Black Sesame emerges as dark horse in driving technology race
The smart car technology maker’s shares are down since their trading debut last August, lagging strong gains for other recently listed peers Key Takeaways: Black Sesame’s revenue rose about 52%…
BRIEF: Merger rumors swirl around automakers Dongfeng, Changan
Concurrent restructuring plans announced by car-making listed units of Dongfeng Motor Corp. and China South Industries Group have led to speculation that the two large state-owned automakers may be preparing…
BRIEF: Dongfeng Motor’s sales fall 11% in 11 months through November
Car maker Dongfeng Motor Group Co. Ltd. (0489.HK) announced on Thursday that it sold 1.7 million vehicles in the first 11 months of the year, down 11.1% year-on-year. Its passenger…
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.
Svolt Charges Up Global EV Battery Race with $943 Million in New Funding
Latest round brings 3-year-old battery maker’s fundraising this year to $3.1 billion, all from Chinese sources Key points: Svolt Energy has just announced a new 6 billion yuan funding, bringing…
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BRIEF: Merger rumors swirl around automakers Dongfeng, Changan
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BRIEF: Dongfeng Motor’s sales fall 11% in 11 months through November
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