A SAIC hydrogen fuel cell vehicle is displayed during the 21st China International Industry Fair in Shanghai, in September 2019. Photo: Getty Images A SAIC hydrogen fuel cell vehicle is displayed during the 21st China International Industry Fair in Shanghai, in September 2019. Photo: Getty Images
A SAIC hydrogen fuel cell vehicle is displayed during the 21st China International Industry Fair in Shanghai, in September 2019. Photo: Getty Images

Chinese carmaker SAIC to spin off hydrogen fuel cell unit, eyes Star Market IPO

  • Shanghai Hydrogen Propulsion Technology will prioritise Shanghai Stock Exchange’s Nasdaq-style Star Market for IPO, financial magazine Caijing says
  • SAIC has been actively looking to raise capital to support growth of SHPT: sources

Topic |   Electric cars
A SAIC hydrogen fuel cell vehicle is displayed during the 21st China International Industry Fair in Shanghai, in September 2019. Photo: Getty Images A SAIC hydrogen fuel cell vehicle is displayed during the 21st China International Industry Fair in Shanghai, in September 2019. Photo: Getty Images
A SAIC hydrogen fuel cell vehicle is displayed during the 21st China International Industry Fair in Shanghai, in September 2019. Photo: Getty Images
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