Zeekr drives off Wall Street, heralding chilly year ahead for U.S. Chinese listings
Trading of the EV maker’s shares was suspended on Dec. 22, after investors approved a plan by parent Geely to privatize the company less than two years after its IPO…
CaoCao hits rocky post-IPO road amid lingering concerns
The ride-hailing platform’s shares plummeted last week, shaving more than $1 billion from its market value in just days and catching retail investors by surprise Key Takeaways: CaoCao shares lost…
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…
BRIEF: Ride-hailing platform CaoCao launches $236 million IPO
Ride-hailing platform CaoCao Inc. (2643.HK) on Tuesday launched its Hong Kong IPO, aiming to sell 44.18 million shares at HK$41.94 apiece to raise about HK$1.85 billion ($236 million). Share subscriptions will…
CaoCao approaches IPO finish line with nod from China’s securities regulator
A Hong Kong listing by the Geely-backed ride hailing app was approved last week by the CSRC, a year after the company first filed for the IPO Key Takeaways: CaoCao’s…
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…
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