U.S.-listed Chinese online car-sales website Autohome to go public in Hong Kong

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Autohome, a Chinese online car-sales platform listed on the New York Stock Exchange, has filed for a secondary public offering in Hong Kong that is set to raise about $1 billion. Beijing-headquartered Autohome is among many New York–listed Chinese companies that are seeking secondary public offerings in Hong Kong amid U.S.-China tensions.

Claiming to be China’s largest online automobile advertising platform, Autohome announced its Hong Kong public offering this week and is scheduled to start trading on the main board on March 15.

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