Chinese EV Manufacturer WM Motor Files for IPO in Hong Kong
Jun 6, 2022
Chinese electric vehicles startup WM Motor has announced plans to list on the Hong Kong Stock Exchange. This makes it the latest electric vehicle maker to list in Hong Kong city. Although the electric car maker didn’t reveal the amount of money it intends to raise in its initial public offering (IPO), sources say WM Motor has a target of around $1 billion.
Electric vehicle stocks have become extremely attractive in the past couple of years as climate change has forced countries around the…
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