399001 Shenzhen Component Index
- 9206.24
- -63.70-0.69%
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.
Li Yunfei of BYD: corporate competition is like playing cards, one should act according to their ability and not destroy the rules because of temporary gains and losses.
During June 6th and June 8th, Li Yunfei, the General Manager of Brand and Public Relations Department of BYD Company Limited, delivered a speech at the 2024 China Auto Chongqing Forum (CACS2024). Li Yunfei pointed out that in terms of price wars, companies should act according to their abilities due to their different sizes and situations. He looked back at the past two years, during which many auto companies, including BYD, had to raise prices due to the reduction of subsidies and the increase in raw material costs. However, with the decrease in raw material prices, price reductions are now possible. As for consumers, he emphasized that companies should not fool consumers, but should provide better services.
Vanke paid off this year's US dollar bonds at one go.
Improve liquidity.
Tesla's sales in China increased by 17% compared to the previous year in May, due to the recovery of demand for EV.
Tesla, a leading American electric automobile company, saw an increase in passenger vehicle sales in China in May compared to the previous year. The recovery in EV demand is attributed to the Chinese government's trade-in program and the Beijing Motor Show, which drew consumers' interest. According to preliminary figures released by the China Passenger Car Association (CPCA) on the 4th, Tesla sold 72,573 units in May, a 17% increase from the same month last year.
"Express Delivery King" takes an important step forward.
Author | Huang Yu Editor | Zhou Zhiyu Last year, the three major logistics giants sprinted to the Hong Kong Stock Exchange. In the end, Goku took the lead in listing. Cainiao chose to withdraw its listing application, while SF Express remained undecided. More than three months after the initial filing failed, SF Express finally ushered in good news when it went public for the second time in Hong Kong. On June 2, SF Express announced that it has recently received confirmation from the China Securities Regulatory Commission on its overseas issuance and listing. It plans to issue no more than 625 million overseas listed common shares and list them on the Hong Kong Stock Exchange. This means that SF Express has finally obtained the “roadmap” to go public in Hong Kong, and may soon re-submit the form to the Hong Kong Stock Exchange. In the near future, SF Express will
Chevrolet's “magic car” left lonely
An inflection point for second-tier joint venture brands.
Maxeon Solar Technologies' Largest Shareholder TCL Zhonghuan Renewable Energy Technology to Invest $97.5M Via a Debt Investment and an Additional $100M Equity Investment
Maxeon's Chief Executive Officer Bill Mulligan noted, "Maxeon has been facing a very difficult market environment since the third quarter of last year, with challenging industry pricing conditions and
A-share review: New energy stocks explode! Photovoltaics and solid-state batteries have soared, and the non-ferrous metals market continues
On May 29, the three major A-share indices fluctuated and declined. The Shanghai Index rose 0.05% to 3111 points, the Shenzhen Stock Exchange Index rose 0.25%, and the GEM Index rose 0.27%. Over 2,700 shares rose and traded 708.4 billion yuan throughout the day. On the market, the small metals and non-ferrous metals sectors are active; the situation in the Middle East heats up, the gold and precious metals sectors strengthened, and Hunan gold rose and stopped; the photovoltaic equipment sector rose, solid state batteries and other sectors rose, while AIPC, travel hotels, and carbon fiber had the highest gains. In addition, the ST sector fell sharply, and more than 20 stocks including ST Elken fell to a halt; the shipbuilding sector declined, the virtual power plant sector pulled back, and automobile services
The Shanghai and Shenzhen Exchange announced that the IPOs of Goerwei and Ola shares were terminated
On the evening of May 27, the Shenzhen Stock Exchange and the Shanghai Stock Exchange respectively terminated the IPO reviews of Goerwei and Ola shares.
Shenzhen Railway once again lends a helping hand to Vanke
Unleash liquidity.
A-share review: Shanghai index rose 1.14%! The “national team” took action, and the semiconductor and photoresist sectors exploded
On May 27, the main A-share index fluctuated and weakened in early trading today and pulled up at the end of the session; by the close, the Shanghai index rose 1.14% to 3124 points, the Shenzhen Stock Exchange Index rose 0.88%, and the GEM index rose 0.68%. Nearly 3,400 shares rose, and traded 774.8 billion yuan throughout the day. On the market, the electronic chemicals sector soared in the afternoon, and many stocks such as Yangfan New Materials rose and stopped; the third phase of the National Fund was established; the semiconductor sector strengthened across the board in the afternoon, leading the way in the direction of SMIC concepts and memory chips, etc.; lithography machines and photoresist concepts boosted; and sectors such as virtual power plants, UHV, and shipping ports registered the highest gains. The photovoltaic equipment sector declined, and the chicken concept declined
Lynk & Co carries the banner of Geely's counterattack
The hybrid wind starts.
Binjiang strengthened its determination to get out of Hangzhou
Empowering Shanghai.
A-share review: The GEM index fluctuated and closed up 0.88%, and the PV sector stopped rising and stopping at full screen
On May 22, the three major A-share indices rose collectively. The Shanghai Index rose 0.02% to 3158 points, the Shenzhen Stock Exchange Index rose 0.12%, and the GEM Index rose 0.88%. More than 3,100 individual stocks rose in the entire market, with a turnover of 831.2 billion dollars in the Shanghai and Shenzhen markets, an increase of 31.9 billion dollars over the previous trading day. On the market, the photovoltaic sector exploded across the board, leading in the direction of HIT batteries, perovskite batteries, and BC batteries; the real estate sector rose and stopped; the AI PC sector rebounded, and Yingli shares rose and stopped by 20cm; and sectors such as energy efficiency in buildings, glass substrates, and high-speed copper cable connections registered the highest gains. Also, the pet economy sector
When it was first covered, did Goldman Sachs think it could increase by another 50% during the Ningde era?
Goldman Sachs is optimistic about the technological advantages and profitability of the Ningde era, and gives a purchase rating and a target price of 304 yuan. The average annual EPS growth rate in the 2024-2030 era is 26%, of which 21% comes from sales growth and 1% from unit gross profit expansion.
Vanke's market capitalization returns to 100 billion
Policy assists.
Circuit Hyper | Future Intelligent Business Exploration: Individual AI Assistants Equal Rights
GAI's affirmative future commercial value thinking.
Tram delivery “Super Smash” in April: NIO is booming, Xiaopeng is left behind, and the Xiaomi SU7 delivered over 7,000 vehicles in the first month
On the first day of the May 1st holiday, domestic electric vehicle companies' delivery reports were released one after another!
Prodelight --- ICT-Link SIP terminal “Yealink” sales partner case study released
Prodelight ＜5580＞ revealed ICT-Link's Yealink introduction and sales partner case study on the 30th. The company provides the cloud telephone system “INNOVERA,” and is taking on the challenge of developing innovative systems. Yealink is a global IP communication equipment manufacturer that focuses on the IP communication area and makes use of high quality, high flexibility, wide compatibility, and speedy specialized technical support. ICT-Link is a good friend
Vanke waited for God's assist
A tough battle.