China’s electric SUV maker Li Auto raises $1.1 billion in U.S. IPO
Thursday, 30 July 2020 ()
Trade tensions between China and the U.S. have not stopped Chinese companies from eyeing to list on American stock exchanges. Li Auto, a five-year-old Chinese electric vehicle startup, raised $1.1 billion through its debut on Nasdaq on Thursday. The Beijing-based company is targeting a growing Chinese middle class who aspire to drive cleaner, smarter, and […]