EV startup Leapmotor is listing in Hong Kong, but its prospects are precarious

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Chinese electric vehicle (EV) manufacturer Leapmotor has made low-end cars since it launched in 2015. As the company seeks to enter the mid- to high-end market, will the new IPO…
Chinese electric vehicle (EV) manufacturer Leapmotor has made low-end cars since it launched in 2015. As the company seeks to enter the mid- to high-end market, will the new IPO funds just disappear in a forlorn struggle for profitability…
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