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17 Nov
06:24

BYD-backed Hebei Gellec may seek Hong Kong listing

Chinese lithium battery hydrometallurgy separator firm Hebei Gellec New Energy Science & Technology is reportedly considering a Hong Kong initial public offering (IPO) in 2024 with a $2 billion valuation, Kallanish learns.  The company backed by carmaker and battery giant BYD is said to have started initial negotiations with potential stockbrokers. This IPO may raise hundreds of millions of dollars, but the process is still in early stages. Details includ…
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