The Bamboo Works

The Bamboo Works provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.
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IPO-bound Hozon tempts investors with overseas drive

Neta Auto parent Hozon has filed to list in Hong Kong, targeting customers at home and abroad with its affordably priced vehicles.

QCraft revs up its fundraising in autonomous driving race for cash

The maker of self-driving technology solutions recently raised several hundred million yuan in its latest funding round.

Europe's EV tariffs seen as minor speed bump for BYD

BYD received the lightest penalty in Europe's new set of auto tariffs, to the relief of investors, but the sector is already looking to Southeast Asia as a growth driver.

Zeekr steps on IPO accelerator

Zeekr is reportedly jumpstarting its stalled plan to list in New York as valuations for its peers rapidly fall.

State investors jump on board NEV maker Leapmotor's bandwagon

As the global war for NEV market share intensifies, the company could get an edge through its joint venture with US-European auto giant Stellantis.

Zeekr offers new Chinese NEV option for global investors

Despite its relative youth, the electric vehicle maker has quickly gained traction in its home China market thanks to its strong ties with hometown auto giant Geely.

Sputtering WM Motor changes lanes with new US listing plan

Following the collapse of its Hong Kong backdoor listing, WM Motor is pinning its hopes on a potential merger with the US-listed Kaixin Auto.

China's EV sector at crossroads as Nio joins bloody price war

Nio's about-face highlights the plight now facing China's EV makers, as they try to navigate an unexpected turn in the road that analysts say could stretch on for some time to come.

Nio seeks satisfaction, but likely to get little charge, from defamation lawsuit

Nio has accused a blogger of deliberately misleading readers by saying it discriminates against Chinese consumers.

Xpeng revs up for comeback after ending 2022 in the slow lane

Xpeng forecast its deliveries would drop about 46% in the first quarter, but expects to rebound in the second half with a steady stream of new product launches.