China's electric SUV maker Li Auto raises $1.1 billion in U.S. IPO

6:48am PDT - July 30th, 2020    nio stock - TechCrunch

Trade tensions between China and the U.S. have not stopped Chinese companies from eyeing to list on American stock exchanges. Li Auto priced its IPO north of its targeted range at $11.5 per share, giving it a fully diluted market value of $10 billion. Li Auto…