Logo 08 Jan 2026

Leapmotor’s global ambitions get a boost from new state-backed investments

Subscribe to keep reading.

Trivium Markets keeps you briefed on the latest developments in China markets policy.

Try it free

Already a subscriber? Log in.

On Tuesday, new energy vehicle (NEV) upstart Leapmotor announced it had sold RMB 3 billion worth of shares – nearly 4% of the company – to Jinyi High-Tech Industrial Investment Group, an investment vehicle under the prefectural government of Jinhua, Zhejiang.

This comes shortly after the automaker ...



More recent developments

Logo June 19, 2026
PBoC exerts greater control over overnight lending rates

China’s central bank (PBoC) is strengthening its influence over overnight lending rates, paving the way to a shakeup in how it guides the economy. The details: On June 17, the PBoC said the rate on overnight interbank collateralized lending (known… Read More »

Logo June 18, 2026
Shanghai to accelerate offshore finance buildout

Authorities are kickstarting a new round of reforms in Shanghai to internationalize the RMB. On June 17, the central bank (PBoC), the Shanghai government, and four other central agencies released an action plan to develop offshore finance in Shanghai. TL;DR:… Read More »

Logo June 18, 2026
PBoC launches repo tool for foreign central banks

China’s central bank (PBoC) is making RMB bonds easier to convert into cash. On June 17, PBoC governor Pan Gongsheng unveiled a new repo facility that lets foreign institutions – including central banks and sovereign wealth funds – borrow RMB… Read More »