|Bid||124.80 x N/A|
|Ask||124.82 x N/A|
|Day's Range||122.00 - 126.30|
|52 Week Range||58.05 - 143.17|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jun 19, 2019|
|1y Target Est||N/A|
Tianqi Lithium, one of the largest producers of lithium compounds used in electric-vehicle batteries, said it plans to raise the equivalent of up to $1.7 billion in a Hong Kong initial public offering.
(Bloomberg) -- Tianqi Lithium Corp., a Chinese supplier of the key material used in batteries, is planning to raise as much as $1.7 billion in what’s set to be Hong Kong’s biggest listing this year.Most Read from BloombergTrump’s Final Scene Didn’t Go According to ScriptTesla Cuts 200 Autopilot Workers as California Site ClosesStocks Push Lower After Several Twists and Turns: Markets WrapRussia Slips Into Historic Default as Sanctions Muddy Next StepsBig Tech Sinks Stocks Bruised by Recession Ji
HONG KONG (Reuters) -China's Tianqi Lithium Corp will sell its shares for between HK$69 and HK$82 ($8.79-$10.45) each for a Hong Kong listing which could raise up to $2 billion, said two sources with direct knowledge of the matter. Tianqi, one of the world's top producers of lithium chemicals for electric vehicle batteries, plans to sell about 164.12 million shares in what would be the city's largest share sale in 2022, said one of the sources. Tianqi plans to open the books from Thursday to July 6, and debut in Hong Kong on July 13, said the first source.