BAIC began its IPO on December 9. The offer price is between 7.6 yuan and 9.8 yuan. BAIC was listed on the main board of the Stock Exchange as soon as possible on December 19.
As the leader of the mainland automobile industry, BAIC's investment banking underwriting team for IPO projects is also strong. HSBC Corporate Finance (Hong Kong) Limited, CITIC Securities Finance (Hong Kong) Limited, Deutsche Securities Asia Limited and UBS Securities Hong Kong Limited are co-sponsors of the Global Offering; Deutsche Bank Hong Kong Branch, The Hong Kong and Shanghai Banking Corporation Limited and Morgan Stanley Asia Limited are the joint global coordinators of the Global Offering (in alphabetical order); Deutsche Bank Hong Kong Branch, The Hong Kong and Shanghai Banking Corporation Limited, Morgan Stanley Asia Limited (only relevant to the Hong Kong public offering), Morgan Stanley
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