Stock Offering
Li Auto to issue up to $2 billion in additional ADSs, shares down 5% in early trading
Li Auto's move seems to be a preparation for its capital needs in the coming years. As of March 31, it had cash reserves of RMB 51.19 billion
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CATL officially sets price of its share offering at RMB 410
CATL raises a total of RMB 45 billion through the offering, which will be used for lithium battery capacity construction and technology development projects.
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CATL has set price for its share offering at RMB 410, report says
The pricing represents a 12 percent discount to CATL's closing price in Shenzhen on Wednesday and a premium of about 21 percent to the offering's floor price of RMB 339.67.
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BYD closes private placement of additional shares in Hong Kong, securing $1.77 billion in funding
BYD's shares traded in Hong Kong rose 3.36 percent to HK$314.2 as of press time, and it is up about 26 percent in the past month.
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BYD aims to raise $1.77 billion by issuing 50 million additional shares in Hong Kong
BYD's offering price offers a discount of about 7 percent to Friday's closing price.
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Nio announces plan to issue additional $2 billion ADSs via at-the-market offering
The company plans to use the net proceeds from the offering to further strengthen its balance sheet, as well as for general corporate purposes, Nio said.
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Hillhouse Capital takes part in BYD's latest private placement after liquidating its positions in Nio, Xpeng and Li Auto
Hillhouse has just liquidated its position in shares of Chinese new car makers Nio, Xpeng, and Li Auto.
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Nio announces closing of 68 million ADS offering at $39 per Share
Nio said the underwriters will exercise their option to purchase the additional 10.2 million ADSs in full.
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Nio shares fall 6% pre-market after pricing additional ADS offering at $39
Shares of Chinese EV maker Nio fell 6 percent to $39.46 in pre-market trading after pricing its additional ADS offering at a discount of about 7 percent to Friday's close.
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This is why Nio chose to issue additional ADSs
Nio said it will make the choice that is best for the company's long-term growth based on changes in the market in order to safeguard its long-term competitive advantage.
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