News Snapshot:
(Bloomberg) -- A Chinese electric-vehicle maker, whose top-end HiPhi sport utility vehicles come with a price tag of as much as 800,000 yuan ($126,000), is considering a Hong Kong initial public offering as soon as this year, according to people familiar with the matter. Shanghai-based Human Horizons Group Inc. is working with UBS Group AG and Morgan Stanley for a potential listing that could raise about $300 million to $500 million, the people said, asking not to be identified as the information is private. The automaker originally planned a U.S. IPO but has now shifted the venue to Hong Kong,...
