Fund Raising
Nio completes HK$4.03 billion new share offering
Nio completes offering of 136,800,000 shares of class A ordinary shares at an offering price of HK$29.46 per share.
Nio's William Li touches on topics including share sale, in-house chip in new interview
William Li talked about the reception of Nio's share placement, and said the company's in-house developed autonomous driving chip and operating system are open to the entire industry.
Nio sets its new share offering at HK$29.46 per share, 9.49% discount to Thursday's closing price
Nio priced its new share offering at HK$29.46 per share, a 9.49 percent discount to Thursday's closing price in Hong Kong, for a total offering amount of HK$4.03 billion.
Nio plans to issue new shares to raise funds for R&D and strengthen balance sheet
Nio plans to issue up to 118,793,300 class A ordinary shares in offshore transactions outside the US to non-US persons.
CATL's planned HK listing gets green light from Chinese mainland securities regulator
CATL received approval from the CSRC to proceed with its listing on the main board of the Hong Kong Stock Exchange.
BYD to raise $5.6 billion in HK by new share placement
The placing price is HK$335.2 per share, a 7.8 percent discount to BYD's closing price of HK$363.6 on March 3 in Hong Kong.
BYD seeks to raise up to $5.2 billion in HK primary placement, report says
BYD is offering 118 million shares at a discount of up to 8.4 percent to Monday's closing price of HK$363.60, according to Bloomberg.
Chery files for HK listing to fund further expansion
In the first three quarters of 2024, Chery achieved a net income of RMB 11.3 billion, up 58.5 percent year-on-year.
HK-listed LiDAR maker RoboSense to issue up to 22 million new shares
RoboSense expects to get up to HK$1 billion from the new share placement, with 70 percent of the money to be used for research and development, with a focus on robotics.
IM Motors closes $1.3 billion in new funding, plans to launch 4 new models in 2025
IM Motors plans to launch two BEV models and two EREV models in 2025, extending its model lineup to the hybrid market for the first time.