BRIEF: Leapmotor raises $430 million from share sale to state-run investor
Electric vehicle (EV) maker Zhejiang Leapmotor Technology Co. Ltd. (9863.HK) said on Tuesday it will raise about 3 billion yuan ($430 million) through a share placement to state-owned investor Jinhua…
BRIEF: Xiaomi targets 550,000 EV deliveries this year, up 34%
Xiaomi Group (1810.HK) plans to deliver 550,000 electric vehicles in 2026, up about 34% from around 410,000 units delivered in 2025, underscoring its confidence in the continued expansion of its…
BRIEF: CATL buys back $628 million worth of Shenzhen stock
Leading electric vehicle (EV) battery maker Contemporary Amperex Technology Co. Ltd. (CATL) (3750.HK; 300750.SZ) said on Monday that it repurchased nearly 16 million of its Shenzhen-traded A-shares in open market…
BRIEF: Lin Bin to sell $2 billion worth of Xiaomi shares to set up investment fund
Smartphone manufacturer Xiaomi Corp. (1810.HK) said on Monday that co-founder and vice chairman Lin Bin will sell up to $500 million worth of Xiaomi shares every 12 months starting December…
BRIEF: Concord New Energy gets CSRC clearance for Singapore listing
Hong Kong-listed solar and wind farm operator Concord New Energy Group Ltd. (0182.HK) has been approved by China’s securities regulator to make a second listing in Singapore, the company said…
INDUSTRY BRIEF: Polysilicon makers launch new joint venture to tackle oversupply
Several leading Chinese polysilicon makers have launched a new company that could help to address overcapacity plaguing the sector, Caixin reported on Wednesday. The move marks the latest step in…
BRIEF: Guoxia Technology clears Hong Kong listing hearing
Energy storage systems provider Guoxia Technology Co. Ltd. passed its listing hearing with the Hong Kong Stock Exchange on Wednesday, paving the way for the launch of its IPO later…
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