Chinese Electric Truckmaker Zhizi Plans $200 Million IPO in Hong Kong

Reported about 15 hours ago

Zhizi Automobile Technology Co., a Chinese electric truck manufacturer, is reportedly planning an IPO in Hong Kong to raise approximately $200 million. The company, established in 2022, is currently in discussions with potential advisers for the share sale. While the electric vehicle market in China continues to grow, particularly in trucks, it is uncertain if the IPO will proceed.

Source: YAHOO

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