Energized by strong profit growth, Zenergy Battery eyes Shenzhen IPO
The mid-tier EV battery maker is targeting domestic Chinese investors with its new listing plan, as it aggressively expands its capacity Key Takeaways: Zenergy Battery expects to report its net…
CATL reports strong growth, announces major buyback for Shenzhen stock
Electric vehicle battery maker Contemporary Amperex Technology Co. Ltd. (CATL)(3750.HK; 300750.SZ) said on Sunday that its revenue rose 54.8% year-over-year to 277 billion yuan ($40.89 billion) in the first half…
After years on the sidelines, VNET seizes on China’s AI moment with new CATL tie-up
China’s oldest independent data center operator is finding its footing in the AI era, helped by a new $1 billion investment from battery champion CATL Key Takeaways: Once a data…
Rethinking bigger Is better: China’s long march toward higher-capacity energy storage cells
The country’s energy storage sector is racing toward bigger batteries. But as capacity climbs, so do questions over safety, costs and whether bigger is truly better By CLS Marketwatch…
BRIEF: CATL raises massive $5 billion in share placement at 7% discount
Electric vehicle (EV) battery maker Contemporary Amperex Technology Co. Ltd. (3750.HK; 300750.SZ)(CATL) announced on Tuesday it plans to place 62.4 million new Hong Kong-listed H-shares at HK$628.20 each, representing a…
Can HSC break free from vicious cycle of global leadership but unsteady profits?
The maker of lithium-ion battery electrolyte additives is seeking a Hong Kong listing, but its profitability remains highly vulnerable to price cycles Key Takeaways: HSC has applied to list in…
BRIEF: Shenzhen Senior Technology cleared by CSRC for Hong Kong IPO
The China Securities Regulatory Commission formally registered Shenzhen Senior Technology Material Co. Ltd.’s (300568.SZ) application for a Hong Kong IPO on Friday, clearing a key regulatory hurdle for the lithium-ion…