Chinese electric vehicle brand Zeekr has put its U.S. initial public offering (IPO) on hold due to a mismatch in valuation expectations, according to sources. This decision reflects the challenges faced by Asia's tech giants in striking deals. Meanwhile, Geely's stalled IPO signals a setback in its global expansion plans, highlighting the complexities of the U.S. and India's strengthening bond, which is weak on trust.
Breakingviews - Geely’s stalled IPO discounts global expansion https://t.co/879cHbi1U5 https://t.co/879cHbi1U5
Breakingviews - Geely’s stalled IPO discounts global expansion https://t.co/9zyMsVe93I https://t.co/9zyMsVe93I
From Breakingviews - Geely’s stalled IPO discounts global expansion https://t.co/ZSV1QZWTB1 https://t.co/ZSV1QZWTB1
From Breakingviews - US and India’s strengthening bond is weak on trust https://t.co/7Vz0NvTZkz https://t.co/7Vz0NvTZkz
China EV maker Zeekr puts U.S. IPO on hold - sources https://t.co/sWJOmGGhnQ
Chinese electric vehicle brand Zeekr has put its U.S. initial public offering (IPO) on hold due to a mismatch in valuation expectations, according to two sources with direct knowledge of the matter. https://t.co/YQ9ms74NtX
China EV brand Zeekr puts US IPO on hold - sources https://t.co/DCq4eZKbCj https://t.co/79yCFo1IdT
Breakingviews - Asia’s tech giants lean toward desperate deals https://t.co/cIzhe13n2w https://t.co/cIzhe13n2w
From Breakingviews - Asia’s tech giants lean toward desperate deals https://t.co/fzwFdqE52U https://t.co/fzwFdqE52U