HSBC's attitude is clear: BYD has "huge potential for growth" while Tesla is "maintaining shareholding"!

The bank believes that Tesla is on the path of "difficult reality return", while BYD has a strong technical reserve and can continue to lead the new energy autos market.

wallstreetcnJun 19 23:02 ET

"Top real estate player in Fujian province" becomes third place in Hangzhou.

Author: Cao Anxun Editor: Zhou Zhiyu After becoming the top newcomer among Fujian property companies, JF ups the pace of expansion. On June 14th, China Resources Land spent CNY 5.76 billion to purchase the land of Wuyuan Bay, Xiamen. According to CRIC, from January to May, JF's new land value totaled CNY 43.54 billion, ranking third in the country behind China Resources Land and China State Construction's One Product, and had landed in Longyan, Hangzhou, Wuhan, Changsha and other places. Particularly in Hangzhou, according to 36 Krypton, JF acquired approximately 220,000 square meters of project GFA with a premium of less than 30% since the beginning of the year.

wallstreetcnJun 18 11:42 ET

AH stocks collectively opened lower, with brokerage and baijiu sector falling, and Kweichow Moutai falling more than 2%.

On Monday, the Shanghai Composite Index opened down 0.49%, the Shenzhen Component Index fell 0.3%, and the Growth Enterprise Market fell 0.42%. The Wande total A shares fell 0.49%. Commercial aerospace and ultra-high-voltage power transmission concepts strengthened, while baijiu, brokerage, and education industries had the biggest decline. Kweichow Moutai continued to fall, down 2.7%. Hong Kong stocks opened and fell, with the Hang Seng Index down 0.52%, enn energy and galaxy ent both fell nearly 2%, and Alibaba fell more than 1%. The Hang Seng Tech Index fell 0.58%, with Weibo and Kuaishou both down more than 1%. Brilliance Chi rose nearly 15% and plans to distribute special stock dividends of HK$4.3 per share. In the A-share sector, electrical utilities once again fell, with Sichuan Mingxing Electric Power down nearly

wallstreetcnJun 16 21:44 ET

EU Tariffs on China EVs: Who Are the Winners and Losers?

The European Union announced it will hike tariffs to as high as 48% on electric Chinese imported vehicles. China has threatened retaliation across agriculture, aviation and cars with large engines. Bloomberg's Danny Lee reports.

BloombergJun 13 08:01 ET

Ah stocks opened low and went down, while apple supplier shares were strong. Shipping, metals sector continued to decline, and Kweichow Moutai rose 1%.

Consumer electronics stocks are strong, while shipping and precious metals sectors continue to decline. Baijiu sector rebounded slightly, and Kweichow Moutai rose 1% during early trading. Hong Kong stocks opened low and moved lower, with Hang Seng Tech Index falling 1%. Electric vehicle stocks led the decline, with Nio Inc dropping more than 7%, Xpeng dropping 5%, and Li Auto dropping 2%.

wallstreetcnJun 11 21:53 ET

The Feitian series all experienced a large drop, with Moutai's stock price falling more than 3% and trading volume exceeding 10 billion yuan.

On Tuesday, the A-share baijiu sector fell across the board, with kweichow moutai falling more than 3% during the day and trading volume exceeding 10 billion yuan. Since the beginning of this year, kweichow moutai has fallen more than 9%. Prior to this, the Securities Times reported that on the day of the Dragon Boat Festival, the Feitian series fell sharply. According to information released by the No. 2 Sauce platform, from 2023-24, the original box price will drop by 5-10 yuan/bottle, and the bulk price will drop by 40 yuan/bottle in 2024; the zodiac series, the Rabbit, Tiger, and Pig years will drop by 30-50 yuan/bottle, while the Rat and Monkey years will plummet by 100-200 yuan/bottle; the other series will drop by 100 yuan per bottle for the 30-year vintage. The Securities Times cited industry sources as saying that in recent days,

wallstreetcnJun 11 03:32 ET