Stock market index in Hong Kong
Spotify Technology S.A. (SPOT) Q1 2024 Earnings Call Transcript: Spotify Technology S.A. (NYSE:NYSE:SPOT) Q1 2024 Earnings Conference Call April 23 ...
seekingalpha.com/article/4685308-spotify-technology-s-spot-q1-2024-earnings-call-transcript
Xiaomi locks in over 75,000 orders for SU7 car, targets over 10,000 deliveries in June
reuters.com/business/autos-transportation/xiaomi-locks-over-75000-orders-su7-car-targets-over-10000-deliveries-june-2024-04-25/
How Volvo landed a cheap Chinese EV on U.S. shores in a trade war : A made-in-China electric vehicle will hit U.S. dealers this summer offering power and ...
nbcnews.com/business/autos/volvo-landed-cheap-chinese-ev-us-shores-trade-war-rcna149349
Xiaomi locks in over 75,000 orders for SU7 car, targets over 10,000 deliveries in June
reut.rs/3xPcmEO
HSBC’s Private Bank Shuts IAM Business in HK, Singapore: HSBC Holdings Plc’s private bank has discontinued its independent asset management business in Hong Kong ...
bloomberg.com/news/articles/2024-04-26/hsbc-s-private-bank-shuts-iam-business-in-hk-singapore
Beijing auto show welcomes world as China's carmakers aim to conquer it: HONG KONG -- Beijing's premier automobile exhibition is back after a four-year ...
asia.nikkei.com/Business/Automobiles/Beijing-auto-show-welcomes-world-as-China-s-carmakers-aim-to-conquer-it
Toyota teams up with Tencent for drive into China's EV market: BEIJING -- Toyota Motor said on Thursday that it is forming a strategic alliance with Chinese ...
asia.nikkei.com/Business/Business-deals/Toyota-teams-up-with-Tencent-for-drive-into-China-s-EV-market
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Quick Glance: Toyota and Tencent Collaborate for Entry into China's EV Market
- Toyota announces strategic alliance with Tencent to develop artificial intelligence, cloud computing, and big data for electric vehicles in China.
- Japanese automaker Toyota has been facing challenges in the Chinese market due to aggressive pricing and marketing by local competitors.
- Collaboration with Tencent focuses on developing in-car software crucial for next-generation vehicles.
- Demand for electric vehicles in China is rapidly growing, and Toyota aims to accelerate in this sector.
Turkey’s ‘Orthodox’ Pivot Makes Lira a Favorite for HSBC: Turkey’s return to a more conventional approach to monetary policy is boosting investor confidence ...
bloomberg.com/news/articles/2024-04-24/turkey-s-orthodox-pivot-makes-lira-a-favorite-for-hsbc
Paid articlePaid Meituan to Debut in Riyadh as Expansion Beyond China Quickens: Meituan is planning to launch its international food-delivery platform in Saudi Arabia’s capital ...
bloomberg.com/news/articles/2024-04-26/meituan-to-debut-in-riyadh-as-expansion-beyond-china-quickens
Ping An Profit Falls as Market Rout Hurt Investment Returns: Ping An Insurance (Group) Co.’s profit dropped 4.3% in the first quarter as stock-market declines ...
bloomberg.com/news/articles/2024-04-23/ping-an-profit-falls-as-market-declines-hurt-investment-returns
Ban or no ban, TikTok artists and advertisers to remain until 'door slams shut': Ban or no ban, TikTok's partners in the music and advertising world plan to ...
reuters.com/technology/tiktok-artists-advertisers-stay-with-app-until-door-slams-shut-2024-04-24/
Chinese Banks Hold Lending Rates With Yuan Under Pressure: Banks in China maintained their benchmark lending rates on Monday, following the Chinese central ...
bloomberg.com/news/articles/2024-04-22/chinese-banks-hold-lending-rates-with-yuan-under-pressure
Paid articlePaid China's Xiaomi jumps into EV market battle with gusto
Smartphone maker hopes to turn 'Apple Car' idea into reality: asia.nikkei.com/Business/Automobiles/China-s-Xiaomi-jumps-into-EV-market-battle-with-gusto
Quick Glance: Xiaomi's Entry into the EV Market Battle
- Xiaomi's new SU7 model EV offers performance equal to or better than that of their much pricier American and European competitors.
- Xiaomi, one of the world's largest smartphone makers, has entered the electric vehicle market, releasing a model that is priced at less than half of EVs offered by Tesla from the U.S. and Porsche from Germany, despite offering better performance than these prestigious brands.
- Xiaomi CEO Lei Jun passionately discussed his company's first EV, the SU7, unveiling the price of the sporty vehicle and technical specifications that surpass the American and German cars.
- The Xiaomi presentation in Beijing on March 28 lasted three hours, with the climax near the end when the price of the vehicle was displayed on screen, prompting applause from the audience.
BYD unveils third ultra-luxury model under Yangwang brand: Chinese electric vehicle maker BYD unveiled the U7, its third ultra-luxury model under the Yangwang ...
reuters.com/business/autos-transportation/byd-unveils-third-ultra-luxury-model-under-yangwang-brand-2024-04-25/
Country Garden Extends Bonds to Avoid First Local Default: Chinese developer Country Garden Holdings Co., one of the biggest symbols of the nation’s broader ...
bloomberg.com/news/articles/2024-04-24/country-garden-extends-bonds-to-avoid-first-local-default
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Russia Is Working on a 128-Core Supercomputing Platform: Report: The country's notoriously ancient computer systems are due for an upgrade.
extremetech.com/computing/russia-is-working-on-a-128-core-supercomputing-platform-report
BHP's proposed bid for Anglo American is a big bet on copper: BHP Group's proposed $39 billion buyout of Anglo American is a big bet on copper that could spark a ...
reuters.com/markets/commodities/bhps-proposed-bid-anglo-american-is-big-bet-copper-2024-04-25/
Quick Glance: BHP Proposes Acquisition to Anglo American
- Anglo American receives BHP buyout proposal, reshaping the copper market.
- The proposal involves BHP acquiring Anglo shares, sparking industry transactions.
- Anglo reviews proposals after profit decline, plans demergers to reduce South Africa exposure.
- The potential deal could make BHP the world's largest copper producer with market impacts.
Focus: China's BYD seeks to redefine luxury for the EV generation: Chinese EV maker BYD will showcase its premium brand's first sedan at the Beijing auto show ...
reuters.com/business/autos-transportation/chinas-byd-seeks-redefine-luxury-ev-generation-2024-04-24/
Russia prepares 128-core server platform for supercomputers: Report: Russia reportedly preps a supercomputer platform based on a 128-core server platform but it ...
tomshardware.com/desktops/servers/russia-prepares-128-core-server-platform-for-supercomputers-report
China's Huawei chip is 'not nearly as good' and 'years behind the U.S.,' top official says
qz.com/china-huawei-chip-us-sanctions-gina-raimondo-1851425501
China's Li Auto cuts car prices in market share battle: Chinese automaker Li Auto on Monday cut prices by around 5% on four of its five models and said it would ...
reuters.com/business/autos-transportation/chinas-li-auto-cuts-car-prices-market-share-battle-2024-04-22/
Bristol Myers Squibb drafts contingency plans for US restrictions on Chinese pharma
ft.com/content/f3b5f2e5-1abc-4848-8ff2-66891d5f5984
HSBC says growing Chinese wealth fuels client investments in US: HSBC's wealthy clients in China and Hong Kong are still eager to invest in the U.S. ...
reuters.com/business/finance/hsbc-says-growing-chinese-wealth-fuels-client-investments-us-2024-04-24/
China's BYD names electric pickup truck BYD Shark: Chinese electric vehicle maker BYD said on Monday its electric pickup truck will be called BYD Shark and will ...
reuters.com/business/autos-transportation/chinas-byd-names-electric-pickup-truck-byd-shark-2024-04-22/
TikTok artists and advertisers to stay with app until 'door slams shut': (Reuters) - Ban or no ban, TikTok's partners in the music and advertising world ...
thestar.com.my/tech/tech-news/2024/04/24/tiktok-artists-and-advertisers-to-stay-with-app-until-039door-slams-shut039
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
China Drains Cash From Banking System Amid Yuan (CNY USD) Pressures: China withdrew cash from the banking system for a second consecutive month ...
bloomberg.com/news/articles/2024-04-15/china-drains-cash-via-mlf-for-second-month-amid-yuan-concern
Paid articlePaid An electric vehicle price war may be on the horizon, China’s state planner has warned, as it reported over 110 new energy vehicle models coming in 2024 ... Show more www.reuters.com/world/china/prices-evs-plug-in-hybrids-fall-chinese-city-shenzhen-state-planner-says-2024-04-22/
Electric-Vehicle Maker Polestar Is Making a Smartphone as a Companion to Its Cars
cnet.com/tech/electric-vehicle-maker-polestar-is-making-a-smartphone-as-a-companion-to-its-cars/
China's EV survival game creates peril - and power: By most measures, the last thing China needs is more electric cars crowding a market with more losers than ...
reuters.com/world/china/chinas-ev-survival-game-creates-peril-power-2024-04-24/
Baidu: AI Boom At Mind Boggling Valuation: Baidu is a leader in the Chinese generative AI market and has multiple paths to success. Click here to read why BIDU ...
seekingalpha.com/article/4684942-baidu-ai-boom-at-mind-boggling-valuation
Paid articlePaid Tencent to release 'Dungeon and Fighter' mobile game in May after seven years: Chinese tech giant Tencent Holdings said on Monday that it will release its ...
reuters.com/technology/tencent-release-dungeon-fighter-mobile-game-may-after-seven-years-2024-04-22/
The relationships between AfD politicians and China and Russia are close. It is therefore implausible to pretend to be clueless when it comes to suspicions of ... Show more taz.de/AfD-Mitarbeiter-wegen-Spionage-verhaftet/!6003400/
Quick Glance: Investigation of Possible Payments from China and Russia to Maximilian Krah
- The General Prosecutor's Office in Dresden has officially initiated investigations against Maximilian Krah due to potential financial flows from Russian and Chinese sources.
- The AfD lead candidate for the European Parliament elections, Maximilian Krah, is the subject of two preliminary investigations at the General Prosecutor's Office in Dresden.
- Towards the end of last year, Krah was questioned by the FBI about possible payments from Kremlin-related sources, allegedly carrying a four-digit sum of money at that time.
- On Monday evening, German authorities arrested Jian G., a close associate of Krah, who is suspected of spying for the Chinese intelligence service in Germany.
Beijing auto show: Themes and highlights: China's largest auto show opened in Beijing with the biggest names showing off their latest electric vehicles (EVs) ...
reuters.com/business/autos-transportation/beijing-auto-show-themes-highlights-2024-04-26/
UTME 2024: Nigerians lambast JAMB over examination 7 a.m. exam schedule: JAMB Spokesperson Fabian Benjamin told PREMIUM TIMES on Sunday that the examination ...
premiumtimesng.com/news/top-news/687965-utme-2024-nigerians-lambast-jamb-over-examination-7-a-m-exam-schedule.html
Apple loses smartphone crown to Samsung as Chinese rivals gain ground: iPhone sales fall 10 per cent in first quarter of 2024 while groups including Xiaomi and ...
ft.com/content/2c13254b-9995-4408-b02b-6f07ce706b8e
Quick Glance: Samsung Takes Smartphone Crown from Apple
- Apple loses top position in the global smartphone market to Samsung as Chinese competitors gain traction.
- Samsung regains its status as the world's largest smartphone manufacturer in the first quarter of 2024, just three months after Apple claimed the top spot.
- The market's strongest growth comes from two Chinese manufacturers, while Apple continues to face challenges in the world's largest smartphone market.
- Despite an overall increase in global smartphone shipments, Apple experiences a decline in iPhone sales in China and misses out on much of the broader industry recovery.
China Loosens Grip on Yuan by Weakening Fix Amid Dollar Strength: China unexpectedly weakened its yuan defense as pressure from a resurgent dollar and poor ...
bloomberg.com/news/articles/2024-04-16/china-loosens-grip-on-yuan-by-weakening-fixing-as-dollar-gains
Paid articlePaid Xiaomi says sales of its electric car 3-5 times higher than expected: Sales of Chinese smartphone maker Xiaomi's first electric car have been 3-5 times higher ...
reuters.com/business/autos-transportation/xiaomi-says-sales-its-new-ev-have-been-3-5-times-higher-than-expected-2024-04-18/
Hong Kong Stocks Are Looking Hot Again as Chinese Money Pours In: Suddenly, Hong Kong stocks are hot again with Chinese investors on a buying spree.
bloomberg.com/news/articles/2024-04-25/hong-kong-stocks-are-looking-hot-again-as-chinese-money-pours-in
Paid articlePaid Toyota partners with Tencent to appeal to young Chinese drivers: Toyota Motor on Thursday said it will partner Chinese gaming and social media leader Tencent in ...
reuters.com/markets/asia/toyota-says-partner-with-tencent-china-2024-04-25/
Mandopop star Jay Chou to perform three shows at National Stadium in October: It will be the third time the Taiwanese singer's Carnival World Tour is staged in ...
straitstimes.com/life/entertainment/mandopop-star-jay-chou-to-perform-three-shows-at-national-stadium-in-october
Taylor Swift’s new album sells 1.6mn copies in US in single day: Large proportion of sales come from traditional vinyl and CD formats
ft.com/content/7c1356a3-1350-4290-93c2-d9c8d9d393f6
BYD unveils Denza Z9GT, elevating China's EV luxury segment : Chinese electric vehicle (EV) manufacturer BYD is set to debut its upscale brand, Denza ...
wionews.com/business-economy/byd-unveils-denza-z9gt-elevating-chinas-ev-luxury-segment-714787
Tencent Shares Climb Most in Months as Blockbuster Debuts Early: Tencent Holdings Ltd. shares staged their biggest rally since February after China’s biggest ...
bloomberg.com/news/articles/2024-04-22/tencent-shares-climb-most-in-months-as-blockbuster-debuts-early
Samsung retakes spot as top-selling phonemaker over Apple: Samsung ranked as the top seller among smartphone manufacturers in the first quarter, edging out Apple ...
thehill.com/business/4594854-samsung-retakes-spot-as-top-selling-phonemaker-over-apple/
Quick Glance: iPhone sales plummet. Here's why
- Apple’s smartphone sales dropped by 10% last quarter, primarily due to a sharp decline in sales in China.
- Samsung had been the top smartphone manufacturer for 12 years, but Apple briefly took the top spot last year.
- The global smartphone market is showing signs of recovery with a 7.8% increase in smartphone shipments in the first quarter of 2024.
- Despite expectations for Apple and Samsung to maintain their market dominance, the rise of Huawei and other Chinese manufacturers like Xiaomi and OPPO/OnePlus may continue.
Tencent Shares Blow Past Magnificent Seven on China Tech Outlook: Shares of Tencent Holdings Ltd. have surged more than 10% this month, outperforming the ...
bloomberg.com/news/articles/2024-04-24/tencent-shares-blow-past-magnificent-seven-on-china-tech-outlook
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Jelly Roll’s wife, Bunnie XO, says bullying over his weight drove the star off social media
cnn.com/2024/04/23/entertainment/jelly-roll-wife-bunnie-bullying/
Exclusive: China's Sinopec charts global expansion with refinery in rival India's backyard
reuters.com/markets/commodities/chinas-sinopec-charts-global-expansion-with-refinery-rival-indias-backyard-2024-04-25/
Abu Dhabi Re-enters Eurobond Market for First Time Since 2021: Abu Dhabi is selling its first eurobonds since 2021.
bloomberg.com/news/articles/2024-04-23/abu-dhabi-re-enters-eurobond-market-for-first-time-since-2021
Paid articlePaid To beat China EVs, Honda supplier and ArcelorMittal look beyond gigacasting: TOKYO -- Honda Motor group supplier G-Tekt will partner with global steelmaking ...
asia.nikkei.com/Business/Automobiles/To-beat-China-EVs-Honda-supplier-and-ArcelorMittal-look-beyond-gigacasting
Paid articlePaid
Polestar may use US plant to sell cars to Europe as EU-China tension rises: Chinese-backed Swedish electric vehicle (EV) maker Polestar Automotive is preparing ...
reuters.com/business/autos-transportation/polestar-may-use-us-plant-sell-cars-europe-eu-china-tension-rises-2024-04-24/
Apple's (AAPL) IPhone Sales in China Falls to Worst Level Since 2020: Apple Inc.’s iPhone sales in China fell 19% during the March quarter ...
bloomberg.com/news/articles/2024-04-23/apple-s-china-iphone-sales-dive-19-in-worst-quarter-since-2020
12 Chinese carmakers form ‘supercharge alliance’: EV race to go on overdrive?: BYD, BAIC, GAC, Xpeng, Chery, JAC, Great Wall, Li Auto announce deal to unite on ...
gulfnews.com/auto/news/12-chinese-carmakers-form-supercharge-alliance-ev-race-to-go-on-overdrive-1.1714064061436
China Set to Keep Key Rate, Liquidity Steady to Cement Recovery: China may hold a key interest rate and make liquidity abundant this week when a policy loan ...
bloomberg.com/news/articles/2024-04-14/china-set-to-keep-key-rate-liquidity-steady-to-cement-recovery
Paid articlePaid Stranded cargo shows credit challenges at Nigeria's Dangote refinery: Chinese state energy major PetroChina has been waiting to unload a cargo of U.S ...
reuters.com/markets/commodities/stranded-cargo-shows-credit-challenges-nigerias-dangote-refinery-2024-04-25/
Malaysia Weighs Opening Casino in Forest City in Potential Boon for King Ibrahim: Malaysia is in early discussions with tycoons on opening a casino in Forest ...
bloomberg.com/news/articles/2024-04-24/malaysia-weighs-opening-casino-in-forest-city-in-potential-boon-for-king-ibrahim
Paid articlePaid Mercedes says it will continue to invest in China tie-ups: Mercedes Benz's China chief said on Thursday the company would continue to invest in tie-ups with ...
reuters.com/business/autos-transportation/mercedes-benz-shows-off-electric-line-up-beijing-autoshow-not-giving-up-2024-04-25/
'We are poisoned, everything is polluted': In a Serbian village, women fight to escape an encroaching mine they say is contaminating their local land and water ... Show more www.reuters.com/investigates/special-report/serbia-mine-village/
China Ramps Up Scrutiny of Illegal Bond Trading on Bubble Risks: China is looking into potentially illegal bond trading behavior by some financial firms ...
bloomberg.com/news/articles/2024-04-15/china-ramps-up-scrutiny-of-illegal-bond-trading-on-bubble-risks
Paid articlePaid
America’s moves against Chinese biotech will hurt patients at home : The motives behind the BIOSECURE act are muddy
economist.com/leaders/2024/04/18/americas-moves-against-chinese-biotech-will-hurt-patients-at-home
Volvo and CATL have big plans for old EV batteries: Volvo and battery giant CATL are teaming up to turn old EV batteries into new ones. The partnership aims to.. ...
electrek.co/2024/04/18/volvo-catl-big-plans-old-ev-batteries/
China's Xiaomi is selling more EVs than expected, raising hopes it can break even sooner
cnbc.com/2024/04/24/chinas-xiaomi-is-selling-so-many-electric-cars-its-closer-to-breaking-even.html
Exclusive: Mexico, facing US pressure, will halt incentives to Chinese EV makers: Mexico's federal government, under pressure from the U.S., is keeping Chinese ...
reuters.com/business/autos-transportation/mexico-facing-us-pressure-will-halt-incentives-chinese-ev-makers-2024-04-18/
Quick Glance: Mexico Ends Incentives for Chinese Electric Vehicle Manufacturers
- Under US pressure, Mexico discontinues incentives for Chinese car manufacturers.
- US pressure compels Mexico to avoid Chinese automakers.
- Mexico caught in the middle of car wars between the US and China.
- US pressure leads to Mexico ceasing incentives for Chinese electric vehicles.
NEW: Taylor Swift’s "The Tortured Poets Department" is already Spotify’s most-streamed album in a single day this year ... Show more www.nbcnews.com/pop-culture/pop-culture-news/live-blog/taylor-swift-album-tortured-poets-live-updates-rcna147489
Automakers hope for a cut as two-way EV charging becomes real: Automakers from General Motors to Volvo Cars , alongside utilities and charging app operators are ...
reut.rs/4aEL8iG
Tesla to lay off more than 10% of staff globally as sales fall: Tesla will lay off more than 10 per cent of its global workforce, an internal memo seen by ...
channelnewsasia.com/business/tesla-layoffs-shares-fall-sales-slowdown-china-price-war-byd-xiaomi-4266676
Apple iPhone sales drop 19% in China as demand for Huawei smartphones soars, research says
cnbc.com/2024/04/23/apple-iphone-sales-drop-19percent-in-china-as-huawei-demand-soars-counterpoint.html
Chinese online retailer global.jd.com/ is turning to a digital avatar of its founder, Richard Liu, to host live sales as it fights to compete in the nation's thriving ... Show more asia.nikkei.com/Business/Technology/JD.com-enlists-digital-Richard-Liu-avatar-in-live-commerce-battle
HSBC Cuts a Dozen Investment Bankers in Asia on Deals Slump: HSBC Holdings Plc has started a new round of job cuts at its Asia investment bank amid a slump in ...
bloomberg.com/news/articles/2024-04-16/hsbc-cuts-a-dozen-investment-bankers-in-asia-on-deals-slump
Paid articlePaid
Looking for a new job? Haidilao is hiring a private tutor, offers pay of at least $4,500
asiaone.com/lifestyle/looking-new-job-haidilao-hiring-private-tutor-offers-pay-least-4500
Country Garden Seeks to Extend Some Onshore Bonds Again - Bloomberg: Country Garden Holdings Co. is pushing back some onshore bond payments to later dates ...
bloomberg.com/news/articles/2024-04-16/country-garden-seeks-to-extend-some-onshore-bonds-again
Paid articlePaid Own a brand new electric vehicle for less than US$10,000? That's a reality Chinese automaker Build Your Dreams (BYD) is promising ... Show more
The FT’s markets and finance blog did the work so you don’t have to. www.ft.com/content/5d309b5d-936b-421a-b562-76a5e55499d2
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