Xpeng and DingDong: boom for IPOs in Hong Kong
After the shock over Ant Financial’s canceled IPO (China.Table reported), China’s companies are venturing back into the Hong Kong market. The Guangzhou-based EV maker Xpeng is currently preparing its initial listing. They already trade in New York but are looking to raise another $2 billion in Hong Kong, Bloomberg reported. The IPO is expected to […]