BRIEF: Hithium files updated Hong Kong IPO application as revenue soars
Energy storage specialist Xiamen Hithium Energy Storage Technology Co. Ltd. filed an updated application for its Hong Kong IPO on Monday, showing it maintained its strong revenue growth into 2025.…
BRIEF: CATL extends lead with 40% third-quarter profit growth
Leading lithium battery maker Contemporary Amperex Technology Co. Ltd. (3750.HK; 300750.SZ)(CATL) reported on Monday its revenue rose 12.9% year-over-year to 104.2 billion yuan ($14.63 billion) in the third-quarter, while its…
NEWS WRAP: Hithium likely to continue Hong Kong IPO process after initial application
The energy storage company’s initial filing expired after a six-month limit, with an update likely by year-end as it reports rapid growth for its international and storage systems businesses By…
Can dead batteries deliver a profit boost for recycler GEM?
The repurposer of key metals from electronic waste has filed to list in Hong Kong, looking set to benefit as millions of electric car batteries start to reach the end…
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…
In EV battery race, Sunwoda boasts edge with profitable consumer business
The company has filed for a Hong Kong IPO, seeking new funds to support development of its EV battery business Key Takeaways: Sunwoda is seeking funds from a Hong Kong…
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…
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