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14 Dec
08:18

China's Zeekr plans $1 billion US IPO

Geely Auto has announced via the Hong Kong Stock Exchange that it is proposing a separate listing of its new energy vehicle brand Zeekr Auto in the US, Kallanish reports. Zeekr says it’s applying for the initial public offering (IPO) and plans to raise over $1 billion. It already submitted related drafts to the US Securities and Exchange Commission.  Sources close to the matter told Kallanish that the brand is likely to be listed both in the …
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