IPO Archives - Page 2 of 19

Cainiao IPO Is Proceeding As Usual

Although Cloud Intelligence Group has halted its spin-off and Freshippo's IPO plan has been postponed, Cainiao's IPO is proceeding as planned.

“Father of Chinese Chips” Makes Another IPO Attempt

Recently, the official website of the China Securities Regulatory Commission (CSRC) showed that Vimicro has filed for listing guidance with the Guangdong Securities Regulatory Bureau, and CITIC Securities is the guiding institution.

Alibaba’s Cainiao Responds to Rumors of Raising $2 billion and IPO in Hong Kong

Recently, news of Cainiao's listing in Hong Kong has once again surfaced. The news states that Alibaba's logistics subsidiary, Cainiao, plans to IPO in Hong Kong in early 2024 and aims to raise $2 billion.

Huolala Ventures into Electric Vehicle Manufacturing

Recently, Huolala officially submitted its IPO application to the Hong Kong Stock Exchange. It is worth noting that in the application, Huolala officially mentioned its car-making project: the company is using its experience in existing vehicle leasing and sales services to explore new business opportunities, such as developing electric commercial vehicles.

BYD Aims to Become China’s Largest Automaker

On the evening of March 28th, BYD released its 2022 annual report. The announcement showed that BYD achieved operating income of ¥ 424.1 billion (about $ 62 billion) in 2022, Chairman of BYD Wang Chuanfu stated that our goal is to become China's largest car manufacturer by the end of this year.

Geely Subsidiary Zeekr Confirms Application for U.S. Listing

Chinese vehicle manufacturer Geely Automobile announced through the Hong Kong Stock Exchange on December 13 that its subsidiary Zeekr, a premium electric car brand, has submitted a draft registration statement for a possible IPO to the US SEC on a confidential basis.

Chinese EV Battery Maker REPT to Go Public Overseas

REPT, a Chinese electric vehicle battery manufacturer backed by leading nickel and stainless steel producer Tsingshan Holding Group, has submitted an application for an overseas public listing.

WM Motor Reportedly Planning to List via Reverse Merger

Half a year has transpired since Chinese electric vehicle startup WM Motor submitted its application for a public listing, but a lack of progress with those plans has caused it to consider alternative paths, such as reverse merger.

Battery Maker SVOLT Gets Green Light for IPO to Raise $2B

The public listing of SVOLT, a Chinese lithium-ion battery systems provider, was approved by the Shanghai Stock Exchange on November 18.

BYD Semiconductor Terminates IPO to Prioritize Wafer Production Expansion

On November 15, BYD terminated the listing of its subsidiary BYD Semiconductor, as its wafer production capacity is still far from meeting demand. Priority will now be given to large-scale wafer production capacity investment.

Cross-Border E-Commerce Firm Zibuyu Listed in Hong Kong

Cross-border e-commerce company Zibuyu Group was officially listed on the main board of the Hong Kong Stock Exchange (HKEx) on November 11, with Huatai International and ABC International serving as co-sponsors.

Geely’s Pickup Truck Brand Radar Eyes Potential IPO

Radar, a pure electric pickup truck brand owned by Geely, launched its first mass-production model, the RD6, on November 9, and said that it will enter overseas markets next year while selecting the appropriate time for an IPO.

Battery Giant CATL Supports IPOs of Raw Material Suppliers

With the development of the new energy vehicle market, the number of listed enterprises with operations in the lithium industry is increasing. As a global battery leader, CATL has supported the public listing targets of its own raw material suppliers.

China’s Second-Tier EV Makers Rush to List in Blooming Market

After public listings by XPeng, NIO and Li Auto in China and overseas, the second echelon of the country's electric vehicle industry, including firms such as Leapmotor, WM Motor, and Aiways, is embarking on a new round of IPOs in a bid to secure more funding.

AR Service Provider Flowing Cloud Eyes to Become First Metaverse-Related Stock Listed in Hong Kong

On September 22, a document from the Hong Kong Stock Exchange (HKEx) showed that Flowing Cloud, a Chinese tech firm, passed the listing hearing and it will start trading on the main board of the exchange.

Leapmotor to Raise $1B in Hong Kong IPO, Starts Trading on September 29

On September 20, Leapmotor, a Hangzhou-based smart electric vehicle brand, announced through the Hong Kong Stock Exchange (HKEx) that it will issue 131 million shares at a price of HK $48 to HK $62 ($6.12 - $7.9) per share.

Ant Group Buys Land in Shanghai, Eyes Restart of IPO

Alibaba's financial services arm Ant Group has won the rights to a plot of land in Shanghai's Huangpu District. Analysts have suggested that the move may indicate Alibaba is accelerating its split with Ant Group, so as to promote the latter's restart of an IPO bid.