#CheryAutomobile
When recreating a famous SUV stunt in China goes wrong https://arstechni.ca... #CheryAutomobile #Cars
November 17, 2025 at 4:03 PM
China’s Chery Automobile plans Hong Kong IPO to raise $1.5 bln - Bloomberg
Investing.com-- Chery Automobile, China’s largest car exporter, is planning a Hong Kong initial public offering that could raise about $1.5 billion as early as next month, Bloomberg reported on Thursday, citing people familiar with the matter. The size and timing of the deal remain under discussion and could change depending on market conditions. China’s securities regulator has approved plans for Chery to issue up to 698.9 million ordinary shares in Hong Kong. The state-owned automaker, which assembles Jaguars and Land Rovers in China, generated revenue of 182 billion yuan ($25 billion) in the first nine months of 2024, the report said. Notably, no Wall Street banks are among the IPO arrangers, with China International Capital Corp., Huatai Securities (SS:601688), GF Securities (SZ:000776), and CITIC Securities (HK:6030) serving as coordinators, Bloomberg reported. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. That's one option, but what if there are better opportunities hiding in plain sight? Investing.com's ProPicks AI has identified growth stocks that often get overlooked by individual investors. Compare your choice against our global range of AI-selected picks - with 3 out of 4 beating their benchmark index year to date and 98% in the green. Get fresh new picks every month, now available at 50% off while our Summer Sale lasts. Hurry, offer ends soon!
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August 28, 2025 at 4:47 AM