BRIEF: Hesai plans second listing in Hong Kong
Autonomous driving technology company Hesai Group (HSAI.US) is seeking a second listing in Hong Kong to complement its current listing on the Nasdaq, according to a notice posted by the…
BRIEF: Shuangdeng launches Hong Kong IPO to raise $118 million
Energy storage battery maker Shuangdeng Group Co. Ltd. (6960.HK) launchedits Hong KongIPO on Monday, aiming to sell 58.56 million shares at HK$14.50 each to raise up to HK$850 million ($118.3…
BRIEF: CATL halts lithium production at Jiangxi mine
Electric vehicle battery maker Contemporary Amperex Technology Co. Ltd. (3750.HK, 300750.SZ) (CATL) suspended operations at its Jianxiawo lithium mine in China’s Jiangxi province on Aug. 10, with no plans to…
BRIEF: Zenergy swings to the black on growing economies of scale
Lithium ion battery maker Jiangsu Zenergy Battery Technologies Group Co. Ltd. (3677.HK) said on Thursday it expects to report a profit of between 198 million yuan ($27.6 million) and 243…
INDUSTRY BRIEF: New China wind, solar power installations plunge in June
China’s new installations of wind and solar power plunged in June, following a surge the previous month as green energy power developers rushed to finish new projects before the expiry…
INDUSTRY BRIEF: Polysilicon makers to set up company to absorb struggling smaller rivals
China’s major makers of polysilicon, one of the key components used to make solar panels, plan to set up a company to buy their Chinese smaller rivals, in an effort…
BRIEF: Niu’s second-quarter sales rise 36.6%
Electric scooter manufacturer Niu Technologies (NIU.US) announced last Friday that it sold 350,090 e-motorcycles, e-mopeds, kick-scooters and e-bikes in the second quarter, up 36.6% from 256,200 units in the same period…
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