Chinese EV start-up NIO seeks quicker secondary listing in Hong Kong via introduction, skips fundraising

//Chinese EV start-up NIO seeks quicker secondary listing in Hong Kong via introduction, skips fundraising

Chinese EV start-up NIO seeks quicker secondary listing in Hong Kong via introduction, skips fundraising

Shanghai-based electric vehicle (EV) maker NIO said on Monday it had received an approval in principle from the Hong Kong stock exchange for its application to list by way of introduction.The carmaker, which has sought a secondary listing outside New York amid the looming risk of a delisting in the US, is the only US-listed Chinese EV maker that has opted for a secondary listing without selling new shares or raising new funds. If the listing goes as planned, its shares will be listed on the…

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By | 2022-02-28T04:33:06+00:00 February 28th, 2022|Technology|Comments Off on Chinese EV start-up NIO seeks quicker secondary listing in Hong Kong via introduction, skips fundraising