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Shares of China's Zeekr Intelligent Technology were scheduled to start trading on the New York Stock Exchange on Friday after the electric-vehicle maker priced its initial public offering at the top end of its marketed range. It would also be a barometer to gauge interest for EV makers, which have seen profits being eroded due to a fierce price war in China that has left automakers searching for opportunities outside their domestic markets. Rivian Automotive has lost 85% since its IPO in November 2021, while Lucid Group is left with a fourth of what it fetched when it signed a deal with a blank-check firm earlier that year.
Chairman Todd Boehly talked up his side’s progression under Pochettino earlier this week after Chelsea leapfrogged Manchester United into seventh.