Li Auto makes lackluster HK debut
Li Auto followed in the footsteps of Xpeng in listing in Hong Kong, though the pricing does not appear to be attractive to investors.
Analysts give BYD target valuation of RMB 1.5 trillion
Following analysts' claims not long ago that BYD would move toward a market capitalization of RMB 1 trillion, there is now a more optimistic team.
China's LFP battery installation exceeds ternary battery for first time this year
The installed base of lithium iron phosphate batteries rose 235.5 percent in July, compared with a 67.5 percent increase for ternary batteries.
Central China's Wuhan trying to get Xiaomi to locate its car-making operations there
While Xiaomi has announced its entry into the car-making field, the city where the business will be housed remains undetermined, making it a target of competition from Chinese cities.
This is what the Mini EV challenger from Chery looks like
A filing shows that the car continues the cute design language of Chery's classic QQ model, with semicircular headlights that look like a pair of cat eyes.
What is grey market trading in HK?
Grey market trading refers to trading that is not in the open market but only by clients in the internal trading systems of certain brokerages.
Li Auto falls over 2% in grey market trading before its HK debut
Li Auto traded down about 3.73 percent to HK$113.6 at the beginning of the grey market in Hong Kong on Wednesday.
China's July power battery installation volume at 11.3 GWh, up 125% year-over-year
In July, CATL had the highest installed base of 5.66 GWh, with a market share of 50.1 percent.
Evergrande Auto's parent company considers another stake sale in EV maker
Evergrande Group, China's largest real estate company with a heavy debt load, has chosen to save itself with the sale of assets.
Li Auto's HK listing raises about $1.5 billion
Li Auto shares will be traded in HK from August 12, and investors can trade on the grey market from 16:15-18:30 Beijing Time the day before.