Xinzi Ups the Ante With Larger Nasdaq IPO Even As Delisting Risks Grow For Chinese Firms
1. XZ's IPO size increased by 150% despite past financial losses. 2. The company aims to capitalize on rising demand for thin-film solar products. 3. Overcapacity in China's solar sector is a significant concern for XZ. 4. First-half profits improved, indicating potential stabilization for XZ. 5. Competing firms' performance may influence investor sentiment towards XZ.