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Chinese Auto Services Platform Tuhu Gears Up for Hong Kong IPO
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Chinese Auto Services Platform Tuhu Gears Up for Hong Kong IPO

Jan 24, 2022
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Chinese Auto Services Platform Tuhu Gears Up for Hong Kong IPO
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(Source: Tuhu)

Automobile service platform Tuhu submitted its prospectus on Monday at the Hong Kong Stock Exchange (HKEx), with Goldman Sachs, CICC, Bank of America and UBS as co-sponsors. Market sources indicate that Tuhu plans to raise $700 million in its forthcoming public listing. 2021 witnessed a flurry of rumors surrounding a potential Tuhu IPO – a…

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