Niu hits speed bump with $63m IPO

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Niu hits speed bump with $63m IPO

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Speed Bump. Square road sign over cloudy sky background | Eugene Sergeev/eugenesergeev - Fotolia

Niu Technologies, China's leading maker of electric scooters, dragged its Nasdaq IPO over the line on Thursday after cutting the number of shares on offer and pricing almost 30% below the original marketing range.

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