CATL Supplier Lead Intelligent Is Said to Pick Banks for Hong Kong Listing
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Wuxi Lead Intelligent Equipment Co. has picked banks for a second listing in Hong Kong that could raise as much as $500 million, according to people familiar with the situation.
The company, one of China’s biggest providers of equipment used in battery manufacturing, is working with Citic Securities Co. and JPMorgan Chase & Co. on a share sale that may take place as soon as this year, the people said, asking not to be identified discussing a private matter.