Chery passed the Hong Kong Stock Exchange's listing hearing on September 7 and is expected to begin trading in Hong Kong later this month.
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Category: Fund Raising
Dreame closes 1st funding round for EV business
Dreame has completed its first round of funding for its EV unit, just two weeks after officially announcing its entry into car-making.
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Nio prices $1 billion share offering at $5.57 per ADS, 11% discount to previous close
The pricing represents an 11 percent discount to Nio ADS's closing price of $6.28 on the previous trading day.
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BREAKING: Nio announces plans to issue new shares for financing
Nio announced plans to issue 181.8 million class A ordinary shares.
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LiDAR maker Hesai launches Hong Kong offering, set to begin trading on Sept 16
Hesai plans to raise up to $500 million in its secondary listing in Hong Kong, with shares set to begin trading on September 16.
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Leapmotor raises $364 million through private placement of domestic shares
Seventy-five percent of the raised funds, or RMB 1.95 billion, will be allocated to developing new EV models and upgrading existing ones.
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Xpeng secures $1.4 billion credit line from China CITIC Bank
China CITIC Bank will grant Xpeng a credit facility of RMB 1 billion ($1.4 billion) to support the company's business operations and development.
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WeRide secures investment from Grab to expedite robotaxi deployment in Southeast Asia
Grab will invest tens of millions of dollars in WeRide, with the transaction expected to close by the first half of 2026.
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Battery maker Sunwoda files for Hong Kong listing
Sunwoda is one of China's largest EV battery makers, with clients including Li Auto, Xpeng, Leapmotor, and SAIC.
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CATL launches first external financing for skateboard chassis unit, report says
CATL's skateboard chassis business recently launched the financing for RMB 2 billion ($280 million), with a pre-investment valuation of about RMB 9 billion.
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