US-listed Chinese electric vehicle trio eyes HK listing this year to raise combined $5b

US-listed Chinese electric vehicle trio eyes HK listing this year to raise combined $5b

Nio Inc released the flagship smart electric SUV ES8 at Shenzhen Bay Sports Centre on December 28, 2019. Source: Visuals from the company website

US-listed Chinese electric vehicle (EV) makers Li Auto Inc, Nio Inc., and Xpeng Inc plan to list in Hong Kong as soon as this year, to tap an investor base closer to home, said three people with direct knowledge of the matter.