BRIEF: Cidi stumbles in Hong Kong trading debut
Shares of autonomous mining truck maker Cidi Inc. (3881.HK) opened flat in their Hong Kong trading debut on Friday, then edged down to close 8.4% below their offer price at HK$260 by…
BRIEF: Autonomous truck maker Cidi launches $180 million IPO
Autonomous mining truck producer Cidi Inc. (3881.HK), launched its Hong Kong IPO on Thursday, offering 5.41 million shares priced at HK$263 apiece to raise about HK$1.42 billion ($179 million). Shares…
CiDi drives toward IPO, powered by ‘godfather of drones’
The maker of commercial vehicle autonomous driving technology has updated its application to list in Hong Kong, boasting a market value of $1.2 billion Key Takeaways: CiDi Inc. has applied…
CiDi sets IPO course with its self-driving trucks
Led by a founder of drone giant DJI, the Hunan-based firm hopes to stand out from the crowd by providing driverless trucks for the mining industry Key Takeaways: The company’s…