The initial public offering in December 2020 raised more than HKD 1.4 billion for Vesync. The firm is in a net cash position as at the end of 2024. It has an asset-light business model with low ...

NIO said in a WeChat post on Tuesday that it signed a strategic partnership agreement with CATL to develop a battery-swapping network for passenger cars. CATL is working on a 2.5 billion yuan ...

Confidence is framed as a good thing when it comes to the economy, but it's a signal of impending stock market weakness when unusually high.

Ahead of Germany's fiscal package vote, Goldman Sachs strategists said expectations of more fiscal spending also lifted German 10-year rates to the top of their range since 2011, driven not only by ...

Guess Inc.'s stock soared 30% on Monday after the maker of clothing, footwear and accessories said it received an offer from New York-based investment company WHP Global to take it private for $13 a ...

The gains came after Li Auto unveiled its new vision-language-action autonomous-driving system dubbed Mind VLA, which will help facilitate advanced driver-assistance features such as identifying store ...

China Resources Beer declared a final dividend of CNY0.387 a share, bringing the overall 2024 payout to CNY0.76 a share, compared with CNY0.936/share in 2023.

Wells Fargo & Co. on Monday said that regulators had terminated a 2021 enforcement order related to loss-mitigation issues in its home-lending business, marking the latest such order to be lifted from ...

The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, bolstered by strong air travel demand and road mobility. Natural gas remains by ...

BYD unveiled its new charging technology, which it said is capable of providing 400 kilometers of range in five minutes of charging time, the company said late Monday. That means users can charge ...

Shares in WuXi AppTec rose sharply after the Chinese biotechnology company proposed a special dividend and share buyback following weaker annual results. The company's shares in Hong Kong climbed as ...

New Hope offers exposure to global energy demand via increasing thermal coal production at a time when many other miners are winding down or selling their thermal coal assets. The strategy relies on ...