Xpeng: Surprise Price Cut Weighs on Sentiment, but Share Price Likely Bottomed
Xpeng announced price cuts on existing G3i, P5 and P7, which surprised the market on negative side, potentially indicating weaker demand and...
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CX Daily: Lithium Tops Out
In Depth: Lithium tops out. ‘China’s door to the outside will only open wider,’ Vice Premier Liu He says. Charts of the Day: China’s FDI growth...
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LG Energy IPO Lock-Up - Last of the Lockups at US$3bn
LG Energy Solution (373220 KS) raised US$10.8bn in its South Korea IPO, after pricing at the top-end of the IPO price range. Its one-year lockup...
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WM Motor Reverse Merger and Placement - The US$2bn Merger and US$500m Planned Placement
On 11th Jan 2023, WM Motor Technology Co Ltd announced its intention to merge with Apollo Future Mobility (860 HK) . In this note, we talk about...
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China EV: Challenges from Tesla Price Cuts
We believe Tesla's aggressive price cuts indicate demand in China’s auto demand might be much weaker than expected until Covid impact is eased
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