To The Moon

Shares of both Li Auto and Xpeng are up almost 5% in pre-open Monday after the latest data showed strong delivery numbers for both companies in July.Li Auto delivered 8,589 Li One units for July to mark a new monthly record for the company. Similarly, Xpeng said it delivered 8,040 vehicles, with 75% of this figure involving deliveries of the P7 sedan.On the other hand, Nio said it delivered 7,931 vehicles in July, which is slightly lower than 8,083 unit deliveries reported for June. Shares of

HONG KONG (Reuters) - Weibo Corp chairman Charles Chao and a state investor are in talks to take the

The market for initial public offerings has recently delivered some great first-day gains for investors who were able to get shares before the companies went public.That left us with 11 names. First up:CureVac, which was the screen’s best-performing IPO and had a total return of 596.75%. CureVac specializes in the messenger RNA, or mRNA, technology that is the basis of several leading Covid-19 vaccine programs. The German biotech company went public inAugust at $16 a shareand soared 249% in its

BEIJING, May 26 - China's electric vehicle maker Li Auto expects sales to reach 10,000 cars a month from September and will expand its sales network, executives said on Wednesday.Li Auto President Shen Yanan said Li Auto, which has only $one$ model, expects monthly sales of its facelifted Li ONE extended-range electric sport-utility vehicle model to nearly double by September. It sold 5,539 cars in April.Shen said the firm would expand its sales network and continue to use a direct-sales mod