Chinese Auto Dealer Plans $433 Million Ipo

Chinese motor-vehicle dealer China Yongda Automobiles Services Holdings plans to raise up to $433 million in an initial public offering ahead of its listing in Hong Kong on May 30, people familiar with the situation said.

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  • Chinese Auto Dealer Plans $433 Million IPO
    HONG KONG—Chinese motor-vehicle dealer China Yongda Automobiles Services Holdings Ltd. plans to raise up to $433 million in an initial public offering ahead of its listing in Hong Kong on May 30, people familiar with the situation said Sunday.
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