Chinese electric vehicle charger provider StarCharge is considering an initial public offering in Hong Kong that could raise about $500 million, according to people familiar with the matter.
Registered as Wanbang Digital Energy Co., the company works with China International Capital Corp. and China Merchants Bank International in an initial share sale that could take place as early as this year, the people said. Guotai Junan International Holdings Ltd. and JPMorgan Chase & Co. are also helping arrange the deal, the people said, asking not to be identified because the information is private.
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