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…