FAST NEWS: Zeekr shares jump in New York trading debut
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…
Are pricey warrants powering Lotus Technology’s rally?
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…
Next stop for Geely-backed CaoCao: a Hong Kong IPO
The ride-sharing company has built partnerships with third-party platforms to mount a concerted challenge to the market leader, but the strategy carries risks Key Takeaways: CaoCao Inc.’s revenues have grown…
Zeekr steps on IPO accelerator as its prospects run low on fuel
The new energy vehicle maker is reportedly jumpstarting its stalled plan to list in New York as valuations for its peers rapidly fall Key Takeaways: Zeekr has reportedly restarted its…
FAST NEWS: iMotion Automative dips on trading debut
The latest: Autonomous driving domain controllers maker iMotion Automotive Technology (Suzhou) Co. Ltd. (1274.HK) opened at HK$29.55in their Wednesday trading debut, 0.3% lower than their IPO price of HK$29.65, giving…
CHINA BULLETIN: Progress First, Stability Second, Says Politburo
In this week’s issue Beijing says progress over stability, a lifeline for local banks, and TikTok’s $1.5 billion Indonesia bet. On a scale of 1 to 100, we give the…
Geely flexes deal-making muscle as Lotus Technology nears listing finish line
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: Lotus Technology has raised $870 million…
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