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?
Illustration of Trump and chagee bubble tea

Delisting speculation, and a new tea listing

Speculation is growing on a potential delisting of Chinese shares from New York in the growing US-China trade war. Could such a mass delisting really happen? And a purist premium tea maker named Chagee raises $400 million in a Nasdaq IPO. What sets this company apart from its many rivals?

Two IPOs: One in Autonomous Driving and One in Gold

Robotaxi operator Pony.ai raised more than $400 million in its U.S. IPO. And jewelry store operator Mokingran raised a smaller $67 million in its Hong Kong listing By Doug Young…