BRIEF: iMotion’s revenue rises 160% this year through April
Smart vehicle technology maker iMotion Automotive Technology (Suzhou) Co. Ltd. (1274.HK) announced on Monday that its revenue for the four months through April surged 162.6% year-on-year to 400 million yuan…
Auto parts platform Casstime sets IPO course on EV hopes
The operator of a digital hub for automotive components and services is seeking a Hong Kong listing, citing plans to expand its coverage to meet rising demand Key Takeaways: Casstime…
Zeekr drives off Wall Street, heralding chilly year ahead for U.S. Chinese listings
Trading of the EV maker’s shares was suspended on Dec. 22, after investors approved a plan by parent Geely to privatize the company less than two years after its IPO…
Afari tries to charm investors with AI story rife with question marks
The carmaker has applied to list in Hong Kong, led by a new chairman described as having over a decade of deep experience in AI, but with few additional details…
BRIEF: DBS sees upside potential for ECARX on growing customer diversification
DBS initiated coverage on digital cockpit maker ECARX Holdings Inc. (ECX.US) this week with a 52-week price target of $2.80, about 24% higher than its current price, citing strong potential…
BRIEF: Zeekr shareholders accept privatization offer
Shareholders of electric vehicle (EV) maker Zeekr Intelligent Technology Holding Ltd. (ZK.US) voted overwhelmingly to accept an offer to privatize the company, with 96.8% of ordinary shares cast in favor…
BRIEF: CaoCao tumbles in Hong Kong trading debut
Ride-hailing platform CaoCao Inc. (2643.HK) slipped into reverse with its Hong Kong debut on Wednesday, as its shares opened down 20% at HK$33.80 on their first trading day. The stock…