The solar panel maker is working with investment banks Axis Capital, Jefferies and Nomura on the proposed IPO, the sources said, adding that the company was likely to file its draft prospectus with the market regulator before the end of the calendar year.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created