EV maker Leapmotor set to raise $800m in Hong Kong IPO — less than target: report

EV maker Leapmotor set to raise $800m in Hong Kong IPO — less than target: report

Leapmotor

China electric vehicle (EV) maker Zhejiang Leapmotor Technology is set to raise $800 million by pricing its shares at HK$48 ($6.12) each in its Hong Kong initial public offering (IPO), according to two sources with direct knowledge of the matter.