EV battery maker Farasis lists at premium on STAR Market, raises $484m

EV battery maker Farasis lists at premium on STAR Market, raises $484m

Chinese electric vehicle batter producer Farasis Energy (Gan Zhou) Co., Ltd on Friday listed at a premium on the Nasdaq-style STAR Market of the Shanghai Stock Exchange (SSE) after raising a total of 3.4 billion yuan ($484 million), per a company filing with the bourse.