Chery zooms out of the IPO gate. Now, it needs to show investors its longer-term value
China’s leading car export brand raised more than $1 billion in its listing on Sept. 25 , with its shares up 4% in their first three trading days Key Takeaways:…
BRIEF: Buffett sells BYD stake after 17-year holding, netting huge gain
Berkshire Hathaway, controlled by billionaire investor Warren Buffett, has sold its entire stake in electric-vehicle (EV) maker BYD Co. Ltd. (1211.HK, 002594.SZ), CNBC reported on Sunday. Regulatory filings to the…
BYD hits tariff roadblock after ramping up Mexico sales
The Mexican government’s plans to raise tariffs on Chinese-made cars to 50% could stall BYD’s growth engine in the North American market Key Takeaways: The Chinese car maker supplies nearly…
BRIEF: Magna Steyr to manufacture Xpeng EVs in Europe
Electric vehicle (EV) maker XPeng Inc. (XPEV.US; 9868.HK) announced on Monday that it will localize production in Europe through a contract manufacturing arrangement using an Austrian plant operated by Magna…
JD.com flees China’s brutal retail wars for Europe, as Beijing fails to tame price-cutting at home
JD.com has purchased brick-and-mortar retail chains in Germany and Hong Kong. Why is the company taking this route instead of sticking to e-commerce? And car trader Autohome has reported a fourth consecutive quarter of revenue contraction, as its ad revenue plunged. When will price wars hobbling China's oversaturated car market finally end?
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…
Tinci Materials eyes Hong Kong listing, hoping investors see past its sagging profits
The lithium battery materials maker aims to use funds from its planned IPO to advance its global expansion, as it grapples with declining profits and weak prices Key Takeaways: Tinci…
Recent Articles
BRIEF: Buffett sells BYD stake after 17-year holding, netting huge gain
1211.HK
002594.SHE
BYD hits tariff roadblock after ramping up Mexico sales
1211.HK
002594.SHE
BRIEF: Magna Steyr to manufacture Xpeng EVs in Europe
9868.HK
XPEV.US
