Permalink to BaTelab raises $53m in Hong Kong IPO; shares fall
发布时间：2024年6月5日 09:53
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BaTelab, a 13 year-old Chinese analogue company based in Suzhou backed by the car manufacturer BYD, raised $52.8 million in an IPO on the Hong Kong stock exchange yesterday.
Later yesterday, the company’s shares fell below their IPO price.
The money raised will go to R&D, product development and strategic investments.
