Lithium mining giant Tianqi Lithium was listed on the Hong Kong Stock Exchange on July 13. Its stock fell as much as 11%, hitting a low of HK$ 72.65 ($9.25). The closing price sat at HK$128.6, with a total market value of HK$211.1 billion.
Chinese mining firm Tianqi Lithium seeks to pass a listing hearing for the Hong Kong Stock Exchange (HKEx) on Thursday, to raise between $1 billion and $1.5 billion.
Chinese lithium miner Tianqi Lithium's application for a Hong Kong listing has been approved by the China Securities Regulatory Commission. Subsequently, rumors have emerged that Tesla will participate in the IPO subscription of the company.
A BYD Tang was sighted in the parking lot of Chrysler’s headquarters in Auburn Hills, Michigan in June. Chrysler purchased the vehicle as a reference for its forthcoming 2018 Jeep Cherokee. A US automaker was ‘learning’ from BYD Tang’s experience.