Core Insights - Zeekr Intelligent Technology Holding's American depositary shares (ADSs) rose significantly after its initial public offering (IPO), closing at $28.26, a nearly 35% increase from the IPO price of $21 per ADS [2][5] - The company is intensifying competition in the electric vehicle (EV) market, impacting larger Chinese firms like BYD and international competitors such as Tesla [3][6] - Zeekr's IPO is notable as it represents the largest U.S. IPO from a Chinese company since Didi in 2021, highlighting the favorable capital markets for new energy vehicles in New York [5] Company Overview - Zeekr is a subsidiary of Zhejiang Geely Holding Group, which has investments in various automotive brands including Geely, Volvo, Polestar, and Lotus [4] - The choice to list in New York underscores Zeekr's ambition to establish itself as a global brand in the EV sector [4] Market Context - The IPO reflects a trend of Chinese EV manufacturers expanding internationally, with speculation about Zeekr's potential for further global expansion [3] - Following its debut, Zeekr's ADSs continued to rise, indicating strong market interest and investor confidence [5][6]

吉姆·西蒙斯去世，半生在用数学搞清楚市场发生了什么 极氪上市，一台车撑起 2.8 万美元市值 学钢琴的孩子少了，雅马哈利润下滑 关注《晚点财经》并设为星标，第一时间获取每日商业精华。 吉姆·西蒙斯去世，半生在用数学搞清楚市场发生了什么 有两个投资团队几乎年年跑赢市场，几十年来为投资者带去上千亿美元回报。 一个团队精简、只有几个人参与直接决策。不动用高等数学和编程语言，只在看过公司基本面后挑最 好的时机买入。平均一年做不了一次交易决策。这是巴菲特和芒格的伯克希尔哈撒韦。 另一个团队雇了数百名数学和物理学博士，用大量数据训练模型、写算法交易，对他们而言一家公司 跟标了名字的筹码没什么区别，电脑一天自动做出成千上万次交易。这是吉姆·西蒙斯的文艺复兴科 技。 图片来源：西蒙斯基金会 当地时间 5 月 10 日，文艺复兴创始人、数学家、破译学家吉姆·西蒙斯在曼哈顿的家中去世，享年 86 岁。西蒙斯的发言人乔纳森·加斯塔尔特证实了他的死讯，但没有具体说明死因。 西蒙斯一生都在求解。三岁时喜欢心算倍数，二十岁从麻省理工学院毕业，然后去加州大学伯克利分 校读博 —— 他听说那里的微分几何最好。毕业后在哈佛和麻省理工学院任教一 ...

China-based premium-label electric vehicle (EV) manufacturer Zeekr (NYSE:ZK) got off to a strong debut on Friday, ironically amid the Biden administration’s plans to raise tariffs on Chinese vehicle imports to the U.S., according to Reuters. The dichotomy reflects the double-forked nature of ZK stock.As InvestorPlace contributor Dana Blankenhorn explained, Zeekr represents a spinoff from Geely (OTCMKTS:GELYY). It’s the second such entity to be traded in U.S. exchanges, following Polestar (NASDAQ:PSNY), a sp ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Zeekr (NYSE:ZK), a Chinese maker of luxury electric vehicles (EVs), holds its IPO today with an initial price of $21 per share. The price is at the top of the expected range. It indicates strong demand for the 21 million American Depository Receipts (ADRs) being offered. Zeekr filed an F-1 document with the Securities and Exchange Commission (SEC) early this month.However, the most important thing for many to know about Zeekr is that Zeekr is not the story here.Zeeker Is Another Geely JointZeekr is yet anot ...

Geely-backed EV brand illustrates China’s strategy to dominate the global market as cars go electric and intelligentA lot is riding on the IPO of ZEEKR, the Chinese EV maker, which is expected to start trading today on the NYSE under the symbol (NYSE: ZK) after pricing at the top of its range at $41 per share. At a market cap of just over $5 billion, this is the first IPO of any real size coming from the PRC since the debacle of Didi Chuxing’s (OTC: DIDIY) listing and subsequent delisting in 2021.Bankers in ...

HANGZHOU, China, May 10, 2024 /PRNewswire/ -- ZEEKR Intelligent Technology Holding Limited ("ZEEKR" or the "Company") (NYSE: ZK), a fast-growing battery electric vehicle ("BEV") technology company, today announced the pricing of its initial public offering of 21,000,000 American Depositary Shares ("ADSs"), each representing 10 ordinary shares of the Company, at US$21.0 per ADS. The ADSs will begin trading on May 10, 2024, on the New York Stock Exchange under the ticker symbol "ZK." The offering is expected ...

A Zeekr 001 electric vehicle (EV) by Geely is seen displayed at the Zeekr booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021.Chinese electric vehicle maker Zeekr priced its initial public offering at $21 a share Thursday, at the top end of its range, according to news reports.The company will sell 21 million American depository shares to raise $441 million when it begins trading on the New York Stock Exchange on Friday under the ticker ZK, Reuters and Bloomberg News report ...

As we continue to grow, we may not be able to ef ectively manage our growth, which could negatively impact our brand image and financial performance. We have experienced significant growth since the launch of ZEEKR 001 in 2021, and our net revenues for vehicle sales increased from RMB1,544.3 million in 2021 to RMB19,671.2 million in 2022, and further increased to RMB33,911.8 million (US$4,776.4 million) in 2023. We plan to further grow our business by, among other things, investing in technology, expanding ...