Chinese Lithium Giant Targets $1.7 Billion in Hong Kong IPO

Tianqi Lithium One of the world’s largest manufacturers of battery-grade lithium compounds, said Wednesday it plans to raise the equivalent of up to $1.7 billion in an initial public offering. in Hong Kong, beat the sluggish global market to issue shares.

The investment banks that process the transaction will begin taking orders from investors on Thursday and pricing the transactions on July 6. The lithium producer is expected to list on May 13. Seven.

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