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…
BRIEF: Lopal Tech raises $15 million in share placement
Lithium iron phosphate battery cathode materials manufacturer Jiangsu Lopal Tech Co. Ltd. (2465.HK), said on Wednesday it will place 20 million new shares at a price of HK$6 apiece, raising…
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…
