Asia - Spark Newswire

1 minute read

Tesla Battery Supplier CATL’s Stock Tumbles As Profit Falls 24% On High Raw Material Costs

Today, 4:48 PM

Contemporary Amperex Technology Co, Ltd’s (CATL) shares plunged 12% in early trading on Thursday on the Shenzhen Stock Exchange, CnEVpost reported on Thursday.

TSLA

1 minute read

Google Ropes In New India Policy Head From PM Modi’s Apex Think Tank Amid Regulatory Woes: Report

By Navdeep Yadav

Today, 4:48 PM

Alphabet Inc-owned (NASDAQ: GOOGL) Google's India arm has hired Archana Gulati, who previously worked for the central government think-tank Niti Aayog, as its new public policy head, according to a

1 minute read

Why Nio, Other EV Peers Are Shooting Up In Hong Kong Today

By Navdeep Yadav

Today, 4:48 PM

Shares of U.S.-listed Chinese electric vehicle makers and Tesla Inc (NASDAQ: TSLA) rivals traded higher on Thursday in Hong Kong as the local stock exchange extended gains amid positive cues from global markets.

2 minute read

Why Alibaba, Other Tech Peers Are Trading Higher In Hong Kong Today

By Navdeep Yadav

Today, 4:48 PM

Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd (NYSE: BABA), Baidu Inc (NASDAQ: BIDU), JD.Com (NASDAQ: JD), and <

BABA

5 minute read

De Well Files for Hong Kong IPO, Flush With New Ties to Cainiao

By The Bamboo Works

Today, 4:48 PM

Key Takeaways: • Global logistics services provider De Well has filed for a Hong Kong IPO, aiming to boost its footprint on booming demand for cross-border e-commerce

AMZN

1 minute read

Chinese Analyst Who Highlighted Delisting Risks For US-Listed Companies Like Alibaba Suddenly Leaves State-Owned Brokerage

By Navdeep Yadav

Today, 4:48 PM

One of China's most prominent and outspoken market analysts has quietly left the state-owned brokerage he was employed at, days after his Chinese social media accounts were suspended, according to a Reuters report.

BABA

2 minute read

Analyst Significantly Lowers Delivery, Profit Estimates For Nio Rival Li Auto: What You Should Know

By Rachit Vats

Today, 4:48 PM

Brokerage firm US Tiger Securities Inc on Tuesday significantly lowered its second-quarter delivery, revenue, and profit estimates for electric vehicle maker Li Auto Inc (NASDAQ: LI).

1 minute read

People In Shanghai Use NFTs To Skirt Censorship And Record Harsh COVID-19 Lockdown Experiences

By Navdeep Yadav

Today, 4:48 PM

Shanghai's residents are preserving memories of their strict COVID-19 lockdown by minting videos, photos, and artworks as NFTs (non fungible tokens) while skirting Chinese censors, according to a Reuters report.

ETH

2 minute read

Tesla Confirms Plans For New Shanghai Plant That Would Double China Capacity

By Rachit Vats

Today, 4:48 PM

Tesla Inc (NASDAQ: TSLA) has confirmed plans to build a second manufacturing plant in Shanghai as it looks to double production capacity in China, Reuters

TSLA

1 minute read

Nio Down 1.6%, Xpeng Falls 3%: Why Hong Kong EV Stocks Are Slipping Today

By Navdeep Yadav

Today, 4:48 PM

Shares of U.S.-listed Chinese electric vehicle makers Nio Inc (NYSE: NIO), XPeng Inc (NYSE: XPEV), and Li Auto (NASDAQ: LI) traded in red