partners and representatives of the car owners from NIO company, jointly ringed the listing clock of the NYSE. The Chinese EV startup company with the stock code of “NIO” has officially been listed in the US and became the first Chinese EV company to go public in the US. ...
TMTPOST -- The U.S.-listed shares of Chinese firms jumped on Monday as China’s policymakers signaled they will double down economic stimulus measures for the next year.Credit：Xinhua News Agency The Nasdaq Golden Dragon China Index, which tracks 65 China-exposed U.S.-listed companies, surg...
Driven by the two EV battery manufacturers of CATL and BYD, Chinese power battery companies are leading the way in research and development. For example, BYD’s blade battery - CTB technology - CATL’s third generation of CTP technology Qilin battery, and integrated smart chassis bring new insp...
US-listed shares of Zeekr, Nio and Xpeng slumped more than 8.7%, 5.1% and 4.8%, respectively, as the the U.S. stock benchmark S&P 500 hit its record for three trading days in a row. TMTPost -- The American Depositary Receipts (ADRs) of Chinese elelctric vehicle (EV) makers were h...
TMTPOST -- The U.S.-listed shares of Chinese firms jumped on Monday as China’s policymakers signaled they will double down economic stimulus measures for the next year. Credit:Xinhua News Agency The Nasdaq Golden Dragon China Index, which tracks 65 China-exposed U.S.-listed companies, surge...
blank-check firm in a deal valued at nearly $1.7 billion, including debt. The deal with Mountain Crest Acquisition Corp IV comprises an equity value of $1.25 billion and a net debt of $460 million, the companies said. A special purpose acquisition company (SPAC) is ...
The method has been used by companies already trading elsewhere to build brand presence in Hong Kong and the Chinese mainland with a large base of existing shareholders, and allows the company to connect with investors in the region, according to a Bloomberg report. RELATE...
Chinese electric car company Zeekr delivered the most cars in the first half of the year among U.S.-listed Chinese companies only selling pure electric cars.
An Xpeng store is seen in Beijing, China, January 2, 2021. /CFP Chinese electric vehicle (EV) maker Xpeng said on Tuesday it has secured a credit line of 12.8 billion yuan ($2 billion) from five Chinese banks to expand manufacturing and sales. New York-listed Xpeng,...
As the Middle East region steers the course for greater e-mobility solutions in a sustainability push, XPENG’s announcement coincides with another Chinese EV maker, BYD, which has signed a distribution agreement of several of its models with the Qatar-listed Mannai Corporation....