Hong Kong IPO

2021-07-01 11:05

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