Sichuan-based mining and manufacturing firm Tianqi Lithium released two announcements on September 21 aimed at boosting its stock price and market value.
Lithium mining giant Tianqi Lithium was listed on the Hong Kong Stock Exchange on July 13. Its stock fell as much as 11%, hitting a low of HK$ 72.65 ($9.25). The closing price sat at HK$128.6, with a total market value of HK$211.1 billion.
Chinese mining firm Tianqi Lithium seeks to pass a listing hearing for the Hong Kong Stock Exchange (HKEx) on Thursday, to raise between $1 billion and $1.5 billion.
Chinese lithium miner Tianqi Lithium's application for a Hong Kong listing has been approved by the China Securities Regulatory Commission. Subsequently, rumors have emerged that Tesla will participate in the IPO subscription of the company.
A BYD Tang was sighted in the parking lot of Chrysler’s headquarters in Auburn Hills, Michigan in June. Chrysler purchased the vehicle as a reference for its forthcoming 2018 Jeep Cherokee. A US automaker was ‘learning’ from BYD Tang’s experience.