Tesla, Nio Supplier CATL’s Chinese Rival Eyes $2B Hong Kong IPO: Report
Chinese battery maker CALB Co., which is a rival to companies like Contemporary Amperex Technology Co Ltd. (CATL) and Warren Buffett-backed BYD Co. (OTC: BYDDF) (OTC:
iPhone 14 Series Will Be Pricier In Japan And South Korea But Not China — Here’s Why
Japanese and South Korean consumers will have to shell out relatively more for the latest iPhones this year compared to last year’s model as currencies of both these countries have depreciated significantly against the dollar.
Why Alibaba, Nio Stocks Aren’t Trading In Hong Kong Today — And Here’s What’s On Investors’ Radar In Asia
Asia-Pacific markets opened in the green on Monday over improved risk sentiment, but investors are keenly watching out for U.S. inflation data due later this week.
Vietnamese Tesla Challenger VinFast Begins Domestic Deliveries Of SUV; US Sales Will Reportedly Start In December
Vietnam-based car manufacturer VinFast, which has pivoted to electric vehicles, began deliveries of its first batch of electric SUVs to domestic customers.
Junshi Biosciences Hits Revenue Roadblock Amid Covid Drug Delay
Key Takeaways:
The company logged a revenue fall of 55% in the first half of the year and posted a loss of $131 million
Phase 3 clinical trials for its Covid-19 oral drug wrapped up in May but the company has still not yet filed an application to market the product
By Molly Wen
How’s China Taking To iPhone 14 Lineup? Analyst Shares Insights, Strategy To Boost Profits In Mature Market
Apple, Inc. (NASDAQ: AAPL) launched its newest iPhone lineup on Wednesday and the reactions have been mixed.
Why Alibaba, Nio And Other Stocks Are Shooting Higher In Hong Kong Today
Hong Kong stocks opened in the green on Friday, taking cues from Wall Street where major indices gained following clarity on the U.S. Federal Reserve’s policy path. China’s slower-than-expected consumer price inflation rise also lifted sentiments.
Oil Slides Further As Demand Worries Grow — But US Officials Prepare For Possible Price Surge By Year-End
Oil fell on Friday dragged by demand concerns, increasing stockpiles, and the likelihood of the Biden administration making a fresh release from emergency reserves.
All in the Family: Cash-strapped ZhongAn Taps Chairman’s Ties to Fund a Money-losing Unit
Key Takeaways:
Sinolink will buy about 156 million new shares in ZhongAn’s overseas business development unit, ZhongAn International, for about $103 million
The deal comes in a difficult year for ZhongAn, whose own cash holdings are dwindling
By Warren Yang
Tesla China Sales Rebound To Near Record Levels In August, CPCA Data Shows: Are 2022 Delivery Goals Within Reach?
Tesla, Inc.’s (NASDAQ: TSLA) China wholesale sales rebounded strongly in August, data from China Consumer Passenger Car Association showed, according to CnEVPost.