Eve Energy powers toward Hong Kong IPO, undeterred by price wars
The world’s fifth-ranked EV battery maker is following market leader CATL with plans to complement its Shenzhen listing with a new one in Hong Kong Key Takeaways: Lithium battery maker…
Cheng-Tech motors into crowded self-driving field
The millimeter-wave radar maker, led by a former Huawei employee as its founder, has filed for a Hong Kong IPO Key Takeaways: Cheng-Tech has filed to list in Hong Kong,…
Zeekr drives off Wall Street, heralding chilly year ahead for U.S. Chinese listings
Trading of the EV maker’s shares was suspended on Dec. 22, after investors approved a plan by parent Geely to privatize the company less than two years after its IPO…
Aulton swaps out narrowing losses for falling revenue
The battery swapping specialist has applied for a Hong Kong IPO, with investors including Nio Capital, Japan's Toyota Tsusho and Shanghai Shine-Link International Logistics Key Takeaways: Aulton New Energy has…
A Chinese EV giant’s financing reckoning, and a stockbroker’s commodities pivot
China's central bank is shutting down an IOU system used by BYD to pay its suppliers. Why is it taking this step? And revenue for a stock broker called GoFintech has soared more than 40-fold after it entered the commodities trading business. How should investors look at such a move?
Middle East expansion charges up Zhida’s stock
Shares of the EV charger maker, whose backers include BYD, jumped nearly 10% after announcing its latest expansion plan Key Takeaways: Zhida plans to enter the Middle East, targeting Saudi…
Cango looks past its bitcoin phase to a future as AI infrastructure operator
After booming for much the first year in its pivot to bitcoin mining, the company is looking ahead to a future of creating a ‘global, distributed AI compute grid’ Key…
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