China EV maker Leapmotor puts off $1.5b Hong Kong IPO

China EV maker Leapmotor puts off $1.5b Hong Kong IPO

Visual from LeapMotor's website

Chinese electric vehicle maker Zhejiang Leapmotor Technology has shelved a plan to raise $1.5 billion through an initial public offering (IPO) in Hong Kong because of lukewarm investor interest, said two sources with direct knowledge of the matter.