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The three major domestic car brands Ullai, ideal and Xiaopeng once again spread the news of listing in Hong Kong. According to the Financial Associated Press on March 29, Lulai Motor and Xiaopeng Motor have submitted their listing applications to the Hong Kong Stock Exchange, and the ideal car has not yet been "submitted." Xilai, Xiaopeng and ideal Motors plan to list in Hong Kong this year to attract more investors and are discussing listing plans with several banks, Reuters reported on March 9, citing people familiar with the matter. The three car brands plan to sell at least 5 per cent of their shares, raising a total of $5 billion based on the market capitalisation of US stocks, according to sources. Xilai is working with Credit Suisse Credit Suiss...
On March 10, Ulai was officially listed for trading on the Hong Kong Stock Exchange under the symbol "9866" with an opening price of HK $160. at one point, it hit a high of HK $169.5 per share, with a market capitalization of more than HK $280 billion at one time. As of today's close, Hong Kong shares fell 0.69 per cent to HK $158.9 per share, with a total market capitalization of HK $265.2 billion, ranking second among domestic car companies after BYD. According to previous reports, Lailai issued a notice on February 28 to announce that it had been heard by the HKEx and approved in principle the secondary listing on the main board of the HKEx, and the relevant listing documents had been issued. Wei came to adopt.
On May 4, 2022, the Securities and Exchange Regulatory Commission (SEC) added 88 Chinese stocks to the "pre-picked" list, including Huaneng International, Aluminum Corporation of China, bilibili, pinduoduo, 36 Krypton, Tencent Music, Ctrip, Xiaopeng Automobile, JD.com, China Mobile,
Today, ideal Motor is officially listed on the Hong Kong Stock Exchange under the symbol "HK2015". This is also the second "new car-building force" after Xiaopeng Motor. Ideal Motor was issued at a price of HK $118,000,000 per share, raising a net amount of HK $11.6 billion. The share price was flat and then broke today, falling 0.59 per cent to HK $117.3 as of 10:30, with a latest market capitalization of HK $240.682 billion. For this listing, ideal Motors said: "this listing on the Hong Kong Stock Exchange and the global offering has strategically broadened our capital channels, expanded our investor base, and further enhanced our expansion."
On July 7, Xiaopeng Motor officially listed on the main board of the Stock Exchange of Hong Kong under the ticker "9868" and issued at a price of HK $165.It became the first new car-building force to be listed on the Hong Kong Stock Exchange. From a market point of view, Xiaopeng Motor Hong Kong shares opened up 1.82 per cent, then fluctuated all the way down to HK $159.3 per share, up 0 per cent as of today's close. The total market capitalization is 279.1 billion Hong Kong dollars, surpassing traditional car companies such as Geely Motor and Great Wall Motor. Data show that Xiaopeng Automobile, founded in 2014, is a mutual company of Guangzhou Orange Line Zhi Zhi Automotive Technology Co., Ltd.
According to Bloomberg, the listing of Xilai Motor in Hong Kong may be postponed until next year. According to people familiar with the matter, it is "unlikely to land on the Hong Kong Stock Exchange" before 2022, mainly because it was questioned about its structure by the Hong Kong Stock Exchange. the inquiry included a user trust fund set up by the company in 2019. It is understood that in 2018, Weilai went to the New York Stock Exchange and listed on the New York Stock Exchange. Li Bin, CEO of Lailai, said in an open letter that after long consideration, he would transfer 1/3 of his shares, that is, 50 million shares, to the trust fund.
Zero-running cars issued an announcement on the Hong Kong Stock Exchange on September 20, 2022, and trading is expected to begin on the Stock Exchange under the symbol 9863. The number of Hong Kong IPO global offering shares is 130.8 million shares, each priced between HK $48 and HK $62, with a ceiling price of HK $62 (about 5%).
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.
Meituan founder and CEO Wang Xing recently high-frequency "withdrawal" from the ideal car attracted industry attention. Wang Xing, a non-executive director of ideal Motor and co-founder of Meituan, reduced his stake in ideal Motor Hong Kong shares on March 28, the ninth reduction since March this year, according to documents disclosed by the Hong Kong Stock Exchange on April 3. Hong Kong diplomatic relations
According to Caijing Automotive and Sina Technology, Xilai is considering a secondary listing in Singapore. Xilai is considering a second listing in Singapore as early as this year, while plans to list in Hong Kong also face regulatory scrutiny, according to people familiar with the matter. In response to the above news, Xilai Automobile official said: the company does not respond to market rumors. In fact, as early as March 2021, there were media reports that the "three car-making brothers", Ullai Motors, ideal Motors, and Xiaopeng Motors, would return to Hong Kong for listing. After that, on July 7, 2021, Xiaopeng Motor listed on the main board of the Stock Exchange of Hong Kong, realizing the dual listing of Hong Kong stocks and US stocks.
According to HKEx filings, the ideal car will start trading on the Stock Exchange at 09:00 (Hong Kong time) on August 12. 100m shares will be issued through Hong Kong IPO, with a maximum offering price of HK $150m per share. Ideal Motors said it plans to use Hong Kong IPO funding to develop high-power rechargeable battery-powered vehicle technologies, platforms and future models, smart and self-driving technologies, as well as future models of add-on electric vehicles; expand production capacity, open stores, deliver service centers, open high-power charging networks, marketing; and working capital and other general corporate uses. As of.
Recently, the ideal car is not ideal. In a short period of more than three months, the Hong Kong stock price of ideal Automobile has plummeted, falling by more than half. As of today's close, ideal Motor Hong Kong shares were trading at HK $81.20, with a total market capitalization of HK $165.1 billion. The market capitalization is the same as the highest total market capitalization of Hong Kong stocks of 344.65 billion Hong Kong dollars in June.
According to the HKEx today, ideal Motor was heard through the HKEx, with Goldman Sachs and CICC as co-sponsors and UBS as financial advisors. Ideal car will seek to apply for dual major listing as issuers with different voting structures. According to the prospectus, the latest shareholding of ideal Automobile is disclosed, in which Li Xiang, chairman and CEO of ideal Automobile, holds 23.79% of the shares, with a voting right of up to 75.74%, 13.23% of the shares, 4.21% of the voting rights, 6.76% of the shares held by Wang Xing, 2.15% of the voting rights, 4.46% of the shares held by Fan Zheng and 1.42% of the voting rights. According to the prospectus,.
Xiaopeng Motor has been approved by the Hong Kong Stock Exchange to go public and plans to raise $2 billion (13 billion yuan), Bloomberg reported. In response to the market news, Xiaopeng responded to the media: official news shall prevail and will not comment. In early March, media reported that Xiaopeng was working with Bank of America (BofA) and JP Morgan on listing plans, while ideal was working with Goldman Sachs (GS) and UBS (UBS), which are expected to complete their listings as early as the third quarter of this year, raising about $1 billion to $2 billion.
Recently, ideal Motors announced that the final offer price for both its Hong Kong IPO international offering and the Hong Kong public offering is HK $118 per share, which is lower than the expected maximum offering price of HK $150 per share. Based on its total global offering of 100m Class A common shares, the net proceeds from the global offering (after deducting underwriting fees, commissions and estimated offering fees) are expected to be about HK $11.6 billion. However, the news failed to drive up ideal car's share price. On august 6th, u.s. stocks of ideal cars closed at $30.05, down 3.19%, with a total market capitalization of $29.6 billion. Judging from the new situation of subscription, investment.
On May 6, Xilai issued an announcement announcing that it had obtained a conditional listing qualification letter from the Singapore Stock Exchange for a secondary listing on the main board and would issue listing documents this month. According to the announcement, Weilai will introduce the listing, which does not involve the issuance of new shares and fund-raising. The Class A shares listed on the Singapore Exchange can
The troubled Weimar finally ushered in a new turnaround. On January 12, Hong Kong listed company Apollo Wisdom announced on the Hong Kong Stock Exchange that the company had completed a strategic merger with Weimar Motor on January 11, and the company would acquire Weiwei for US $2.02 billion (about 13.696 billion yuan).
After several twists and turns, Weilai will finally be listed in Hong Kong. On February 28, Ulai issued a notice announcing that it had passed the hearing of the HKEx and obtained the approval in principle of the secondary listing on the main board of the HKEx, and the relevant listing documents had been issued. Weilai uses an introduction to the listing, with Morgan Stanley, Credit Suisse and China International Capital Corporation as co-sponsors and plans to start trading under the ticker symbol "9866" on March 10. Shares listed on the main board of the Stock Exchange will be fully interchangeable with ADS, which is listed on the New York Stock Exchange. At this point, "Wei Xiaoli" three new power car companies once again gathered in Hong Kong. It is worth mentioning that it is different from Xiaopeng and ideal.
Evergrande Group's capital problems are simmering, and it is urgent to sell assets to get back the funds. On October 4, Hong Kong stocks China Evergrande and Evergrande property announced the suspension of trading, Evergrande Motor normal trading. At noon, China Evergrande announced that it was waiting for the company to issue a transaction announcement on matters to be disclosed, and Evergrande property issued an announcement, waiting for the company to issue an announcement that it makes and constitutes inside information and may make a full offer for shares in the company in accordance with the Code on Takeovers and mergers of Hong Kong companies. In addition, the real estate listed company Hesheng Chuangzhang is also trading by the daily limit, which is the same as the transaction of the company to be published (the acquisition of shares in a company listed on the Stock Exchange).
Shen Yanan, executive director and president of ideal Motor, sold 600000 shares of ideal Motor Hong Kong shares at an average price of US $13.125, according to documents disclosed by the Hong Kong Stock Exchange on Sept. 9. Based on this calculation, Shen Yanan cashed out 7.875 million US dollars (about 54.54 million yuan) this time. After this sale, Shen
Heavy! The National Development and Reform Commission plans to relax car purchase restrictions and increase license plate indicators in an all-round way
China's car sales continue to decline and the trend of car consumption is gradually declining. in such an environment, the National Development and Reform Commission is expected to guide further liberalization of the purchase restriction policy and comprehensively encourage automobile consumption. According to the online documents, the National Development and Reform Commission issued the implementation Plan for promoting the Renewal of consumption of Automobile, Home Appliances and Consumer Electronics to promote the Development of Circular economy (2019-2020), which plans to further expand the consumer market such as automobiles, promote the development of circular economy, and deepen supply-side structural reform. The document also describes in detail the specific implementation plan, and there are nine supporting regulations in the automotive field. The most important of these is the purchase restriction city.
2019-04-17 17:36:07Details
All of a sudden! A Tesla in Dongguan was suspected of getting out of control and crashed into multiple cars and destroyed the shop door.
A # Tesla suspected of getting out of control and crashing into multiple cars crashed into the store door # news quickly rushed to the hot search list of Weibo. According to electric shock news and other media reports, on March 4, a Tesla was suspected to be out of control in a traffic accident in Chigang, Humen, Dongguan, Guangdong. After crashing into a BMW, he crushed a Toyota under the car and ended up with a shop facing the street.
2023-03-04 16:56:32Details
The latest delivery list of new forces, Wei Xiaoli dropped by double digits compared with the previous month.
On August 1, the new power brands NIO, Xiaopeng, ideal, Nezha and Zero announced the latest monthly delivery results. According to the ranking of the "Tramway report", the delivery volume of mainstream new power brands was more than 10,000 in July, of which the best performance was Nashi, with 14036 cars, followed by zero-running cars.
2022-08-02 10:28:37Details
Another independent brand was born. Hanlong's first model is "domestic range Rover"?
The Zhongtai version of the "domestic range Rover" has been published for nearly two years since the real car was exposed, and there has been no news of mass production and listing. Now the car has finally been officially unveiled, but it will not be launched as the infamous Zhongtai Motors. It belongs to the new brand "Hanlong Automobile". Hubei Daye Hanlong Automobile Co., Ltd. was established in January 2016 and is headquartered in Daye City, Hubei Province, according to official data. It is a modern new energy automobile parts manufacturing enterprise integrating new energy vehicle design, development, manufacturing, sales and after-sales service. it is also a professional system of automobile engine products, spare parts supporting system products and automobile maintenance.
2019-08-29 11:29:05Details
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