Munster Says Apple Entering Transition Phase Of Reducing Reliance On China
Apple Inc (NASDAQ: AAPL) is entering a transition of reducing its reliance on China that may take as long as a decade to achieve, said
Tesla China Rival Reportedly Pauses Production As COVID-19 Curbs Bite
Tesla Inc (NASDAQ: TSLA) rival and Chinese EV-maker Nio Inc (NYSE: NIO) has suspended production at its factories owing
Alibaba, Nio Stocks Fall As Hong Kong Investors Turn Cautious Ahead Of Fed Meet
Hong Kong stocks opened lower on Wednesday morning as all eyes turned toward the Federal Reserve’s policy announcement later in the day.
The benchmark Hang Seng fell 0.8% and Xpeng shares fell over 8%, while Nio shares lost over 6%. Alibaba shares lost over 2%.
Tesla China Rivals See Shares Shoot Higher Amid Mixed October Deliveries: Are Investors Moving Past Xi Jinping Related Selloff?
Chinese electric vehicle startups Nio Inc. (NYSE: NIO), XPeng Inc. (NYSE: XPEV) and Li Auto Inc.
Could Titanium Sponge Become A Geopolitical Tool For Russia, China To Restrain The US Aerospace Industry?
Titanium sponge, the basis for titanium metal, is lighter and tougher than steel and is essential for the aerospace industry.
Things Don’t Add Up Well in Used Computer Renter’s IPO Bid
Key Takeaways:
LX Technology, parent of Little Bear Rental, has been approved for a Hong Kong IPO, despite losing over 740 million yuan in the past three and a half years
Its major early shareholders, including Tencent, Lenovo and JD.com, have started cutting their ties with the company even before the IPO
By Tina Yip
Alibaba, Meituan, Nio Jump: Hang Seng Looks Past Weak China Factory Data To Focus On Fed Policy
Hong Kong shares opened in the green on Monday, with the benchmark Hang Seng rising 0.63%, as investors and traders shrugged off a contraction in China’s factory activity while focussing more on the possibility of the U.S.
Mark Mobius Says China May Ease COVID-Zero Policy By Year-End — But Has This Worry For Private Sector
Emerging markets expert and founder of Mobius Capital Partners, Mark Mobius, has said that China is likely to ease its Covid Zero policy by the end of 2022 as its economy is struggling and the government needs money &ldqu
Alibaba Falls Over 3%, Nio Plunges 6%: Hang Seng Opens Weaker As China COVID Curbs, Earnings Season Fray Nerves
Hong Kong shares opened in the red on Friday, with the benchmark Hang Seng falling 1.5%, as mixed earnings prompted traders and investors to pare positions before the end of the week.
New Oriental Emerges from Carnage of Education Cleanup
Key Takeaways:
New Oriental Education returned to profitability in its latest reporting quarter, as its revenue declines continued to ease
The company’s new business mix after China banned K-12 tutoring in core curriculum areas includes non-academic tutoring and study abroad services
By Doug Young