EV - Bamboo Works - China stock insights for global investors

FAST NEWS: Zeekr shares jump in New York trading debut

Mon, 13 May 2024 04:54:36 +0000

The Latest: Shares of Zeekr Intelligent Technology Holding Ltd. (ZK.US), the electric vehicle (EV) maker backed by leading Chinese automaker Geely, jumped in their trading debut on Friday after pricing at $21, representing the top of their previously announced range. Looking Up: The company raised about $440 million through the share sale, making it the.....

The post FAST NEWS: Zeekr shares jump in New York trading debut appeared first on Bamboo Works.

Are pricey warrants powering Lotus Technology’s rally?

Fri, 10 May 2024 06:27:22 +0000

Shares of the EV arm of Britain’s luxury Lotus brand have jumped more than 40% over the last two weeks, but are still sharply down from their trading debut in February Key Takeaways: By Doug Young The road for aspiring luxury electric vehicle (EV) maker Lotus Technology Inc. (LOT.US) has been anything but smooth.....

The post Are pricey warrants powering Lotus Technology’s rally? appeared first on Bamboo Works.

PODCAST: Ping An Trust Misses a Payment, and SAIC Sells Down Its India Venture

Tue, 23 Apr 2024 04:36:44 +0000

Ping An Trust has missed a $100 million payment on a wealth management product tied to Zhenro, a property developer. Does this show the woes afflicting China's trust industry are creeping up the food chain to top-tier names like Ping An? And leading automaker SAIC has sold 51% of its India venture to local partners for $624 million. Is this purely a commercial move, or is it also motivated by concerns about recent China-India tensions?

The post PODCAST: Ping An Trust Misses a Payment, and SAIC Sells Down Its India Venture appeared first on Bamboo Works.

Zongmu joins autonomous driving queue at Hong Kong IPO tollgate

Tue, 16 Apr 2024 04:22:54 +0000

The maker of autonomous parking solutions is unlikely to impress investors with its big losses and anemic 6% revenue growth last year Key Takeaways: By Hugh Chen Autonomous driving has cruised back into the spotlight over the past year, as technologies that were once hyped – and then subsequently forgotten – finally start to.....

The post Zongmu joins autonomous driving queue at Hong Kong IPO tollgate appeared first on Bamboo Works.

PODCAST: China EVs Under Attack, and Alibaba’s Sputtering Split-up

Tue, 09 Apr 2024 03:21:49 +0000

China accuses US of unfair EV subsidies at the WTO. Will the US fight back with a counter claim against Chinese EVs? And Alibaba cancels an IPO for its Cainiao logistics unit. Is its bigger plan to break up the company falling apart?

The post PODCAST: China EVs Under Attack, and Alibaba’s Sputtering Split-up appeared first on Bamboo Works.

Li Auto charges ahead in fourth quarter as slowdown looms

Tue, 27 Feb 2024 05:56:14 +0000

The NEV maker’s revenue from vehicle sales rose 134% in the fourth quarter, but it forecast its overall revenue growth would slow to about 70% in the first quarter of 2024 Key Takeaways: By Doug Young Li Auto Inc. (LI.US; 2015.HK) is increasingly looking like a survivor in the race to see who remains.....

The post Li Auto charges ahead in fourth quarter as slowdown looms appeared first on Bamboo Works.

State investors jump on board NEV maker Leapmotor’s bandwagon

Tue, 23 Jan 2024 03:29:06 +0000

As the global war for NEV market share intensifies, the company could get an edge through its joint venture with U.S.-European auto giant Stellantis Key Takeaways: By Edith Terry With the Lunar New Year coming up, the road ahead for Zhejiang Leapmotor Technology Co. Ltd (9863.HK) could be interpreted in two ways. Under one,.....

The post State investors jump on board NEV maker Leapmotor’s bandwagon appeared first on Bamboo Works.

PODCAST: China Sets Goals for 2024, and a French Snub for Chinese EVs

Thu, 21 Dec 2023 03:05:19 +0000

By Doug Young & Rene Vanguestaine Chinese leaders said they’ll prioritize progress and stability in 2024 at their annual Central Economic Work Conference. Does that mean they’ll put greater emphasis on the economy? And France and Turkey take new steps that could limit Chinese EV imports. What’s behind this growing bias against Chinese electric cars.....

The post PODCAST: China Sets Goals for 2024, and a French Snub for Chinese EVs appeared first on Bamboo Works.

Geely flexes deal-making muscle as Lotus Technology nears listing finish line

Wed, 13 Dec 2023 23:21:12 +0000

The EV arm of Geely-controlled Lotus raised $870 million as it gets closer to becoming a public company through a SPAC listing Key Takeways: By Warren Yang Homegrown Chinese auto giant Geely Holding Group is continuing to build its credentials as a dealmaker in a new energy vehicle (NEV) space that it sees as.....

The post Geely flexes deal-making muscle as Lotus Technology nears listing finish line appeared first on Bamboo Works.

PODCAST: An EV Newbie Goes to Wall Street, and a Bubble Tea Giant to Hong Kong

Mon, 04 Dec 2023 03:25:36 +0000

By Doug Young & Rene Vanguestaine EV maker Zeekr, owned by car giant Geely, has filed for a New York IPO to raise as much as $1 billion. But with only two years of history, will investors embrace the company? And bubble tea giant Mixue Bingcheng eyes its own listing in Hong Kong. But will.....

The post PODCAST: An EV Newbie Goes to Wall Street, and a Bubble Tea Giant to Hong Kong appeared first on Bamboo Works.

NaaS zooms ahead with growing focus on EV infrastructure operators

Wed, 01 Nov 2023 13:03:33 +0000

China’s leading provider of electric vehicle charging services said its revenue rose more than 500% in the third quarter, and added the figure could grow as much as six-fold next year Key Takeaways: By Doug Young Just over a year after its listing on the Nasdaq, China’s top electric vehicle (EV) charging services provider.....

The post NaaS zooms ahead with growing focus on EV infrastructure operators appeared first on Bamboo Works.

PODCAST: A Xi-Biden Summit Takes Shape, and Stellantis Rescues an EV Startup

Tue, 31 Oct 2023 10:27:59 +0000

By Doug Young & Rene Vanguestaine A summit between Xi Jinping and Joe Biden is looking increasingly likely after China’s foreign minister traveled to Washington last week. But will such a meeting accomplish anything? And Stellantis, owner of the Chrysler and Peugeot brands, will pay $1 billion for 20% of Chinese EV maker Leapmotor. What’s.....

The post PODCAST: A Xi-Biden Summit Takes Shape, and Stellantis Rescues an EV Startup appeared first on Bamboo Works.