Chinese electric vehicle maker Li Auto Inc. has received the green light from the Hong Kong stock exchange for a listing in the city, following in the steps of its rival XPeng Inc., which completed such a share sale last month.
U.S.-traded Li Auto could raise $1 billion to $2 billion in the listing, according to people with knowledge of the matter. Its updated listing documents were published on the HKEX website on Monday, indicating it has received approval from the bourse.
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