Market Chatter: Chery Picks JPMorgan as Additional Arranger for Hong Kong IPO

MT Newswires Live01-02

Chery selected JPMorgan Chase & Co as one of the arrangers of Chery Automobile's initial public offering in Hong Kong in 2025, the South China Morning Post reported Tuesday, citing people familiar with the matter.

The automobile manufacturer selected China International Capital Corp. (HKG:3908, SHA:601995), GF Securities (HKG:1776, SHE:000776), and Huatai International as arrangers, the report said, citing a previous Bloomberg report.

Chery Automobile's IPO could help the automaker raise up to $1 billion, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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