Hillhouse boosts Longi position after probe, as it pivots to global focus
The private equity firm was told by China’s securities regulator to buy back shares in the solar company after selling them without the necessary disclosure Key Takeaways: Hillhouse Capital has…
PODCAST: Ping An Trust Misses a Payment, and SAIC Sells Down Its India Venture
Ping An Trust has missed a $100 million payment on a wealth management product tied to Zhenro, a property developer. Does this show the woes afflicting China's trust industry are creeping up the food chain to top-tier names like Ping An? And leading automaker SAIC has sold 51% of its India venture to local partners for $624 million. Is this purely a commercial move, or is it also motivated by concerns about recent China-India tensions?
Zongmu joins autonomous driving queue at Hong Kong IPO tollgate
The maker of autonomous parking solutions is unlikely to impress investors with its big losses and anemic 6% revenue growth last year Key Takeaways: Zongmu Technology has filed to list…
Is Niu Technologies ready to charge ahead again?
The electric scooter maker reported a sharp upturn in its first quarter sales volume, reversing weak growth throughout last year Key Takeaways: Niu Technologies said its unit sales at home…
Zeekr steps on IPO accelerator as its prospects run low on fuel
The new energy vehicle maker is reportedly jumpstarting its stalled plan to list in New York as valuations for its peers rapidly fall Key Takeaways: Zeekr has reportedly restarted its…
PODCAST: China EVs Under Attack, and Alibaba’s Sputtering Split-up
China accuses US of unfair EV subsidies at the WTO. Will the US fight back with a counter claim against Chinese EVs? And Alibaba cancels an IPO for its Cainiao logistics unit. Is its bigger plan to break up the company falling apart?
Goldwind’s profit tumbles as China sales start to deflate
The leading wind turbine maker’s profit fell 83% in the second half of last year, as revenue from its core China market started to contract Key Takeaways: Goldwind’s revenue growth…
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