Chinese EV Manufacturer Xpeng Motors Files for IPO on NYSE
Xpeng Motors formally filed an initial public offering with the SEC in the early morning of August 8 to list its shares on the New York Stock Exchange (NYSE) under the symbol “XPEV.”
Category: Industry
Showing 12 of 6378 posts in this category
AI Unicorn SenseTime Reportedly Seeking HKEx Listing Hearing
Chinese AI-focused unicorn startup SenseTime will reportedly seek a listing hearing for the Hong Kong Stock Exchange (HKEx) on Friday.
11/19/20212 min read
Waterdrop Founder Won't Pursue "996" Work Culture Outside China, Triggering Controversy
Shen Peng, the founder of insurance tech platform Waterdrop Inc., said at a forum in Singapore that when exploring overseas markets, Chinese companies cannot copy China's prevailing "996" work culture – a 12 hours per day, six days per week working schedule.
HK IPO in 2021 with Target Valuation of $60B? Didi Chuxing Refutes Claim
Leading Chinese ride-hailing platform Didi Chuxing was said to seek filing for an initial public offering in Hong Kong with a target valuation of $60 billion, Reuters reported, citing people familiar with the matter.
10/20/20202 min read
Alibaba to Develop Self-Driving Trucks, Eyeing Next Potential Hot Spot in China’s Tech Sector
Chinese internet giant Alibaba announced on Thursday it will develop driverless trucks with its logistics unit Cainiao, as the company ramps up efforts to follow a trend that may revolutionize the transportation industry.
6/10/20213 min read
Toymaker Pop Mart Fined $31,411 for False Advertising
The National Enterprise Credit Information Publicity System has fined Chinese toymaker Pop Mart 200,000 yuan ($31,411) for false advertising involving the mystery toy boxes of its SKULLPANDA series stockings.
12/10/20212 min read
Chinese Bottled Water Giant Nongfu Spring Prepares for $1 Billion Hong Kong IPO in September
China’s bottled water manufacturer Nongfu Spring has planned its initial public offering (IPO) in Hong Kong worth up to $1 billion.
8/3/20202 min read
Baidu Apollo Showcases Self-Driving and IoV Products at CES Asia 2018
During CES Asia 2018, Baidu Apollo showcased its progress in self-driving, Internet of Vehicles (IoV) and automobile safety. Baidu's autonomous driving platform...
Ren Jun Becomes Legal Representative of Suning.com, Taking Over From Zhang Jindong
According to the Tianyancha app, Suning.com has undergone a series of industrial and commercial changes. For instance, its legal representative has been changed from Zhang Jindong to Ren Jun.
9/10/20212 min read
Former Xiaomi Design Director Nandir Joins ByteDance's Pico
Nandir, the former design director of Xiaomi, has become the social design leader for ByteDance-owned VR firm Pico.
7/22/20222 min read
Sources Say Chinese Convenience Store Chain Bianlifeng to file US IPO, Denied By Company Spokesperson
Sources said today that China's Internet convenience store brand Bianlifeng is planning to file for an IPO. Goldman Sachs, Morgan Stanley and CITIC Securities will act as lead underwriters to arrange the listing.
6/23/20213 min read
Baidu Releases Q2 Report with Strong Growth in All Businesses
Baidu released on August 1 its unaudited financial report for the second quarter of the 2018 fiscal year. Baidu's total revenue grew 32 percent to reach 26 bill...