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…
PODCAST: China’s New Energy Overbuild, and DiDi Back on Growth Track
China is on track to reach its 2030 goal for solar and wind power installations by the end of this year, and could double the figure by 2030. What's driving this massive new energy buildup? And DiDi is back on a growth track with revenue zooming ahead 15% in the first quarter. Will the company seize the momentum to relaunch its stalled IPO plan?
DiDi drives back into growth lane, as aggregators encroach on its turf
The company often called the ‘Uber of China’ reported a fifth consecutive quarter of double-digit revenue growth, as it reportedly eyes a listing in Hong Kong Key Takeaways: DiDi Global's…
Dida in new drive on the road to Hong Kong listing
The ride-sharing company made its fourth filing for a Hong Kong IPO at the end of last month, seeking new fuel for its business five years after its last funding…
CHINA BULLETIN: Long live the private sector!
In this week’s issue China’s private sector gets a major new booster, and TikTok and battery makers get warnings. On a scale of 1 to 10, we give the week a 5 for offshore-listed China stocks.
CHINA BULLETIN: No New Year Cheer for Exports
In this week’s issue exports tank and steel output slides, while Didi drives back into China app stores. On a scale of 1 to 10, we give the week a 6 for offshore-listed China stocks.
Didi Slapped With Hefty $1.2 Billion Fine. How Was the Amount Determined?
The Chinese government announced an enormous fine of $1.2 billion on Didi but did not explain the methodologies behind the calculation Key Takeaways: China’s cybersecurity regulator imposed a big fine…
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