WeRide Inc. Secures $440.5 Million in Delayed US IPO
WeRide Inc., a Chinese self-driving automotive company, has successfully raised $440.5 million through its long-delayed US initial public offering and a private placement.
Articles for tag: automotive industry trends, autonomous technology investment, funding impacts, investor confidence, IPO success, self-driving vehicles, WeRide Inc
China’s Local Debt Defaults Soar, Shocking Investors’ Trust in Guarantees
Defaults in China's local debt market have reached an all-time high, catching investors off guard. Many had believed these securities were implicitly backed by the government, but the reality is proving otherwise. This surge in defaults is raising concerns and uncertainty among those who thought their investments were secure.
