CATL received approval from the CSRC to proceed with its listing on the main board of the Hong Kong Stock Exchange.
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Category: Fund Raising
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.
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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.
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In the first three quarters of 2024, Chery achieved a net income of RMB 11.3 billion, up 58.5 percent year-on-year.
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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.
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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.
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Avatr closed over RMB 11 billion ($1.5 billion) in series C funding, with a goal of going public in 2026.
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New investment secured by Nio China reduced the immediate share dilution risk of Nio and is positive for Nio's share price, according to Deutsche Bank.
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The maker of self-driving technology solutions recently raised several hundred million yuan in its latest funding round.
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The new funding comes just two months after the previous one of over RMB 100 million, and is one of the few large funding rounds in China's autonomous driving space.
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