Li Auto2 Min Read RainManonJune 28, 2022 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
CATL2 Min Read RainManonJune 23, 2022 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…
CATL2 Min Read RainManonJune 16, 2022 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…
BYD2 Min Read RainManonNovember 9, 2021 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.
RainManonNovember 1, 2021 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.
Nio2 Min Read RainManonSeptember 8, 2021 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…
BYD2 Min Read RainManonFebruary 18, 2021 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.
Nio2 Min Read RainManonDecember 17, 2020 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.
Nio2 Min Read RainManonDecember 14, 2020 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…
Nio2 Min Read RainManonDecember 12, 2020 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…