BAIC Motor Plans to Raise Over $1 Billion in Hong Kong IPO – Wall Street Journal

BAIC Motor Plans to Raise Over $1 Billion in Hong Kong IPO
Wall Street Journal
HONG KONG—BAIC Motor Corp, a Chinese car maker partly owned by Daimler AG , is planning to raise up to US$1.57 billion in an initial public offering ahead of a listing in Hong Kong this month, a person familiar with the situation said Saturday.
Daimler-backed BAIC Motor seeks up to $1.57 billion in Hong Kong IPO: IFRReuters
Daimler-backed BAIC Motor seeks up to $1.57bn in Hong Kong IPO: IFRBusiness Recorder

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