$NIO Inc (NIO.US)$ Nio (NYSE:NIONIO) has temporarily paused production at two plants in Hefei, Anhui province amid local Covid prevention and control requirements, CnEVPost reported reported on Tuesday citing local media outlet 36kr.
Since mid-October, the Chinese EVmaker's production has started to face challenges amid Covid curbs. According to the report, Nio's JAC-NIO F1 plant was originally planned to shut down production for 3-5 days, but then the lockdown time...

$Alibaba (BABA.US)$ and gang are very sensitive to fed interest rate. from the chart, you can observe that once fed interest rate hits 0.5% the stocks tanked.
$U.S. 2-Year Treasury Notes Yield (US2Y.BD)$ is very sensitive to fed interest rate and is forward looking, it has already priced in 4.5% of interest rate hike and it is still pushing higher. this in turn strengthens usd and create havoc around the world especially asian currencies.
$Hang Seng Index (800000.HK)$ correlates with...