·BAIC seeks IPO listing financing for Hong Kong stocks this week
According to Reuters, Beijing Automotive Co., Ltd., which is owned by German Daimler, plans to apply for IPO in Hong Kong on Thursday, and will raise $1.5 billion. Water Tank Water Tank FOSHAN UWOTEC NEW ENERGY CO., LTD. , https://www.uwowaterheaters.com
If the listed financing plan is approved by the China Securities Regulatory Commission, BAIC will introduce it to investors, and the IPO roadshow will start on December 8th, and the official price will be announced on December 12.
A spokesman for BAIC declined to comment on BAIC's IPO plan.
CITIC Securities, Deutsche Bank, HSBC and UBS are the main guarantors of BAIC IPO.