The new plant will strengthen the electric-vehicle company's operations in the country, and CEO Elon Musk said the facility would supplement the output of its Megapack factory in California. ( read original story ...)
First batch of IPOs under new China listings rules surge on debut
We’ll send you a myFT Daily Digest email rounding up the latest IPOs news every morning. Shares in a number of Chinese companies soared more than 100 per cent on Monday, as the first batch of initial ... ( read original story ...)
Shanghai securities firms sponsor IPOs of 111 companies
The figures were released during a regional supervision work conference held by the Shanghai securities regulatory bureau on April 7. These local securities firms generated 390 million yuan in income ... ( read original story ...)
China’s IPO stocks surge by at least 48 per cent in busiest day of market debuts since November 2021
Five companies including Citic Metal started trading in Shanghai, while Shaanxi Energy and four others debuted in Shenzhen New registration-based system evaluates IPO applications on the quality of ... ( read original story ...)
Tesla to build Megapack battery plant in Shanghai
The US electric car pioneer will manufacture its Megapack large-scale energy-storage unit in the new facility, which adds to its factory for EVs in Shanghai. The company led by Elon Musk, who is said ... ( read original story ...)
Tesla planning new Shanghai battery factory despite rising U.S.-China tensions
New manufacturing projects by the auto-maker and France’s Airbus SE give a boost to Chinese industry as other firms like Apple Inc. rethink production in the nation. ( read original story ...)
Tesla to open battery factory in Shanghai as China seeks foreign investment
Elon Musk, Tesla’s CEO, said the factory will supplement another in California. The batteries are touted as a solution to avoid outages and stabilize power grids. ( read original story ...)