Hesai does infrastructure

BRIEF: CaoCao’s loss narrows in first half of 2025

Ride-hailing platform CaoCao Inc. (2643.HK) said on Tuesday its revenue jumped 53.5% year-on-year to 9.46 billion yuan ($1.32 billion) in the first half of 2025, while its loss narrowed nearly…

BRIEF: CaoCao tumbles in Hong Kong trading debut

Ride-hailing platform  CaoCao Inc.  (2643.HK) slipped into reverse with its Hong Kong debut on Wednesday, as its shares opened down 20% at HK$33.80 on their first trading day. The stock…
Chenqi gets ready to list

Chenqi bets big on robotaxis in Hong Kong IPO

The ride-sharing company’s listing could raise up to $167 million as its shares get set to debut next Wednesday Key Takeaways: Shares of Chenqi will make their trading debut next…