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Chinese EV brand Zeekr files for U.S. IPO
December 13, 2022 1:52 PM ESTChina's Geely Automobile Holdings Ltd announced Tuesday that the companys electric car brand, Zeekr, has confidentially filed for a U.S. initial public offering, in what would be the first major Chinese listing in the country in nearly two years.
Reuters on Monday exclusively reported that Zeekr was... More
HSBC remains bullish on XPeng (XPEV): Cuts price target to $15
December 13, 2022 7:47 AM ESTShares of XPeng (NYSE: XPEV) are up 0.86% in pre-market trading on Tuesday after HSBC Global Research reiterated a buy rating and cut their price target on the stock to $15.00 (From $34.00). Analyst, Yuqian Ding cut 2022-24e net profit estimates mainly to reflect lower revenue... More
