Asia - Spark Newswire

2 minute read

Tesla Weathers Industrywide Weakness In China: Breaking Down February EV Sales Performance

Today, 7:30 AM

Tesla, Inc.'s (NASDAQ: TSLA) China sales momentum remained intact in February, as the electric vehicle manufacturer weathered the industrywide softness fairly well.

BYDDF

2 minute read

Alibaba Strikes Gains Even As Tech Peers Drop In Hong Kong Today – What’s At Play?

By Madhukumar Warrier

Today, 7:30 AM

Shares of U.S.-listed Chinese tech companies fell in Hong Kong on Tuesday, weighing on the benchmark Hang Seng Index, while Alibaba Group Holding Limited (NYSE: BABA) bucked the trend to jump over 1%.

BABA

5 minute read

TuSimple Paves The Way For Its Truck Technology Commercialization

By The Bamboo Works

Today, 7:30 AM

Key Takeaways: TuSimple announced that co-founder and CTO Hou Xiaodi will take over as the company’s chairman and CEO Company’s shares lost two-thirds of their value in the two days after the announcement, closing at a post-IPO low By Doug Young

EMBK

2 minute read

What’s Causing A Slide In Alibaba, JD And Other Tech Stocks In Hong Kong Today?

By Madhukumar Warrier

Today, 7:30 AM

Shares of most U.S.-listed Chinese tech companies slid in Hong Kong on Monday, weighing on the benchmark Hang Seng Index, as surging oil prices due to the escalating Russia-Ukraine conflict and a spike in domestic COVID-linked deaths sapped risk appetite.

BABA

5 minute read

Most Prominent Crypto Regulation Cases in 2021-2022

By Pauline Shangett

Today, 7:30 AM

There is a noticeable shift in the global economy toward digital currencies. They present a great alternative to its fiat counterparts because they are transparent, decentralized and not controlled by any government. Cryptocurrencies are becoming increasingly popular due to their advantages, causing the crypto industry to grow rapidly.

BTC

2 minute read

Elon Musk Takes Chinese Ambassador To US On Drive In Model S Plaid

By Shanthi Rexaline

Today, 7:30 AM

The Chinese ambassador to the U.S., Qin Gang was driven around in a Tesla, Inc. (NASDAQ: TSLA) Model S Plaid by CEO Elon Musk, the diplomat said in a tweet Friday.

LCID

3 minute read

War In Ukraine Causes Coal To Go Parabolic: Our Top Name That’s Poised To Profit From The Coal Boom.

By David Pinsen

Today, 7:30 AM

Coal Goes Parabolic Before the current war in Ukraine, there was already upward pressure on coal, due to a combination of the lockdowns limiting production in 2020 plus a misguided focus renewable energy, as Noah Rothman noted last October:

BTU

1 minute read

Why Alibaba And Tesla Rivals Xpeng, Li Auto Are Crashing In Hong Kong Today

By Madhukumar Warrier

Today, 7:30 AM

Shares of U.S.-listed Chinese tech companies tumbled in Hong Kong on Friday, dragging the benchmark Hang Seng Index sharply lower, as investors assessed possible ripple effects from the escalating war between Russia and Ukraine.

BABA

2 minute read

Nio Reportedly Raises $163M Through Debt Offering In China: What Investors Need To Know

By Shanthi Rexaline

Today, 7:30 AM

Nio, Inc. (NYSE: NIO) recently announced approval for a secondary listing in Hong Kong without issuing any shares.

NIO

2 minute read

Why Alibaba, Xpeng And Other Tech Stocks Are Muted In Hong Kong Today

By Madhukumar Warrier

Today, 7:30 AM

Shares of U.S.-listed Chinese tech companies were mixed in Hong Kong on Thursday, even as the benchmark Hang Seng Index opened higher on news that China may soften its zero-tolerance approach to curbing COVID-19 outbreaks.

BABA