Nio’s August EV Deliveries Rise, Bucking Wider Trend As Rivals Xpeng, Li Auto See Numbers Fall Sequentially
Nio, Inc. (NYSE: NIO) reported a rise in deliveries for August on Thursday.
Nvidia, AMD Shares Tumble As US Slaps Export Curbs on Top AI Chips To China: What’s At Risk Here?
Shares of Nvidia Corporation (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) came under significant pressure late Wednesday following news that the chipmakers were slapped with cer
Alibaba’s Lazada Group Gears Up For Europe Foray To Take On Amazon, Zalando
Alibaba Group Holding Ltd. (NYSE: BABA)-owned Lazada Group is getting ready to enter Europe, after its success in Southeast Asia, to take on rivals such as Amazon.com Inc. (NASDAQ:
Alibaba, Nio Slip: Hong Kong Stocks Stumble As China Private Factory Survey Data Shrinks For 1st Time In 3 Months
Hong Kong stocks fell on Thursday, with the Hang Seng index losing 1.23% in opening trade. China's factory activity shrank for the first time in three months in August.
KE Holdings Deconstructed by Slumping Real Estate Market
Key Takeaways:
KE Holdings swung to the red in the first half of the year on the back of a slumping Chinese real estate market
The company is trying to offset anemic property trading income with new businesses that are growing but still account for just a small share of revenue
By Tina Yip
Some Tesla Model Ys To Get Delivered Quicker In China: Here’s The New Wait Time
Tesla Inc (NASDAQ: TSLA) has reduced the wait time for its rear-wheel drive Model Ys in China to one to four months, reported
Tech Giant Baidu Falls 7% On Revenue Drop: Chinese PMI Data, Sluggish Wall Street Drag Hong Kong Stocks
Hong Kong stocks opened in the red on Wednesday following a sluggish session on Wall Street as central bankers in the U.S. and Europe continued to maintain their hawkish tones. Shares of Baidu fell over 7% in opening trade after the company reported second-quarter earnings.
China’s ICBC, World’s Biggest Bank By Assets, Sees H1 Net Income Jump To Nearly $25B: Here’s Its Outlook
Industrial and Commercial Bank of China Limited (OTC: IDCBY), the world’s biggest bank by assets, reported a 4.9% rise in its net income at 171.506 billion yuan ($24.8 billion) for the six months ended June compared to the same period last year.
Alibaba Rival Gets ‘Buy’ Rating From Analyst: As Giants Slowed Down, This Company ‘Surprised’ With Fast Revenue Growth
US Tiger Securities analyst Bo Pei has upgraded the rating on China’s largest agricultural products platform Pinduoduo Inc (NASDAQ: PDD) from “hold” to “buy,” after having raised the price target to $80 from $