HONG KONG (Reuters) – China electric vehicle 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, according to two sources with direct knowledge of the matter.
The sources spoke on condition of anonymity as the information was not yet public.
Leapmotor did not immediately respond to a Reuters request for comment outside of normal business hours.
($1 = 7.8493 Hong Kong dollars)
(Reporting by Scott Murdoch; Editing by Himani Sarkar)
