The week in review: Geely withdraws Star IPO plan

In this round-up, China’s industrial profit growth moderates in May, Geely Automobile Holdings will not pursue a planned listing on the Star market in Shanghai, and Beijing approves the first onshore ... ( read original story ...)

Nio Stock Extends Rally: What’s Going On?

Shares of Chinese electric vehicle maker Nio Inc. (NYSE: NIO) closed almost 2% higher in the regular session on Tuesday, extending its rally from the previous session. What Happened: Nio’s shares rose ... ( read original story ...)