Is Tinci Materials limping to a Hong Kong IPO?
China’s securities regulator has given the green light to the battery materials maker’s Hong Kong listing application, but only after a year of scrutiny Key Takeaways: Tinci Materials has been…
China domestic car sales sink in August, as exports continue to surge
Car sales in China fell 23.7% in August, as manufacturers continued to aggressively sell their vehicles abroad to offset the weakness at home. Chinese carmakers sold 1.55 million vehicles during…
Xpeng holds its ground in China’s EV slog, looks to robots
The company’s flat second-quarter deliveries outperformed a shrinking home market, while overseas expansion and a major robotics initiative offer new paths to growth Key Takeaways: Xpeng’s EV deliveries held steady…
Energized by strong profit growth, Zenergy Battery eyes Shenzhen IPO
The mid-tier EV battery maker is targeting domestic Chinese investors with its new listing plan, as it aggressively expands its capacity Key Takeaways: Zenergy Battery expects to report its net…
Leadrive IPO taps into China’s EV export boom
The Shanghai supplier of electric-drive systems kept growing this year even as China’s domestic EV market slowed, but half its revenue depends on a single automaker Key Takeaways: Leadrive’s revenue…
CATL reports strong growth, announces major buyback for Shenzhen stock
Electric vehicle battery maker Contemporary Amperex Technology Co. Ltd. (CATL)(3750.HK; 300750.SZ) said on Sunday that its revenue rose 54.8% year-over-year to 277 billion yuan ($40.89 billion) in the first half…
Londian Wason finds gold, but also financial challenges, in copper foil
The maker of a key component for new energy batteries has filed for what could become the biggest New York IPO by a Chinese company in more than a year…