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<IPO>WERIDE-W Sets Offer Price at $27.1, ~4% Discount from US Stock: Rumor
Recommend 11 Positive 12 Negative 9 |
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WERIDE-W (00800.HK), a company currently undergoing an IPO in Hong Kong, planned to list at $27.1 per share, raising $2.39 billion, Bloomberg quoted sources as saying. The pricing is nearly a 4% discount compared to the closing price of WERIDE-W's US stock of US$10.9 on the Nasdaq overnight (3rd). It is reported that the IPO has attracted investors including Uber (UBER.US), Grab, Singapore's Temasek and auto supplier Robert Bosch. AASTOCKS Financial News Website: www.aastocks.com |
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