Sherry is approaching a preliminary offer of $ 1.5 billion in Hong Kong

‘Chery Automobile’ plans to make a preliminary public offer in Hong Kong that could collect about $ 1.5 billion early next month, according to people familiar with the case, and this will contribute to the expectation that September will be full of new induction in the financial position. People, who asked not to reveal their identity, said that the information is not available to the public, that the discussions are still underway, and that the size and date of the offer can change according to the market conditions. The Chinese Securities Authority on Wednesday announced the approval of ‘Sherry’ that it has approved Sherry’s plans to issue 698.9 million ordinary shares in Hong Kong. A “Sherry” representative refused to comment. After a stagnation during the summer, the billions of billions of billions in Hong Kong appear to be returning. Zijin Gold International could bring about two billion in the city into the city next month, while the Sungrow power supply business intends to include a billion dollars, according to the IFR News Service. Also read: “Egnes Thurabiotics” funded by “Mubadala” study the offer in Hong Kong. Hong Kong is expected to see more proposals, after the local Securities Authority has received more than 220 requests to be included until the end of July. The result of Hong Kong’s infection is the result of Hong Kong, over $ 17 billion this year, and on the way to reach the highest annual result since 2021, according to the data collected by “Bloomberg”. “Bloomberg Intelligence” expects the city’s yield to increase to more than $ 22 billion this year. Sherry, a state -owned “Jaguar” and “Land Rover” cars in China, is the largest car export business in the country, and has earned revenue in the first nine months of 2024. One of the most important features of ‘Sherry’ is the absence of large US banks between the rules of the agreement. China International Capital, Huata Securities and Citic Securities are the most important coordination of the initial public offering.