Chinese electric vehicle start-up Nio Inc.,backed by Chinese tech heavyweight Tencent Holdings Ltd. (00700.
HK), said it expects to raise up to US$1.32 billion in its US initial public offering. Nio expects its offering of 160 million shares to be priced between US$6.25 and US$8.25 per share, and the company said in a filing. At the […]
Source: ejinsight.com