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…
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…