Illustration of the umbrella brand of Geely, which includes Zeekr, Volvo, Lotus.

Zeekr’s buyout stalls, and Chagee’s returns cool

A group of early investors in NEV maker Zeekr have protested a recent privatization bid for the company, saying it's too low. Will the buyer heed their complaints and raise its offer? And Chagee's maiden quarterly results show its revenue grew at just half the rate of its new store openings. What's behind the evaporting returns?
China stock rally likely to fizzle

Stimulus-fueled China stock rally set to fizzle?

The Hong Kong market’s nearly 20% jump in the week after Beijing unveiled major new stimulus measures looks based more on hopes than reality    By Rene Vanguestaine It may…