Articles from Caixin Global, Caixin Global

Caixin Global

Articles from Caixin Global

Caixin is a media group dedicated to providing financial and business news through periodicals, online content, mobile apps, conferences, books and TV/video programs. Caixin aims to blaze a trail that helps traditional media prosper in the new media age through integrated multimedia platforms.

News from Caixin

Equity Bottom-Up

WM Motor Technology Co Ltd / Equity Bottom-Up

<ul><li>Troubled Chinese electric-vehicle startup WM Motor Holdings Ltd.’s hopes of a business turnaround were dashed as a white knight investor bailed out of a $2.02 billion takeover.</li><li>Hong Kong-traded Apollo Future Mobility Group Ltd. Friday dropped its planned acquisition of WM and said a related share placement plan will no longer proceed.</li><li>The deal, announced in January, was seen as a survival move for embattled WM as it was intended to float the EV maker in Hong Kong through a backdoor listing.</li></ul>

Troubled Chinese electric-vehicle startup WM Motor Holdings Ltd.’s hopes of a business turnaround were dashed as a white knight investor bailed out of a $2.02 billion takeover.Hong Kong-traded Apollo Future Mobility Group Ltd. Friday dropped its planned acquisition of WM and said a related share placement plan will no longer proceed.The deal, announced in January, was seen as a survival move for embattled WM as it was intended to float the EV maker in Hong Kong through a backdoor listing.

WM Revival Hopes Dashed as Investor Abandons $2.02 Billion Rescue

Cross Asset Strategy

<ul>
<li>Insurers /In Depth: The slow-burning insurance crisis unfolding in the shadows</li>
<li>Tax /: China’s nationwide property tax plan set for further delay</li>
<li>Housing /: Beijing district scraps price limits on pre-owned homes</li>
</ul>


Insurers /In Depth: The slow-burning insurance crisis unfolding in the shadows
Tax /: China’s nationwide property tax plan set for further delay
Housing /: Beijing district scraps price limits on pre-owned homes


CX Daily: The Slow-Burning Insurance Crisis Unfolding in the Shadows

Hong Kong

Apollo Future Mobility Group Limited provides smart mobility solutions. The Company offers luxury mobility by focusing on user-centricity and future technologies through in-house capabilities and strategic partnerships. Apollo Future Mobility Group serves clients in Hong Kong.

Apollo Future Mobility Group L (860 HK)

WM Revival Hopes Dashed as Investor Abandons $2.02 Billion Rescue

Troubled Chinese electric-vehicle startup WM Motor Holdings Ltd.’s hopes of a business turnaround were dashed as a white knight investor bailed...

Caixin Global

CX Daily: The Slow-Burning Insurance Crisis Unfolding in the Shadows

Insurers /In Depth: The slow-burning insurance crisis unfolding in the shadows Tax /: China’s nationwide property tax plan set for further...

Caixin Global