Bloomberg Hutchison China MediTech Ltd, a cancer drug developer backed by billionaire Li Ka-shing, is delaying the launch of its Hong Kong share sale that could raise about $500 million, people with knowledge of the matter said. The company is looking for an appropriate window to kick off the deal amid recent market uncertainties, the people said, asking not to ...

Bloomberg Xpeng Motors, the Chinese electric carmaker planning another fundraising round, said it has produced 10,000 sport utility vehicles. The company, which is backed by e-commerce giant Alibaba Group Holding Ltd, said in a statement it made its 10,000th G3 SUV in the city of Zhengzhou. Among the hundreds of EV startups in China, NIO Inc and WM Motor Technology ...

Bloomberg Tesla Inc is revamping its organisation in Asia to put more focus on China as the company prepares to start manufacturing in the world’s largest electric-car market, people familiar with the matter said. The company is dismantling its Asia Pacific business unit and forming a new division for Greater China that will cover the mainland as well as Hong ...