Tesla (NASDAQ:TSLA), meanwhile, said it plans to build a large new battery facility in Shanghai but also announced price cuts across all four model lines in the U.S., the fifth since the turn of the ... ( read original story ...)
Chinese stock market issues first batch of registration-based IPOs
The first batch of 10 enterprises launching registration-based initial public offerings (IPOs) all saw their stock prices surging on the first trading day. On Monday, 10 companies became the first to list on the main boards of the Shanghai and Shenzhen bourses under the registration-based IPO system. ( read original story ...)
Tesla stock tumbles 5% after the EV maker cuts prices again
Elon Musk's car company surged 68% in the first quarter of the year, though it has tumbled 14% so far in April. ( read original story ...)
2nd LD-Writethru-China Focus: First batch of registration-based IPOs start trading on main boards of Shanghai, Shenzhen bourses
The first batch of 10 shares under China's registration-based initial public offering (IPO) system started trading Monday on the main boards of the Shanghai and Shenzhen stock exchanges. The move ... ( read original story ...)
Alleged Failure to Disclose Financial Projects Leads to Stockholder Class Action
Catalyst Biosciences and members of its board were hit with a stockholder class action Thursday in Delaware Court of Chancery in connection with asset purchase and business combination agreements with ... ( read original story ...)
Ether Capital CEO: Shanghai Upgrade Likely to Be a ‘Non-Event’ on ETH’s Price
Ethereum ’s upcoming Shanghai hard fork likely won’t drastically affect the price of ether ( ETH ), said Brian Mosoff, CEO of technology company Ether Capital. ( read original story ...)
Tesla Shanghai factory to produce megapack batteries, Elon Musk says
Tesla plans to build a factory in Shanghai to produce its large-scale batteries, the electric car maker announced Sunday. The company said the plant in China would be able to produce 10,000 Megapack power-storage units a year. Tesla's Megapacks are giant ... ( read original story ...)