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July 30, 2020 01:48 pm GMT

Chinas electric SUV maker Li Auto raises $1.1 billion in U.S. IPO

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 […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/lYWYlrXEiAs/

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