Showing 12 of 51 posts with this tag
Chinese beverage chain HeyTea has denied a report on Wednesday that it has been carrying out major internal layoffs, claiming that its adjustment of a small number of employees is part of its normal business operations.
Apollo Future Mobility, a Hong Kong-listed company, announced on January 12 that it would acquire a subsidiary of Chinese automaker WM Motor for $2.02 billion. This is a strong indication of WM Motor's plan to carry out a public listing through a reverse takeover.
Chinese beverage chain Luckin Coffee filed a document on Friday with the SEC, showing that the company had met conditions for reaching a settlement agreement whereby it will pay a fine of $180 million.
California-based EV startup Faraday Future received a notice from the Nasdaq Stock Exchange on April 4, claiming that its delay in submitting a 2021 financial report (10-K form) violated terms for listing.
Canadian coffee chain Tim Hortons has recently made further progress in plans to list its Chinese business division in the US. Silver Crest, a special purpose acquisition company, will hold a general meeting regarding the merging matter on August 18.
Geely's commercial vehicle arm has been considering a public listing plan and will introduce external investors to carry out the move.
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.
Latest moves from the Chinese regulatory authorities suggest that the long-running Sino-US audit dispute is likely to hit a new milestone.
On July 15th, Sunwoda released a proposal regarding the spin-off of its subsidiary, Sunwoda EVB, for listing on the ChiNext board of the Shenzhen Stock Exchange.
ECARX, a mobility technology company, announced on November 14 that it has entered into an agreement with SPDB International (Hong Kong) Limited and CNCB (Hong Kong) Investment Limited for $65 million of convertible senior notes due in 2025.
Leading Chinese lidar firm Hesai Technology submitted a prospectus on January 17 in preparation for its listing on the Nasdaq under stock code "HSAI."
On Saturday, the China Securities Regulatory Commission (CSRC), together with three other government departments, have released revisions to 2009's confidentiality rules involving legal offshore listings.