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Chery plans to open books for its Hong Kong IPO on Sept 17, targeting $18 billion valuation, report says

CnEVPost

Chery passed the Hong Kong Stock Exchange’s listing hearing on September 7 and is expected to begin trading in Hong Kong later this month.
Chery plans to raise between $1.5 billion and $2 billion, potentially making it the largest auto IPO on the Hong Kong Stock Exchange this year.

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