Chinese EV Maker Xpeng to raise $1.8 billion in Hong Kong listing -sources By Reuters
By Scott Murdoch HONG KONG (Reuters) - Chinese electric vehicle maker Xpeng Inc will raise $1.8 billion by pricing its shares at HK$165 ($21.25) each as part of its Hong Kong dual primary listing, two people with direct knowledge of the matter said. The people declined to be identified as the information was not yet public. Xpeng declined to comment on pricing guidance given to investors. The company sold 85 million shares in the deal which equates to 5% of its shares, according to its prospectus. There is an over-allotment option to sell a further 12.75...
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