Zhida loss widens as revenue slips into reverse
Electric vehicle (EV) charging pile maker Shanghai Zhida Technology Development Co. Ltd. (2650.HK) said on Friday it expects to report a loss of up to 120 million yuan ($17.8 million)…
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…
Middle East expansion charges up Zhida’s stock
Shares of the EV charger maker, whose backers include BYD, jumped nearly 10% after announcing its latest expansion plan Key Takeaways: Zhida plans to enter the Middle East, targeting Saudi…
BRIEF: Zhida shares triple in trading debut after weak pricing
Shares of EV charger maker Shanghai Zhida Technology Development Co. Ltd. (2650.HK) tripled in their Hong Kong trading debut, closing up 192% at HK$195.50 on Friday after pricing weakly. The…
Zhida seeks to recharge its finances with another IPO bid
The maker of charging techology for electric vehicles risks running out of juice to manage its cash flow and fund its international expansion plans Key Takeaways: The company managed to…
Zhida looks for IPO charge as EV distress drains its coffers
China’s leading maker of home-based electric vehicle chargers hopes to raise new funds from a Hong Kong listing as its cash runs dangerously low Key Takeaways: Shanghai Zhida Technology has…
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