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Shanghai stock exchange probes Zhejiang King after its public listing halt

The Shanghai Stock Exchange said it will probe Zhejiang King Co Ltd after the Chinese maker of air conditioners halted its initial public offering (IPO) amid media reports about alleged issues such as the overpricing of shares. The probe comes as China's securities regulators have tightened their scrutiny of IPOs and slowed the pace of share sales as part of efforts to revitalise a flagging stock market. Zhejiang King on Saturday said it will suspend the new share subscription procedure initially scheduled on Monday because of the media reports, without specifying the nature of those reports.

Zhejiang kingRoxanne liuChristian schmollingerZhejiang king co ltdShanghai stock exchangeChina securities index coRyan wooZhejiang king co ltdMedia reportsAir conditionersInitial public offering

Tesla s China-made EV sales volume fall 10 9% y/y in Sept

U.S. automaker Tesla sold 74,073 China-made electric vehicles in September, a 10.9% decrease from a year earlier, showed data from the China Passenger Car Association on Sunday. Sales.

Zhang yanRoxanne liuToby chopraChina passenger car associationChina made modelRyan woo

Tesla s China-made EV sales volume falls 10 9% year-on-year in Sept

U.S. automaker Tesla sold 74,073 China-made electric vehicles (EVs) in September, a 10.9% decrease from a year earlier, showed data from the China Passenger Car Association (CPCA) on Sunday. Tesla, along with its China challengers, is bracing for a revival in consumer sentiment, buoyed by deeper discounts and tax breaks for green vehicles amid signs of the economy stabilising. The U.S. automaker, which ships more China-made cars for exports at the beginning of each quarter while focusing on domestic deliveries at the end, almost doubled its China EV share from July to August.

Zhang yanQiaoyi liBrenda gohRoxanne liuToby chopraChina passenger car associationEuropean commissionChina made modelElectric vehicles

China National Chemical Engineering Co unit in 8 4 bln euro Russian deal

China National Chemical Engineering Co Ltd said on Sunday a wholly-owned subsidiary signed an 8.4 billion euro engineering and construction contract for a chemical project in Russia. .

Baltic seaOceans generalRoxanne liuElaine hardcastleChina national chemical engineering co ltdChina national chemical engineering group corporation ltdNational chemical engineering co ltdChina national chemical engineeringConstruction corporation seven ltdRyan woo

Tencent-backed AI chip startup Enflame raises $2 7 billion from state-linked investors, others

Tencent-backed AI chip startup Enflame raises $2 7 billion from state-linked investors, others
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