China Zenix Auto Int'l (ZX) Files $250M IPO

China Zenix Auto International Limited (NYSE: ZX) filed a registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Stock. The proposed maximum offering price is $250 million. China Zenix Auto filed to list on the New York Stock Exchange under the ticker "ZX."

The offering is being made through Morgan Stanley, William Blair & Co., and Oppenheimer & Co.

China Zenix Auto is the largest commercial vehicle wheel manufacturer in the PRC in both the aftermarket and OEM market in terms of sales volume, according to the Frost & Sullivan Report.

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