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China Auto Giant Chery Group Plans Chery Automobile Hong Kong IPO to Raise $1 Billion at $13.7 Billion Valuation, Investment Banks & Brokerages Involved in IPO Include China International Capital, GF Securities, Huatai International & JP Morgan
2nd January 2025 | Hong Kong
China auto giant Chery Group is planning for a Chery Automobile Hong Kong IPO to raise $1 billion at more than $13.7 billion (CNY 100 billion) valuation. Investment banks & brokerages reported to be involved in the IPO include China International Capital, GF Securities, Huatai International & JP Morgan. Chery Group – Established in 1997, Chery Group has made significant strides in the automotive industry. Its subsidiary, Chery Automobile, holds the distinction of being the first Chinese automobile brand to exceed one million domestic sales. Additionally Chery Automobile has been a trailblazer in expanding into international markets.
“ China Auto Giant Chery Group Plans Chery Automobile Hong Kong IPO to Raise $1 Billion at $13.7 Billion Valuation, Investment Banks & Brokerages Involved in IPO Include China International Capital, GF Securities, Huatai International & JP Morgan “
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China Auto Giant Chery Group Plans Chery Automobile Hong Kong IPO to Raise $1 Billion at $13.7 Billion Valuation, Investment Banks & Brokerages Involved in IPO Include China International Capital, GF Securities, Huatai International & JP Morgan
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