1. December Sell-Off in Chinese Equities: Morgan Stanley reports global long-only funds rapidly sold Chinese and Hong Kong stocks. Clients redirecting funds to other regions due to underperformance in China markets. Estimated net outflow of $3.8 billion from China and Hong Kong markets. $香港ETF-iShares(EWH.US)$$KraneShares Bosera MSCI China A Share ETF(KBA.US)$$MSCI中国ETF-iShares(MCHI.US)$ 2. New Policies for NEV-Grid Integra...
It seems that GreenTree Hospitality Group's statutory profit might undervalue its true earning potential due to unusual items. The company turned a profit this year indicating positive tidings for shareholders.
1. Alibaba’s Singles Day shopping event appears to be off to a relatively good start. As of launch on October 31, the turnover of 71,900 brands on its platform exceeded their turnover for the same day last year. The most popular brands included Apple, Huawei, Haier, and Midea. The figures coming out of the company aren’t as clear this time, as Alibaba (as well as JD) are conscious not to put too much hype on the level of spending ...
1. Chinese EV manufacturer Nio trimmed staff count by 10% after denying rumors early on. The company confirmed plans to reduce staff count to improve operational efficiency in light of growing losses. Projects that fail to contribute to the company’s financial performance within three years will also be shelved or cut. The company delivered 16,074 units in October, a 60% year-on-year increase, but still well below the 20,400 units ...
1. NIO launches its first smartphone, the NIOPhone It’s a smartphone that NIO CEO Li Bin describes as necessary to allow seamless connection with NIO’s lineup of electric vehicles. The NIOPhone is positioned as a flagship premium smartphone priced between RMB 6,499 ($890) and RMB 7,499 ($1,027), placing it in the same price category as the iPhone 15 and Huawei’s Mate 60 Pro. The company plans to initially sell just 50k of these smartphones, whi...
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MonkeyGee :
why is NIO into smart phone? aren't they making cars?
1. China's Exports to ASEAN Surpass US and EU China's exports to the Association of Southeast Asian Nations (ASEAN) have reached $600 billion annually, outpacing its exports to the US and EU. The trade growth is attributed to the Regional Comprehensive Economic Partnership (RCEP), which includes Australia and New Zealand. This highlights ASEAN's dependence on China and the challenges Western allies face in countering China's influence. 2. Ch...
1. US Commerce Secretary Gina Raimondo spent a second day in China stabilizing bilateral relations with its third-largest trading partner. The two nations agreed to set up a joint working group for the first time in three years, which includes representatives from the government and private sector. The group agreed to meet twice a year, with the first meeting to be held in Washington in early 2024. The US and China also agreed to set...
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Here's what happened in China's markets in last trade day (1/4):
Morgan Stanley reports global long-only funds rapidly sold Chinese and Hong Kong stocks.
Clients redirecting funds to other regions due to underperformance in China markets.
Estimated net outflow of $3.8 billion from China and Hong Kong markets.
$香港ETF-iShares(EWH.US)$$KraneShares Bosera MSCI China A Share ETF(KBA.US)$$MSCI中国ETF-iShares(MCHI.US)$
2. New Policies for NEV-Grid Integra...
Here's what happened in China's markets last trade day (11/6):
As of launch on October 31, the turnover of 71,900 brands on its platform exceeded their turnover for the same day last year. The most popular brands included Apple, Huawei, Haier, and Midea. The figures coming out of the company aren’t as clear this time, as Alibaba (as well as JD) are conscious not to put too much hype on the level of spending ...
Here's what happened in China's markets last trade day (11/3):
The company confirmed plans to reduce staff count to improve operational efficiency in light of growing losses. Projects that fail to contribute to the company’s financial performance within three years will also be shelved or cut. The company delivered 16,074 units in October, a 60% year-on-year increase, but still well below the 20,400 units ...
Key Highlights from Last Trading Session (9/21) :
It’s a smartphone that NIO CEO Li Bin describes as necessary to allow seamless connection with NIO’s lineup of electric vehicles. The NIOPhone is positioned as a flagship premium smartphone priced between RMB 6,499 ($890) and RMB 7,499 ($1,027), placing it in the same price category as the iPhone 15 and Huawei’s Mate 60 Pro. The company plans to initially sell just 50k of these smartphones, whi...
Key Highlights from Yesterday's Trading Session (9/5) :
China's exports to the Association of Southeast Asian Nations (ASEAN) have reached $600 billion annually, outpacing its exports to the US and EU. The trade growth is attributed to the Regional Comprehensive Economic Partnership (RCEP), which includes Australia and New Zealand. This highlights ASEAN's dependence on China and the challenges Western allies face in countering China's influence.
2. Ch...
Here's what happened in China's markets last trade day (8/29):
The two nations agreed to set up a joint working group for the first time in three years, which includes representatives from the government and private sector. The group agreed to meet twice a year, with the first meeting to be held in Washington in early 2024. The US and China also agreed to set...
Higher than prepandemic levels.
Chinese tourists start preparing for travels in May Day holiday.
$携程网(TCOM.US)$$华住(HTHT.US)$$格林酒店(GHG.US)$
$格林酒店(GHG.US)$
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