Apollo Mobility’s downstream expansion sputters with acquisition collapse
Luxury smartcar maker Apollo Future Mobility Group Ltd. (0860.HK) said on Monday that its proposed acquisition of Golden Jumbo Ltd. lapsed after failing to meet all conditions by the deal’s…
EV dealer AoChuang charges up Nasdaq IPO
The company has quadrupled the size of its listing plan to comply with new Nasdaq rules requiring a minimum of $25 million in fundraising Key Takeaways: AoChuang Holdings has sharply…
Reconditioned ZhengTong drives down new road after massive overhaul
Caught up in price wars and a resulting sea of red ink, the former car dealership highflyer is entering a new phase after being taken over by a rival and…