Autohome Plans USD 1 Billion Second Listing in Hong Kong
Autohome is planning a Hong Kong stock issuance with consultants. A person familiar with the matter told Bloomberg that it could be done as early as early next year. A representative of Autohome did not respond to a request for comment.
According to its self-description, the Beijing-based company allows auto dealers and auto companies to sell products through its website. Also, it provides an online platform for second-hand car sales. Autohome's share price has risen 16.35% this year, with a market value of approximately USD 11 billion. The firm has raised around USD 153 million through an IPO on the New York Stock Exchange.
This year, the Hong Kong Stock Exchange's initial public offering and secondary listing activities have been quite active.
It is reported that many Chinese companies listed in the United States have considered issuing stocks in Hong Kong this year. Among them, Yum China, JD.com and NetEase have been listed on the stock exchange, raising nearly USD 10 billion.
This text is a result of machine translation.
Related companies：
Briefing May 18, 2022 09:22 AM
· Automotive
Zhijia technology has successively won the "first" certification in two industries issued by the global authoritative certification institutions UL and t Ü V Nande
Briefing Apr 24, 2022 10:53 AM
· Automotive
Xiaoma Zhixing became the first automatic driving company in China to obtain a taxi business license
In-depth
Briefing Apr 18, 2022 06:28 PM
· Automotive
Ningde era evogo power exchange service was officially launched in Xiamen
Briefing Mar 09, 2022 09:17 AM
· Automotive
Huidian won tens of millions of strategic round investment from Haier capital
Dec 09, 2020 09:37 AM
Nov 06, 2020 10:00 AM
Research
Healthcare, Technology, Consumer DiscretionaryTech for Global, Globalization Footprints of the Established and the New
May 29, 2020 08:30 PM
Research
Healthcare, Technology, Consumer DiscretionaryLow-Carbon Industry Expansion - Key Studies From Chinese Companies
May 28, 2020 12:40 PM
Briefing Feb 28, 2022 01:57 PM
· Automotive
Positioning service provider "Liufen technology" completed 620 million yuan of round B financing
Briefing Feb 28, 2022 11:23 AM
· Automotive
Suteng juchuang has reached strategic cooperation with Kuwa robot to explore a new path of commercialization of automatic driving in complex urban scenes
Briefing Feb 25, 2022 02:26 PM
· Automotive
BYD chose Baidu as its intelligent driving supplier
Briefing Feb 24, 2022 09:19 PM
· Automotive
The Ukrainian State Border Service said the army was fighting with the Russian army near the eastern city of Sumy.
Automotive
Zeekr Announces Another Round of Adjustment on Buying Rights and Interest
Less than a month after the last price increase, Zeekr adjusted buying rights and interest of customers again. The rise of upstream raw materials continues to affect the EV enterprise. With the market factor overlaying the external factors, there is still a long way to go to boost China's auto-consuming market.
May 18, 2022 12:50 AM
Briefing Feb 17, 2022 06:04 PM
· Automotive
Energy chain has been selected as "KPMG China Automotive Technology 50" for four consecutive years
Briefing Jan 26, 2022 10:36 AM
· Automotive
Gaode on behalf of driving launched the initiative of refusing drunk driving during the Spring Festival
Briefing Oct 27, 2020 06:41 PM
· Automotive
Autohome Injects USD 168 Million in TTP Car
Briefing Aug 13, 2020 09:04 PM
· Communication
Autohome Announces Cooperation With SAIC Maxus Automotive to Create a New Auto Retail Model
See more
Read next
In-depth
In-depth
In-depth
Financials, Healthcare
Exclusive Interview with Zhou Mi, Managing Partner of Puhua Capital
May 12, 2022 05:41 PM
EqualOcean is an information service provider and investment research company that aims to become a global platform for industrial innovation. Founded in February 2014 and headquartered in Beijing, with a client network covering over 50 countries, the firm provides comprehensive professional services, including industry research, investment analysis, innovation consulting, data products, corporate branding and international strategy.