The company aims to issue 37 million shares with a proposed price range of 28.00 to 30.30 Hong Kong dollars per share. If successful, this could raise up to 1.12 billion HKD.
BYD's South African subsidiary has reached an agreement with Golden Arrow, a well-known bus operator in South Africa, successfully securing an order for 120 buses.
The 5th annual Lei Jun speech will be held on July 19th, with the theme of 'Courage'. This time, he will share Xiaomi's three-year experience in making cars and launch two new foldable screen phones.
According to Chinese media outlet 36Kr, Starbucks' Vice President Li Tao has left the company and joined Chinese tea beverage brand CHAGEE earlier this year. CHAGEE has denied the rumor.
A Tesla owner said his new Model Y, which he bought six months ago, suddenly caught fire. When Tesla offered compensation, they requested him to sign a confidentiality agreement.
On June 16, Li Auto's responsible person responded to multiple rear-end collisions involving Li Auto vehicles, attributing the accidents to slippery roads due to rain and following too closely.
The central bank of China has enacted a regulation, effective from May, that presents a stringent stance towards monopolistic practices in the financial sector.
Alibaba underwent a major reorganization last year, mainly hoping to ensure faster and more efficient decision-making, and therefore granted more autonomy to business team leaders.