Surging sales lift CNGR’s first-half profit
New energy materials producer CNGR Advanced Material Co. Ltd. (2579.HK) announced on Monday it expects its net profit for the first half of 2026 to range from 1.25 billion yuan…
Avatr parks its NEV listing in Hong Kong, complete with losses and state ownership
Parent Chang’an Auto’s chairman has said his company will strongly support the NEV brand, whose sales plunged by more than half in the first five months of 2026 Key Takeways:…
Zhida to raise $26 million through share placement at 12% discount
Electric vehicle (EV) charging pile maker Shanghai Zhida Technology Development Co. Ltd. (2650.HK) said on Tuesday it plans to sell up to 19.13 million new shares for HK$10.98 each, representing…
BRIEF: CATL raises massive $5 billion in share placement at 7% discount
Electric vehicle (EV) battery maker Contemporary Amperex Technology Co. Ltd. (3750.HK; 300750.SZ)(CATL) announced on Tuesday it plans to place 62.4 million new Hong Kong-listed H-shares at HK$628.20 each, representing a…
BRIEF: JL Mag profit jumps over 20% in first quarter
Rare-earth magnetic materials producer JL Mag Rare-Earth Co. Ltd. (6680.HK; 300748.SZ) announced on Wednesday its revenue rose 16.05% year-on-year in the first quarter to 2.04 billion yuan ($299 million), while…
China’s NEV slowdown, and a dating app rejects AI
"There is no way all of these companies are sustainable. There is no way they are making profits." Rene Vanguestaine Key Takeaways: The recent contraction in China's overheated new energy…
INDUSTRY BRIEF: China NEV sales drop 21% in March
Retail sales of passenger new energy vehicles (NEVs) in China reached 784,000 units in March, down 21% from a year earlier but up 69% from February, reflecting a gradual rebound…
Recent Articles
BRIEF: CATL raises massive $5 billion in share placement at 7% discount
3750.HK
300750.SHE
BRIEF: JL Mag profit jumps over 20% in first quarter
6680.HK
300748.SHE
