Chery Automobile passed the Hong Kong Stock Exchange listing hearing and plans to raise US$1.5-2 billion

On September 7, Chery Automobile passed its listing hearing on the Hong Kong Stock Exchange, planning to raise US$1.5-2 billion to fund new model development and overseas market expansion. By 2024, Chery's global sales are projected to reach 2.295 million vehicles, ranking second among Chinese independent brand passenger car companies.