China’s Hanrui Cobalt applies for IPO in Hong Kong

Chinese cobalt producer Hanrui Cobalt has applied to launch an initial public offering (IPO) of its shares on the Stock Exchange of Hong Kong, the company said on Friday June 25.

The company aims to strengthen its leading position in the global cobalt industry and deepen upstream and downstream integration amid growing opportunities in the new energy vehicles (NEVs) sector driven by carbon neutral initiatives, it said.

The company submitted its application for the IPO on June...

Published

Carrie Shi

June 28, 2021

14:53 GMT

Beijing