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In Pictures: Changan to sell 10% Avatr stake at $4.7 billion implied valuation ahead of Hong Kong listing

A visual look at Changan to sell 10% Avatr stake at $4.7 billion implied valuation ahead of Hong Kong listing.

person Priya Sharma

calendar_today November 13, 2026 at 4:45 AM

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In Pictures: Changan to sell 10% Avatr stake at $4.7 billion implied valuation ahead of Hong Kong listing

Person plugging a charging cable into an electric car at an outdoor station

Avatr, Changan's premium EV unit, is the subject of a 10% stake sale that implies a valuation of about $4.74 billion.

Photo by Holiday Extras on Pexels

In Pictures: Changan to sell 10% Avatr stake at $4.7 billion implied valuation ahead of Hong Kong listing

Electric car parked at a solar charging station outdoors

The stake sale would reduce Changan's holding in Avatr to 30.994% while preserving its position as largest shareholder.

Photo by Kindel Media on Pexels

In Pictures: Changan to sell 10% Avatr stake at $4.7 billion implied valuation ahead of Hong Kong listing

Electric vehicles charging at a roadside station in Australia

Changan is seeking at least 3.18 billion yuan ($474 million) for the Avatr stake put up for public sale.

Photo by Harry Tucker on Pexels

In Pictures: Changan to sell 10% Avatr stake at $4.7 billion implied valuation ahead of Hong Kong listing

Woman squatting beside an electric car while it charges at a station

Avatr is pursuing a Hong Kong listing after resubmitting its application in June.

Photo by Gustavo Fring on Pexels

In Pictures: Changan to sell 10% Avatr stake at $4.7 billion implied valuation ahead of Hong Kong listing

Electric cars charging at a solar-powered station in a parking lot

The transaction values Avatr at roughly $4.74 billion as the brand pushes ahead with its Hong Kong listing plans.

Photo by Kindel Media on Pexels

In Pictures: Changan to sell 10% Avatr stake at $4.7 billion implied valuation ahead of Hong Kong listing

Electric car parking sign painted on asphalt at a charging station

Changan's move to sell down its Avatr stake comes amid a broader push by Chinese EV makers into public markets.

Photo by Jacek S on Pexels

In Pictures: Changan to sell 10% Avatr stake at $4.7 billion implied valuation ahead of Hong Kong listing

White and black compact electric car charging at a public station

Avatr remains central to Changan's premium electric vehicle strategy despite the planned stake reduction.

Photo by Timothy Huliselan on Pexels

In Pictures: Changan to sell 10% Avatr stake at $4.7 billion implied valuation ahead of Hong Kong listing

Close-up of an electric vehicle charger with a car in the background

The public sale of the Avatr stake is intended to broaden the EV unit's shareholder base ahead of its listing.

Photo by Kindel Media on Pexels

In Pictures: Changan to sell 10% Avatr stake at $4.7 billion implied valuation ahead of Hong Kong listing

Black hybrid car charging at an outdoor station surrounded by greenery

Changan will retain a controlling-level stake in Avatr following the sale of the 10% holding.

Photo by Kindel Media on Pexels

Inspired by our coverage: Changan to sell 10% Avatr stake at $4.7 billion implied valuation ahead of Hong Kong listing

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In Pictures: Changan to sell 10% Avatr stake at $4.7 billion implied valuation ahead of Hong Kong listing

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In Pictures: Changan to sell 10% Avatr stake at $4.7 billion implied valuation ahead of Hong Kong listing

In Pictures: Changan to sell 10% Avatr stake at $4.7 billion implied valuation ahead of Hong Kong listing

In Pictures: Changan to sell 10% Avatr stake at $4.7 billion implied valuation ahead of Hong Kong listing

In Pictures: Changan to sell 10% Avatr stake at $4.7 billion implied valuation ahead of Hong Kong listing

In Pictures: Changan to sell 10% Avatr stake at $4.7 billion implied valuation ahead of Hong Kong listing

In Pictures: Changan to sell 10% Avatr stake at $4.7 billion implied valuation ahead of Hong Kong listing

In Pictures: Changan to sell 10% Avatr stake at $4.7 billion implied valuation ahead of Hong Kong listing

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