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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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. ...

Premium or mid-range? Struggling Xpeng stuck in identity crisis

Xpeng, with products costing from 150,000 yuan to 470,000 yuan, essentially competing with every other EV brand in the Chinese market, analysts say. ...

Nio enters race for lithium with Australian investment

The electric vehicle maker will pay $7.7 million up front and up to $80 million more for a stake in an Argentine mining project in its tie-up with Greenwing Resources. ...

Defunct Rise Education reborn as EV charging company

Former education company backed by Bain Capital rises from the ashes through a reverse merger with the electric vehicle charging business of NewLink, another Bain-backed Chinese co ...