Apple Supplier Foxconn Breaks Ground On First EV Battery Plant
One of Apple Inc's (NASDAQ: AAPL) oldest and largest suppliers, Foxconn, has forayed into the electric vehicle segment.
Why Alibaba, Nio, Chinese Peers Are Surging In Hong Kong Today
Shares of major U.S.-listed Chinese companies traded higher in Hong Kong on Tuesday morning as investors cheered better-than-expected economic data from the Asian nation.
With DiDi Reprieve, Is China Taking the Handbrake off the Tech Sector?
Key takeaways:
Along with DiDi, logistics matching platform Full Truck Alliance and online recruitment company Kanzhun are also likely to be allowed to sign up new users
Disney Pays $3B For India TV Rights To Indian Premier League Cricket
The Walt Disney Co. (NYSE: DIS) has secured the Indian subcontinent television rights to Indian Premier League (IPL) cricket, despite earlier reservations from CEO Bob Chapek regarding the company’s enthusiasm in pursuing this sporting event.
Online Brokers UP Fintech, Futu Stumble on Weak Stock Markets
Key Takeaways:
UP Fintech and Futu reported sharp first-quarter revenue declines as weak stock markets caused trading commissions to slide
Futu reined in spending during the period, while UP Fintech’s spending rose on aggressive hiring for its global expansion
By Doug Young
Tesla Gets Indonesia Invite To Set Up Massive EV Factory: Report
Tesla, Inc. (NASDAQ: TSLA) has reportedly received an invite from Indonesia to add to its list of growing factories across the world.
Kim Jong-Un Orders Crackdown On Officials Abusing Power Amid COVID-19 Outbreak
The supreme leader of North Korea, Kim Jong-Un, and his top officials are pushing for a crackdown on government representatives as the country seeks greater internal unity to overcome the economic difficulties and challenges caused by the COVID-19 outbreak.
Apple Shifting Some Production From China To Vietnam Leads To Suppliers Fighting Over Poaching
As Apple Inc's (NASDAQ: AAPL) supply chain returns online after several COVID-19 disruptions, its efforts to shift some production out of China have
Why Alibaba, Nio, Chinese Peers Are Sinking In Hong Kong Today
Shares of major U.S.-listed Chinese companies fell in Hong Kong on Monday, with tech giants like Alibaba Group Holdings (NYSE: BABA), Tencent Holdings (OTC: TCEHY), Baidu Inc (NASDAQ:
Futu Holdings Scores Double Analyst Upgrade Following Q1 Earnings Beat
Shares of Futu Holdings Ltd (NASDAQ: FUTU) holdings drifted lower on Friday after a big week for the Chinese online brokerage platform.