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Chinese electric vehicle maker Zhejiang Leapmotor Tech has obtained approval for its US$ 1.5 billion IPO on Hong Kong Stock Exchange.The start-up, whose backers include the private equity firms Sequoia Capital China and the video surveillance company Zhejiang Dahua Technology, will start an investor roadshow as early as next week and is preparing for the deal launch in September, International Financing Review reported, citing sources familiar with the situation, who spoke on condition of anonymity.Leapmotor filed for a Hong Kong IPO in March this year. If the IPO go through, Leapmotor joins Xpeng, Li Auto and NIO to become the fourth Chinese EV maker to list in Hong Kong over the past 18 months.Underwriter for the listing are CICC, Citi, JPMorgan and CCB International.Founded in 2015 by Zhu Jiangming and Fu Liquan, Leapmotor produces smart EVs in Zhejiang’s provincial city of Jinhua, it targets the mid and high-end segments with models ranging from 150,000 yuan to 300,000 yuan (US$2 ....