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Wang Xintong and Yu Cong

INSANE: Ev maker hozon plans hong kong ipo | Vintage Vibes

Hozon Hong Kong IPO

What’s new: Chinese electric-vehicle (EV) maker Hozon New Energy Automobile Co. Ltd. has filed for an IPO in Hong Kong as it seeks new financing to support its global expansion.

The Shanghai-based carmaker plans to use part of the proceeds to expand into overseas markets to enhance the global presence of its EV brand Neta Auto, according to a filing with the Hong Kong Stock Exchange on Wednesday.

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