China’s Horizon Robotics readied to rate shares at top of variety to elevate $696 million in Hong Kong IPO, resources state

(Reuters) – Chinese independent driving company Horizon Robotics has actually valued its shares at HK$ 3.99 each, the top of its variety, to elevate $696 million in a going public in Hong Kong, according to 2 resources with straight understanding of the issue.

The resources can not be called talking about secret information.

Horizon Robotics decreased to talk about its IPO prices.

(Reporting by Scott Murdoch in Sydney and Kane Wu in Hong Kong; Editing by Jamie Freed)