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Reuters

Tianqi Lithium aims to raise up to $2 billion in Hong Kong listing -sources

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.