According to Bloomberg, the mainland Electric Vehicles company Chongqing Sokon Industry Group Stock (601127.SH) is considering a listing in Hong Kong.

The report cites informed sources stating that Chongqing Sokon Industry Group Stock has been discussing the listing in Hong Kong with advisors, with the earliest possibility of being listed on the Stock Exchange next year, expected to raise over 1 billion USD. However, the related listing plans are under review, and details such as the scale of issuance may still change.

The report indicates that Chongqing Sokon Industry Group Stock's A-share price has increased by 80% this year, boosting the company's Market Cap to 28.5 billion USD. Additionally, Chongqing Sokon Industry Group Stock agreed to invest 11.5 billion yuan RMB in a Smart Automobile equipment manufacturer under Huawei in October this year.

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