Xpeng's Flying Car Unit Aeroht Plans Hong Kong IPO This Year
Chinese EV maker Xpeng hires JPMorgan and Morgan Stanley for Aeroht flying car IPO in Hong Kong, targeting China's growing low-altitude economy market.
Chinese EV maker Xpeng hires JPMorgan and Morgan Stanley for Aeroht flying car IPO in Hong Kong, targeting China's growing low-altitude economy market.
Chinese EV sales stumbled in February 2026 due to the Spring Festival holiday, with major players like BYD and XPeng seeing sharp drops. This pressures Tesla in its key China market, raising the importance of its pivot to AI, robo-taxis, and humanoid robots for future growth.
Berkshire Hathaway’s operating profit fell 29% in Q4 2025—Warren Buffett’s final quarter as CEO—driven by weak insurance results. Greg Abel will take over. No share repurchases were made.
FDA approves Ascendis Pharma's Yuviwel, the first once-weekly injection to boost growth in children 2+ with achondroplasia. Launch expected Q2 2026.