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U.S. Vice President Vance said on the Iran deal the U.S. will not provide Iran a single penny of U.S. funds.

2026-06-16

U.S. Vice President Vance said on the Iran deal the U.S. will not provide Iran a single penny of U.S. funds.

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2026-06-16

Xiaohongshu has hired investment banks including Goldman Sachs and China International Capital Co to advise on a potential Hong Kong IPO, though target proceeds and IPO valuation are unclear. Two people said private secondary trades at the end of las

Xiaohongshu has hired investment banks including Goldman Sachs and China International Capital Co to advise on a potential Hong Kong IPO, though target proceeds and IPO valuation are unclear. Two people said private secondary trades at the end of last year Xiaohongshu was valued at about $50 billion. Bloomberg reported the company is preparing to confidentially file a Hong Kong listing application by end-June. Monthly active users have exceeded 400 million since 2025, and sources said 2026 profit could reach roughly $3 billion.
2026-06-16

Rising competition and higher supply‑chain costs have pushed Hongmeng Zhixing to diversify power‑battery sourcing beyond CATL, sources said. AITO (Wenjie), long single‑sourced to CATL, will add second‑tier suppliers Zhongchuang Xinhang and Gotion; th

Rising competition and higher supply‑chain costs have pushed Hongmeng Zhixing to diversify power‑battery sourcing beyond CATL, sources said. AITO (Wenjie), long single‑sourced to CATL, will add second‑tier suppliers Zhongchuang Xinhang and Gotion; the AITO M6 has been slated to use Gotion’s 81 kWh battery pack. Sources said Gotion received an allocation notice from Hongmeng Zhixing last year and Zhongchuang Xinhang will join AITO’s supplier roster.
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