NAV: AutoBeta Home > AutoBeta Popular content >

Citigroup Learn more about Citigroup

AutoBeta has retrieved the following content about Citigroup for you across the entire web.

• 

  Uber may launch IPO next month with a valuation of up to $120 billion

  Foreign media said that the US ride-hailing company Uber may launch IPO listing in April, while Uber will also issue a registration listing statement next month. At present, Uber has hired Bank of America, Deutsche Bank, Barclays, Citigroup, Allen and JMP Securities to participate in IPO underwriting to prepare for its initial public offering. It is understood that its valuation has been as high as 120 billion US dollars before. But some analysts point out that according to the financial data now disclosed by Uber, its valuation may be closer to $100 billion. Last year, the company reported a loss of about $3.3 billion.

  On the market in April 2019-03-16
• 

  Musk said: autopilot can make Tesla a company with a market capitalization of 500 billion US dollars.

  According to foreign media, Tesla founder Elon Musk (Elon Musk) held an "extensive investor conference call" at Citigroup and Goldman Sachs to talk about Tesla's autopilot strategy, detailing what he and other executives said at the recent "Autonomy Day" event for investors.

  Driving Tesla Musk autopilot. 2019-05-04
• 

  It is exposed that the terms of IPO competition: eight major investment banks are prohibited from raising funds for competitors.

  On September 13, 2018, Weilai Motor listed on the New York Stock Exchange, becoming the first Chinese electric vehicle listed in the United States and the second major electric vehicle manufacturer to conduct an IPO after Tesla, mainly to raise funds. With the sharp decline in subsidies for new energy vehicles in China, many new car-building forces are also seeking to go public to raise further funds. Xilai has blocked eight of the world's top investment banks for its IPO from serving competitors through a rare year-long non-compete clause, according to Reuters, citing sources. At that time, Xilai hired Bank of America Merrill Lynch, Citigroup, Credit Suisse and Germany.

  2019-03-30
• 

  Restart IPO after three years, Volvo may be listed in Sweden within this year

  On May 13, Volvo officially announced that its board of directors had decided to re-evaluate the possibility of IPO, which is expected to be listed on the Stockholm Stock Exchange of Sweden later this year. However, the final decision on listing depends on the market environment, and there is no guarantee that the listing will take place. This is not the first time Volvo has heard the news of IPO. Volvo started the process of listing in 2018, hiring top investment banks, including Citigroup, Goldman Sachs and Morgan Stanley, to coach Volvo. At that time, Geely valued Volvo at $160-30 billion, while Volvo was given 120.

  Volvo 2021-05-14
• 

  First-quarter results of Great Wall Motor announced

  On April 21, Great Wall Motor released its first-quarter results, showing that its operating income in the first quarter of 2021 was 31.117 billion yuan, an increase of 150.62 percent over the same period last year, and the net profit of shareholders belonging to listed companies was 1.639 billion yuan, turning losses into profits. However, the net worth of Great Wall Motor has declined, and the net cash flow from operating activities has also fallen to 213 million yuan from 524 million yuan last year. After the announcement of the financial results of Great Wall, a number of big banks cut their target prices. CICC lowered its target price by 14.3% to HK $30, while Citigroup lowered its target price by 30% to HK $24.9. People in the industry are divided.

  Great Wall Motor 2021-04-22
• 

  The loss of car building was nearly 5 billion in three years, and it was decided to list in Hong Kong.

  Another new power car company plans to list on the Hong Kong Stock Exchange! Zhejiang Zero Technology Co., Ltd. submitted its application for listing to the Hong Kong Stock Exchange on March 17, with China International Capital Corporation, Citigroup, JPMorgan Chase and Jianyin International as co-sponsors of the IPO. According to the prospectus, Zero Auto plans to use the funds raised for smart electric vehicle research and development, enhance production capacity, enhance brand awareness and other directions. In the prospectus, Zero disclosed its revenue for nearly three years. In terms of revenue, the total revenue of zero-running cars from 2019 to 2021 is 117 million yuan, 631 million yuan and 3.132 billion yuan respectively. Specific business aspects.

  Zero running car 2022-03-18
• 

  Volvo: sell at least 600000 trams in 2025

  Volvo: sell at least 600000 trams in 2025

  Volvo 2021-07-01
• 

  Volvo officially listed in Sweden

  Today, Volvo announced its official listing on the Stockholm Stock Exchange in Sweden. The trading symbol is "VOLCAR B" with an opening price of SEK 58.75 and an offering price of SEK 53 per share. As early as Oct. 4, Volvo issued a statement that it plans to conduct an IPO and list on the Nasdaq Stockholm Stock Exchange. According to Volvo's official announcement, the IPO raised 18.5 billion yuan, or about $2.87 billion. Regarding the listing, Volvo CEO Hanken Samuelson said, "the decision to promote IPO will help enhance our brand, and."

  Volvo 2021-10-29
• 

  GM workers continue to strike, GM suspends payment of workers' medical insurance

  The United Automobile Union (UAM) announced on September 15th that 48000 of its workers would go on strike because it could not reach an agreement with GM on labor contracts and other issues. According to the plan announced by UAW, they will negotiate with GM again on Tuesday, but the strike that has already taken place will not stop. GM announced on Tuesday that it would suspend health insurance payments to UAM for 48000 union employees who have been on strike for two days in a row. On September 17, the second day of GM workers' strike, nearly 50,000 workers took to the streets, waving "American auto workers."

  Cars General Motors General Motors suspension strike 2019-09-18
• 

  Volvo plans to raise 18.5 billion yuan and Volvo will be listed in Sweden

  Volvo plans to IPO and list on the Nasdaq Stockholm Stock Exchange, and its new shares will raise a total of about 25 billion Swedish kronor (18.5 billion yuan), Volvo's official website said on Oct. 4. On IPO, Volvo CEO Hanken Samuelson said, "the decision to move forward with IPO will help enhance our brand and accelerate the transformation strategy of fully electrified, user-directed and higher levels of security. This will help the company achieve continuous growth in sales, revenue and profitability. " Volvo said the Nasdaq Stockholm deal.

  Volvo 2021-10-05
• 

  BYD masks have become the main source of profit, and a number of institutions have raised their "bullish"

  In the face of the market environment shrouded by COVID-19 's epidemic in 2020, most car companies will face signs of declining sales and profits, especially for BYDA, which has been in a continuous decline in the new energy vehicle market for 11 months. However, a few days ago, as BYDA reported an 85% drop in profits in the first quarter, it was still "bullish" by a number of institutions.

  BYD 2020-04-29
• 

  BYD's sales were released in July, and its market capitalization reached an all-time high

  According to the latest figures released by BYD on Aug. 5, BYD sold 56975 passenger cars in July, up 89.4% from a year earlier, of which BYD sold 50057 new energy vehicles, up 262.7% from a year earlier, while fuel vehicle sales were 6918, down 5.96% from a year earlier. BYD's sales of new energy vehicles increased significantly, including 25061 DM models and 24996 EV models. In January this year, BYD released the self-developed "DM-i Super plug-in" system, which at the same time announced that it included Qin PLUS DM-i and Song P.

  BYD 2021-08-06
• 

  Xiaopeng Motor increased its capital to 30 billion yuan

  Recently, Guangdong Xiaopeng Automotive Technology Co., Ltd. has undergone industrial and commercial changes, and its registered capital has increased from 20 billion yuan to 30 billion yuan. Data show that the company was established in June 2019, the legal representative Xia Heng, wholly owned by XPeng (Hong Kong) Limited. Equity penetration

  Cars Xiaopeng companies market capitalization limited limited Hong Kong dollars capital power registered capital ideals losses growth markets people 2022-10-09
• 

  With a loss of nearly 5 billion in three years, it was approved to list in Hong Kong.

  According to the official website of the China Securities Regulatory Commission on August 19, the CSRC approved Zhejiang Zero running Technology Co., Ltd. (hereinafter referred to as "Zero running Automobile") to issue overseas listed foreign capital shares and domestic unlisted shares to be listed overseas. According to the relevant regulations, after examination, the reply is as follows: the approved company shall issue no more than 290 million shares overseas.

  Cars companies models codes markets shares electric power losses brands selling prices cash limited shares between prices foreign capital 2022-08-20
• 

  Wang Fengying, former president of the Great Wall, will be Xiaopeng's CEO? Official response

  Recently, there are a lot of news on the Internet that Wang Fengying, former general manager of Great Wall Motor, will replace he Xiaopeng, CEO of Xiaopeng Automobile, as CEO of Xiaopeng Automobile. In response to the news, Xiaopeng Automobile responded that Xiaopeng Motor has achieved initial results since it started organizational restructuring in the second half of last year. The adjustment is still in progress, Huan.

  Automobile Xiaopeng Wang Fengying Wang Feng Product Adjustment Great Wall Company Strategy Director sales Geely Media Market General Manager 2023-01-13
• 

  The loss in three years is more than 4.4 billion! Zero running car is listed on the Hong Kong Stock Exchange

  On August 29, according to the Hong Kong Stock Exchange, zero-running cars were listed on the Hong Kong Stock Exchange. This also means that zero-running cars may become the fourth new car-building force to land on the Hong Kong Stock Exchange after Wei Xiaoli. According to an earlier announcement on the official website of the CSRC, the CSRC approved the issuance of no more than 291 million shares of zero-running cars overseas.

  Cars losses companies shares electric HKEx power new energy cash ideal electric vehicles capacity securities supervision models shares limited 2022-08-30
• 

  Xiaopeng car major adjustment! Investor: no less than the "930" adjustment of Tencent

  According to 36 krypton and other media reports, he Xiaopeng, chairman and CEO of Xiaopeng Automobile, released a full-staff email on the evening of October 21, announcing a comprehensive organizational restructuring in order to reverse the decline in Xiaopeng automobile products and sales. According to people familiar with the matter, the biggest change in Xiaopeng's organizational adjustment is Xiaopeng Motor.

  Xiao Peng cars models products adjustments new cars ideals sales power gross margin gross margin goals architecture matrix organizational structure 2022-10-23