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mick

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Re: mick post# 10

Saturday, 08/01/2020 1:22:47 PM

Saturday, August 01, 2020 1:22:47 PM

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Li Auto, a Chinese electric vehicle maker backed by mainland online services delivery giant Meituan Dianping, has priced its American depositary receipts at US$11.5 each in an initial public offering on Nasdaq that will raise about U$1.1 billion for the firm to expand in the world's biggest car market, according to a person familiar with the matter.

The IPO by the Beijing-based start-up, which designs and makes electric SUVs, looks set to be the largest fundraising by a Chinese company on US exchanges
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