Chinese property developer Country Garden Holdings said on Tuesday it plans to sell HK$3.92 billion ($500 million) worth of shares in a share placement, raising capital to refinance existing offshore indebtedness and for general working capital. The Guangdong-based company plans to sell 1.463 billion shares, representing 5.66% of the enlarged share capital, to third-party investors at HK$2.68 apiece, it said in a filing to the Hong Kong bourse. The issue price represents a… Continue reading China’s Country Garden plans $500m share placement
Category: Automotive
Data Vantage: Red Dot Payment, TabSquare, ADDX bag new funding and other updates
Singapore-headquartered online payment company Red Dot Payment allotted shares worth $4 million to its biggest shareholder PayU, the fintech arm of Naspers, last week. The latest investment follows a similar capital injection in March this year by PayU, which now holds an over 73% stake in the startup. Red Dot shares were priced 35.2% lower… Continue reading Data Vantage: Red Dot Payment, TabSquare, ADDX bag new funding and other updates
Clean Technica: Did Elon Musk Revive Hopes For A $25,000 Tesla?002374
CEO Elon Musk has gone back and forth on the creation of a $25,000 Tesla, seemingly putting an end to those plans earlier this year. However, his statements about a new car platform from the company’s last earnings call have aroused fresh suspicion that plans for a more affordable Tesla could already be underway. Tesla… Continue reading Clean Technica: Did Elon Musk Revive Hopes For A $25,000 Tesla?002374
Clean Technica: EVgo Offers New Autocharge+ “Tesla Plus Promo” For Tesla Drivers002373
EVgo has announced that Autocharge+ will be available to Tesla drivers equipped with the CCS Combo 1 Adapter at nearly all EVgo DC fast charging locations. The new promotion by EVgo is exclusively for Tesla owners who own the Tesla Model S, 3, X, or Y electric vehicle. EVgo operates one of the nation’s largest… Continue reading Clean Technica: EVgo Offers New Autocharge+ “Tesla Plus Promo” For Tesla Drivers002373
This Strongly Appears To Be Alameda CEO Caroline Ellison’s Tumblr Account
The implosion of the crypto exchange FTX has been garnering headlines all weekend, but we’re just beginning to unravel the mystery of one of the biggest personalities at the center of it all. While FTX founder CEO Sam Bankman-Fried has been gobbling up the majority of the attention in the ongoing debacle, Caroline Ellison —… Continue reading This Strongly Appears To Be Alameda CEO Caroline Ellison’s Tumblr Account
The FTX Collapse Is So Egregious That Even the Bahamas Are Investigating
They’re investigating to see “if any criminal misconduct occurred.” Gotta Be Bad There are few things that very wealthy people can do to get in trouble in the crypto-friendly tax haven that is the Bahamas — but disgraced FTX figurehead Sam Bankman-Fried has pulled it off. Multiple reports claim that in addition to an SEC… Continue reading The FTX Collapse Is So Egregious That Even the Bahamas Are Investigating
Sad Elon Musk Says He’s Overwhelmed In Strange Interview After the Power Went Out
SpaceX and Tesla CEO Elon Musk was already stretched pretty thin before he bought Twitter. Back in 2018, Musk famously slept on the couch at Tesla’s factory in Fremont, a purported attempt to turn the company around during a time of crisis. And Twitter, as expected, is turning into a major nightmare as well. That… Continue reading Sad Elon Musk Says He’s Overwhelmed In Strange Interview After the Power Went Out
Xinhua Silk Road: E. China’s Changzhou ranks 5th in 2022 Hurun China New Energy Intensity City list
BEIJING, Nov. 15, 2022 /PRNewswire/ — The city of Changzhou, in east China’s Jiangsu Province, ranked the fifth in the 2022 Hurun China New Energy Intensity City list, which was released during the 2022 World Industrial and Energy Internet Expo held in the city from Nov. 11 to Nov. 13. According to the Hurun Research Institute,… Continue reading Xinhua Silk Road: E. China’s Changzhou ranks 5th in 2022 Hurun China New Energy Intensity City list
1-800-PACK-RAT Named to Triangle Business Journal’s Fast 50 List
Portable Storage and Moving Leader Places 7th on List of Fastest Growing Businesses in the Triangle of North Carolina WAKE FOREST, N.C., Nov. 14, 2022 /PRNewswire/ — 1-800-PACK-RAT, LLC, a leader in the portable storage and moving industry, announced today that it was named 7th on the Triangle Business Journal’s Fast 50 list. The Fast… Continue reading 1-800-PACK-RAT Named to Triangle Business Journal’s Fast 50 List
Xinhua Silk Road: E. China’s Changzhou ranks 5th in 2022 Hurun China New Energy Intensity City list
BEIJING, Nov. 14, 2022 /PRNewswire/ — The city of Changzhou, in east China’s Jiangsu Province, ranked the fifth in the 2022 Hurun China New Energy Intensity City list, which was released during the 2022 World Industrial and Energy Internet Expo held in the city from Nov. 11 to Nov. 13. According to the Hurun Research Institute,… Continue reading Xinhua Silk Road: E. China’s Changzhou ranks 5th in 2022 Hurun China New Energy Intensity City list