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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
On May 20, Weilai listed on the main board of the Stock Exchange of Singapore Limited (SGX-ST) under the ticker "Weilai" with an opening price of US $16.90. By the end of the day, Xilai (SGX) closed up% to US dollars, with a total market capitalization of US $100 million. According to data, Weilai was founded in 2014.
It can be said that earth-shaking changes have taken place in 2019 compared with that in 2020. When Weilai suffered huge losses in 2019, founder Li Bin was named "the worst person in 2019", and netizens once commented "as early as this year and as late as next year". However, after entering 2020, even under the epidemic and market competition, Weilai's sales and stock prices continued to grow, handing over a completely different answer. Looking back in 2019, the company was in a financial emergency, and its share price plummeted under the influence of negative news such as product spontaneous combustion, layoffs and executive departures. In 2019, 10.
After a rare seven consecutive falls in the stock price of Xilai, it finally rebounded and surged by more than 20% to close at $159. As the head of the new car-building power in China, Weilai Automobile has attracted much attention. The u.s. stock market closed down sharply on Wednesday, with the Dow down nearly 500 points, while Chinese stocks were mixed, with Weilai rising 20.45% against the trend. As audience analysts were bearish, Robin Zhu, an analyst at investment firm Bernstein, took the lead in cutting the target price of Lulai by nearly 50% to 90 cents. And the second-quarter results released by Ulai show that 2019.
U. S. stocks closed down sharply at 16:00 est, wiping more than $700 billion off the market value. The new car-building force that has attracted much attention in the automobile field, Xilai Motors, also fell significantly. As of the close, Lulai Motor was trading at US $2.95, and its share price fell-9.79% in a single day. Before the opening of US stocks on that day, Xilai announced its plan to "cut expenditure" because of continued losses and difficulties. According to a number of former employees of Xilai Automobile, the company is laying off staff one after another. One of the former employees said he had just over 8400 employees at the end of July. Then, Weilai.
On the evening of May 13, Xilai released the supplementary documents for the second listing of the Singapore Stock Exchange and disclosed the latest financial information of the company. As of February 28, 2022, Lai Motor has cash and cash equivalents, restricted cash and short-term investments totaling 52.65 billion yuan. In addition, the Weilai car can be called
Shares of NIO continued to fall to an all-time low of $1.56 at the close of trading on Oct. 1, with a total market capitalization of just $1.639 billion. The share price of Weilai has fallen nearly 50% from its closing price of 3.04 on Sept. 20, and the total market value has lost more than $1.5 billion in ten days. On September 13, 2018, Xilai Motor listed on the New York Stock Exchange, becoming the first Chinese electric vehicle to be listed in the United States under the symbol NIO, with an offering price of US $6.26 per share and a total market capitalization of US $6.313 billion. The share price of Weilai soared after the IPO, reaching as high as $13.8 a share. However, the year of listing.
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.
The automobile industry has ushered in a historic moment. The market capitalization of the newly built car company "Lulai Automobile", which has been established only five years ago, has surpassed BYD to become the most valuable car company in China. On Nov. 27, U. S. stocks closed at $54, bringing the total market capitalization to $72.84 billion (479.7 billion yuan). You know, the share price of Weilai fell to more than $1 last year, and now it has become the most eye-catching carmaker except Tesla. Meanwhile, BYD shares fell after opening on Nov. 30, down 1.55% in intraday trading, with a total market capitalization of 467.631 billion yuan. Therefore, the current market capitalization of Weilai.
Since entered 2020, under the environment of improving sales and performance, the share price of Xilai Motor has continued to climb. By yesterday, the latest closing price of US stocks rose 19.17% to 20.44 yuan, with a market capitalization of US $24.2 billion, setting a new all-time high.
Weilai shares fell sharply after listing on the New York Stock Exchange. Us stocks closed yesterday, and Weilai shares continued to fall, falling more than 6 per cent, closing at $4.45, setting a new low since listing. Within a month, the share price of Xilai reached a peak of $10.64. In the highly competitive market environment, Weilai early delivered an unsatisfactory financial report, low delivery volume and serious performance losses, resulting in a certain impact on the stock price. In the face of the decline of national policy subsidies for new energy vehicles, new energy vehicle enterprises are facing operating pressure and market tests, especially the new forces of car-building, have not yet found room for profit.
After the announcement of the second-quarter results, the share price of Lulai Motor fell sharply to close at $2.17 today. Affected by a loss of 3.285 billion in the second quarter, the market slumped today and hit a record low of $1.97. for unknown reasons, Xilai announced the cancellation of the scheduled earnings call, saying that more news would be released in the form of announcements, which was very rare after the financial reports of listed companies were released, which was generally questioned by the market reaction. This morning, Xilai Motor again decided to announce that it would hold a conference call on second-quarter results at 20:00 Beijing time. At the time of this release, the conference call was being held, followed by some transcripts. The second quarter results show.
A rumor triggered a sharp change in the share price of Weilai. On the evening of Sept. 25, it was rumored that Xilai was considering raising about $3 billion (21.9 billion yuan) because of widening losses and had contacted investors from the Middle East. Financing is likely to take place in the first half of next year and negotiations are still under way. Receive
After a huge loss, the company continued to expand, and officials announced the opening of nine more stores during the National Day holiday, including one NIO House and eight NIO Space. NIO Space has a smaller scale and less investment than NIO House, and its main function is to sell cars. NIO House has a huge investment and is laid out in the core business district of first-tier cities, while NIO Space is mainly concentrated in small and medium-sized cities, expanding the sales channels of Weilai. It is understood that the area of NIO Space is smaller, most of the individual store area is 100-200m2, and the cost is lower.
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.
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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.
As of March 7, US Eastern time, shares of Xilai Motor fell to $7.09, down 11.49% from the previous trading day and 30.22% in two days. The continuous decline in share prices is related to the results announced earlier by Xilai. According to the latest financial report from Xilai, the net loss of Weilai reached 9.639 billion yuan in 2018, and the delivery of new ES8 cars will also decline in the first quarter. According to Xilai, ES8 deliveries from January to February 2019 were 1805 and 811, respectively, and it is expected to deliver between 3500 and 3800 in the first quarter. In addition, its revenue will decline in the first quarter.
After the announcement of its second-quarter results, Ulay's shares fell sharply, closing at US $2.17 today. Affected by a 3.285 billion loss in the second quarter, the market slumped to an all-time low today, and then announced that it would cancel the scheduled earnings call. According to the second-quarter results, Lulai Motor achieved revenue of 1.508 billion yuan in the second quarter, higher than the market expectation of 1.309 billion yuan. In the second quarter, the net loss attributed to shareholders was 3.285 billion yuan, higher than the market expectation of 2.944 billion yuan, compared with a loss of 6.11 billion yuan in the same period last year. In the first half of 2019, Weilai made a cumulative loss of 5.9086 billion yuan.
From Jianghuai "OEM" to now the two sides jointly set up a joint venture, which is dominated by Jianghuai Automobile, which means that the two sides will become "partners" in a new direction.
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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