XPeng (HKG:9868) is looking to list its flying car subsidiary XPeng Aeroht in Hong Kong or the US, Bloomberg News reported Wednesday, citing people familiar with the matter.
The China-based electric vehicle manufacturer has asked banks to play a role in the IPO, the report said.
Discussions are still ongoing, and XPeng could decide on another IPO venue or not proceed with the offering at all, the report said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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