Chinese automaker NIO plans to raise $1 8B with U S  stock offering
Channel: Travel Oke Oce
Date: 15/08/2018

HONG KONG/SHANGHAI — Chinese electric vehicle start-up NIO on Monday filed for a $1.8 billion initial public offering of American shares, the biggest U.S. listing by a Chinese automaker.

The company, backed by Chinese tech heavyweight Tencent Holdings, applied for an IPO of up to $1.8 billion, according to its filing with the Securities and Exchange Commission.


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