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Hong Kong stock rally takes a pause as investors gather profits

Hong Kong stocks fell on Friday as investors took profits, especially in high-flying sectors, pausing a recent rally. The Hang…

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China’s Hesai rises in Hong Kong share debut as lidar-sensor maker raises US$531 million

Shares of Hesai Group, the world’s largest supplier of lidar sensors, rose in their Hong Kong debut on Tuesday as…

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Chinese EV maker Nio eyes US$1.1 billion in proceeds from share placement

In a statement on Wednesday, the Shanghai-based carmaker said 181.8 million new shares would be issued, which would be allocated…

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Lidar giant Hesai seeks US$500 million in Hong Kong dual listing amid US-China tensions

Hesai Group, the world’s largest supplier of automotive lidar sensors, is seeking to raise up to HK$3.9 billion (US$500 million)…

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Lidar sensor maker Hesai Group gets regulatory approval for Hong Kong IPO

Hesai Group, one of the world’s largest makers of automotive Lidar sensors, received the green light from China’s securities regulator…

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Leapmotor’s stock and sales soar to become a new challenger in China’s booming EV market

Zhejiang Leapmotor Technology, once a fringe player in China’s electric vehicle (EV) industry, is beating all its start-up rivals by…

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Tesla China starts taking orders for longer-range Model 3 EV, with 14% price bump

Tesla has begun offering its longer-range Model 3 variant to Chinese customers as it fights to regain market share from…

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Chinese EV makers’ July sales dip 5% as narrower discounts cool vehicle buyers’ ardour

Electric vehicle (EV) sales in mainland China hit a speed bump last month, sparking worries about the industry’s growth momentum…

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Chinese carmakers rein in EV price cuts at Beijing’s behest as discount war takes its toll

Chinese carmakers have refrained from offering steep discounts to align with Beijing’s efforts to protect a vital industry, but an…

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New Business

Tesla EV shipments slip from China factory as drivers choose cheaper local options

Deliveries by Tesla’s Shanghai Gigafactory dropped in July as the US maker of electric vehicles (EVs) failed to sustain sales…

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