--U.S.-listed Chinese electric-car makers Li Auto, XPeng and NIO are planning secondary offerings in Hong Kong as soon as this year, Reuters reports, citing unnamed sources.
--The three companies aim to sell at least 5% of their respective enlarged share capital, which could lead to combined proceeds of around $5 billion based on their U.S. market capitalizations as of Monday, according to Reuters.
--XPeng is also mulling a third listing on Shanghai's STAR Market, Reuters says.
Full story: https://reut.rs/3enBOWm
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(END) Dow Jones Newswires
03-09-21 0131ET