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Chinese EV Makers Nio, Xpeng Eye Second Listings in Hong Kong

  • Companies, listed in U.S., have begun talking to banks in city
  • Li Auto is also mulling listing in the Asian financial center
A Nio Inc. ES8 electric sport utility vehicle is reflected in a rear mirror at the automaker's dealership in Shanghai.

A Nio Inc. ES8 electric sport utility vehicle is reflected in a rear mirror at the automaker's dealership in Shanghai.

Photographer: Qilai Shen/Bloomberg
Bloomberg News

Chinese electric carmakers Nio Inc. and Xpeng Inc. are considering second listings in Hong Kong, according to people familiar with the matter, as consumer demand for EVs globally continues to strengthen.

Xpeng has approached bankers about an offering, one of the people said, declining to be identified discussing confidential information. Nio, which like Xpeng is already listed in New York, has also held initial discussions with financial institutions, the people said. Deliberations are ongoing and the companies could still change their share sale plans, the people added.