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FAW Group Corporation (FAW Group) and China Southern Airlines signed a strategic agreement in Guangzhou on August 13 to jointly explore new business models in such areas as mobility and marketing.
Aug. 15 , 2018
HSBC Securities recently lowered the earnings per share forecast from year 2018-2020 of Great Wall Motor by 11-16%, as the firm’s weak sales in July made HSBC Securities not optimistic about the sales status in the second half of this year.
Aug. 15 , 2018
Evergrande Health Industry Group Limited (Evergrande Health) announced on August 14 that Faraday Future (FF) has set up its operating headquarters in China on the same day.
Aug. 14 , 2018
In the wake of the exposure of NIO’s prospectus submitted to the U.S. Securities and Exchange Commission (SEC), NIO’s new model plan, which has at least five new models covering SUV, sedan and MPV, was also revealed by media.
Aug. 14 , 2018
Caocao Zhuanche, a ride-hailing platform backed by Zhejiang Geely Holding Group, plans to raise up to RMB3 billion in a new round of financing, at a valuation of around $3 billion, according to people with direct knowledge of the plan.
Aug. 14 , 2018
Chinese hybrid power system supplier Hunan Corun New Energy Co., Ltd (Corun) announced on July 13 that the company plans to acquire a 36.97% stake in CHS Company, which is jointly held by Geely Holding and Shanghai Maple.
Aug. 14 , 2018