Expansion into Middle East sends shares soaring, but Zhida's valuation looks steep

Middle East expansion charges up Zhida’s stock

Shares of the EV charger maker, whose backers include BYD, jumped nearly 10% after announcing its latest expansion plan Key Takeaways: Zhida plans to enter the Middle East, targeting Saudi…

BRIEF: BYD car sales fall 12% year-on-year in October

New energy vehicle (NEV) maker BYD Co. Ltd. (1211.HK, 002594.SZ) said on Sunday that it sold 441,706 vehicles in October, down 12% year-on-year. Its sales of plug-in hybrid vehicles plunged…
New energy is polysilicon

BRIEF: EV maker Seres gets CSRC nod for Hong Kong listing

Electric vehicle (EV) maker Seres Group Co. Ltd. (601127.SH) received regulatory approval from the China Securities Regulatory Commission (CSRC) for its planned Hong Kong IPO, according to a Thursday notice…
New energy is polysilicon

BRIEF: CATL passes Hong Kong listing hearing

Electric vehicle (EV) battery maker Contemporary Amperex Technology Co. Ltd. (300750.SZ) passed its listing hearing with the Hong Kong Stock Exchange on Tuesday, clearing the way for what is likely…