BRIEF: China market drives Niu’s strong third-quarter sales growth
Electric scooter maker Niu Technologies (NIU.US) announced on Monday that it sold 465,873 units in the third quarter, up 49.1% year-on-year, on especially strong performance in China. The company’s domestic shipments reached…
Shandong Hi-Speed stock soars, then plunges in mystery power play
The data center and green power investor’s shares surged more than 200% in the year through July, but gave back all those gains and more with a nearly 80% plunge…
Sun rises again for SolarSpace as it makes second IPO bid
The solar cell maker’s new listing application shows nearly all of its major metrics began to improve in the first half of this year, including a return to profitability Key…
Senasic seeks fast start as automotive sensor market takes off
With a Hong Kong listing, the maker of chips to check tire pressure and battery life wants to capitalize on China’s tightening safety standards for electric cars Key Takeaways: About…
INDUSTRY BRIEF: New China wind, solar power installations plunge in June
China’s new installations of wind and solar power plunged in June, following a surge the previous month as green energy power developers rushed to finish new projects before the expiry…
BRIEF: CATL targets $4 billion in Hong Kong IPO, poised to become year’s top listing
Electric vehicle (EV) battery maker Contemporary Amperex Technology Co. Ltd. (3750.HK; 300750.SZ) launched its Hong Kong IPO on Monday, aiming to raise up to HK$31 billion ($4 billion) through the…
Despite slumping revenue, Shanghai Refire cruises on government support
The company reported its revenue fell by 28% last year, led by a nearly 50% drop for its core hydrogen fuel cells Key Takeaways: Shanghai Refire’s revenue fell last year,…