Report by US-China Economic and Security Review Commission finds the value of roughly 256 Chinese companies on US markets slid 17.5 per cent from 2022.
Once a license to print money, Chinese initial public offerings have been tarnished by opaque finances, scandals and Didi Global’s sudden NYSE delisting in 2022.
VinFast s historic Nasdaq listing saw a surge in billionaire Pham Nhat Vuong s net worth, propelling him onto the list of the world s top 30 billionaires.
Southeast Asia s electric vehicle (EV) sector, led by both foreign and local manufacturers such as Wuling, Volvo, and VinFast, is poised for significant growth, with a rising demand for supporting infrastructure, increasing investments, government incentives, and a potential leadership role in the global lithium-ion battery supply chain.