HONG KONG: Zeekr, Chinese automaker Geely's premium electric vehicle (EV) brand, will meet global investors from August-end to test appetite for a US$1 billion US initial public offering (IPO), said people with direct knowledge of the matter. It is hoping the share sale will yield a valuation of over US$13
HONG KONG: Zeekr, Chinese automaker Geely's premium electric vehicle brand, will meet global investors from August-end to test appetite for a US$1 billion US initial public offering , said people with direct knowledge of the matter.
The people declined to be identified as the information has not yet been made public. Geely, which handles media queries for Zeekr, declined to comment. Valuations of new Chinese share sales in the US have since stalled as Chinese authorities increase oversight of domestic firms wanting to list overseas.
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