BRIEF: CATL jumps in trading debut as Hong Kong’s biggest IPO this year
Shares of electric vehicle (EV) battery maker Contemporary Amperex Technology Co. Ltd. (CATL) (3750.HK; 300750.SZ) opened up 12% from their IPO price in their Hong Kong trading debut on Tuesday, and continued…
INDUSTRY BRIEF: Polysilicon makers slash output to 30-40% of capacity
Chinese polysilicon makers have slashed their output and are currently operating at less than 40% of capacity, as they struggle to cut their losses from selling product at less below…
BRIEF: Drinda New Energy rises in Hong Kong trading debut
Shares of solar cell maker Hainan Drinda New Energy Technology Co. Ltd. (2865.HK; 002865.SZ) rose in their Hong Kong trading debut on Thursday, opening at HK$22.20, up 0.2% from their…
BRIEF: CATL passes Hong Kong listing hearing
Electric vehicle (EV) battery maker Contemporary Amperex Technology Co. Ltd. (300750.SZ) passed its listing hearing with the Hong Kong Stock Exchange on Tuesday, clearing the way for what is likely…
BRIEF: Xiaomi renames smart driving function after fatal accident
Xiaomi Corp. (1810.HK) has changed the smart-driving terminology for its SU7 electric vehicle from “smart driving” to “assisted driving” on the product’s pre-order page, following a fiery fatal accident that…
BRIEF: Xpeng’s EV deliveries zoom in April, as Xiaomi’s sag
China's new energy vehicle (NEV) market continued to show strong demand in April, with several makers reporting strong sales gains for the month. Xpeng Motors (XPEV.US; 9868.HK) was one of…
BRIEF: Daqo remains in the red as first-quarter revenue falls sharply
Polysilicon producer Daqo New Energy Corp. (DQ.US; 688303.SH) announced on Tuesday its revenue plunged 70.2% year-on-year to $123.9 million in the first quarter. It reported a loss of $71.8 million…
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