New stock news | Taocarcar submits Hong Kong Stock Exchange main board

date
14:29 06/05/2026
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GMT Eight
According to the disclosure by the Hong Kong Stock Exchange on May 6, Yusheng Holdings Limited has submitted its listing application to the Main Board of the Hong Kong Stock Exchange, with Citigroup as its exclusive sponsor.
According to the disclosure by the Hong Kong Stock Exchange on May 6, Yusheng Holdings Limited (referred to as "Taohcheche") has submitted its listing application to the main board of the Hong Kong Stock Exchange, with Citigroup as its exclusive sponsor. The prospectus shows that Taohcheche is a leading Chinese second-hand car trading platform, which has developed TCN (Taohcheche Co-Op Operating System) - a proprietary, data-driven intelligent operating framework that integrates online and offline experiences. According to Frost & Sullivan data, based on the total value of commodity transactions by 2025, the company ranks first in China's second-hand car trading platform, with a market share of 3.8%.