China’s Xpeng Motors to raise up to $2 billion in Hong Kong IPO

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China’s Xpeng Motors to raise up to $2 billion in Hong Kong IPO June 23, 2021 A XPeng Motor P7 electrical automobile is displayed on the market at Wanda Plaza on May 9, 2021 in Beijing, China. VCG| Getty Images GUANGZHOU, China — U.S.-listed Chinese electrical carmaker Xpeng Motors has bought the inexperienced mild to perform an IPO in Hong Kong that would raise between $1 billion to $2 billion, a supply shut to the matter informed CNBC. It comes as China’s electrical automobile market turns into more and more aggressive. Hong Kong Exchanges and Clearing’s itemizing committee gave Xpeng...