In an effort to reclaim the top spot in domestic sales, Huawei announced a summer promotion for the Pura 70 series, offering discounts of 500-1,000 yuan. This means that just three months after its pre-sale launch, the Pura 70 series is finally seeing a price reduction.
With this adjustment, the Pura 70 series price range is now 4,999-9,999 yuan, officially bringing the price below 10,000 yuan, although the starting price for the s...
With this adjustment, the Pura 70 series price range is now 4,999-9,999 yuan, officially bringing the price below 10,000 yuan, although the starting price for the s...
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Will treat foreign and domestic companies on the same basis, ensuring foreign companies have equal access to government procurements.
$BYD COMPANY(01211.HK$ $BYD Company Limited(002594.SZ$ $Tesla(TSLA.US$ $NIO-SW(09866.HK$ $NIO Inc. USD OV(NIO.SG$ $NIO Inc(NIO.US$ $BAYER MOTOREN WERK(BMWYY.US$
$BYD COMPANY(01211.HK$ $BYD Company Limited(002594.SZ$ $Tesla(TSLA.US$ $NIO-SW(09866.HK$ $NIO Inc. USD OV(NIO.SG$ $NIO Inc(NIO.US$ $BAYER MOTOREN WERK(BMWYY.US$
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The market seems indifferent to the central bank's measures to support the sale of long-term government bonds.
![China's 30-year bond futures rise to the highest since July 1.](https://sgsnsimg.moomoo.com/sns_client_feed/103055095/20240722/97c2743c24c396de2674f16ecb5cd073.jpg/thumb?area=101&is_public=true)
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PBOC's move aims to increase tradable bonds' scale and ease the bond market's supply and demand pressure, as the recent poor performance of risk assets in China has led to a scarcity of mid- to long-term assets, especially government bonds.
$BANK OF CHINA(03988.HK$ $HKEX(00388.HK$ $XIAOMI-W(01810.HK$ $BABA-SW(09988.HK$ $TENCENT(00700.HK$
$BANK OF CHINA(03988.HK$ $HKEX(00388.HK$ $XIAOMI-W(01810.HK$ $BABA-SW(09988.HK$ $TENCENT(00700.HK$
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As for techs, $BABA-SW(09988.HK$ opened flat at $73.8. $TENCENT(00700.HK$ lifted 0.9% at $367.2. $MEITUAN-W(03690.HK$ hiked 1.2%. $KUAISHOU-W(01024.HK$ and $BILIBILI-W(09626.HK$ sank 1.4% and 2.6%. $XIAOMI-W(01810.HK$ and $JD-SW(09618.HK$ lifted 0.2% and 0.1%. $SUNNY OPTICAL(02382.HK$ forecasted a profit of over RMB1 billion in 1H24, with a growth of 1.4-1.6x, and its share price opened 2% higher at $49.5.
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$Hang Seng Index(800000.HK$ opened 47 pts or 0.3% higher at 17,465. $Hang Seng China Enterprises Index(800100.HK$ opened 15 pts or 0.3% higher at 6,181. $Hang Seng TECH Index(800700.HK$ opened 13 pts or 0.4% higher at 3,550.
As for EVs, $BYD COMPANY(01211.HK$ gained 0.6% at $244.4. $LI AUTO-W(02015.HK$ and $NIO-SW(09866.HK$ fell 0.3% and 0.8%. $XPENG-W(09868.HK$ surged 2.9%.
As for EVs, $BYD COMPANY(01211.HK$ gained 0.6% at $244.4. $LI AUTO-W(02015.HK$ and $NIO-SW(09866.HK$ fell 0.3% and 0.8%. $XPENG-W(09868.HK$ surged 2.9%.
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Goldman Sachs cuts China 2024 GDP forecast to 4.9% from 5.0% and raises 2025 forecast to 4.3% from 4.2%.
$KraneShares CSI China Internet ETF(KWEB.US$ $Global X MSCI China Consumer Discretionary ETF(CHIQ.US$ $BABA-SW(09988.HK$ $TENCENT(00700.HK$ $XIAOMI-W(01810.HK$ $BIDU-SW(09888.HK$
$KraneShares CSI China Internet ETF(KWEB.US$ $Global X MSCI China Consumer Discretionary ETF(CHIQ.US$ $BABA-SW(09988.HK$ $TENCENT(00700.HK$ $XIAOMI-W(01810.HK$ $BIDU-SW(09888.HK$
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China accounted for just 19% of Temasek's portfolio as of March, while investments in the Americas made up 22% of assets, second only to Singapore at 27%.
Temasek has long been one of the biggest institutional investors in China, which accounted for 29% of its portfolio as recently as 2020.
Per Bloomberg
$Alibaba(BABA.US$ $BABA-SW(09988.HK$ $TENCENT(00700.HK$ $Tencent(TCEHY.US$ $MEITUAN-W(03690.HK$ $Meituan ADR(MPNGY.US$ $JD.com(JD.US$ $JD-SW(09618.HK$ $Cainiao Smart Logistics Network Limited(810537.HK$ $KUAISHOU-W(01024.HK$ $XIAOMI-W(01810.HK$ $CCB(00939.HK$ $BANK OF CHINA(03988.HK$
Temasek has long been one of the biggest institutional investors in China, which accounted for 29% of its portfolio as recently as 2020.
Per Bloomberg
$Alibaba(BABA.US$ $BABA-SW(09988.HK$ $TENCENT(00700.HK$ $Tencent(TCEHY.US$ $MEITUAN-W(03690.HK$ $Meituan ADR(MPNGY.US$ $JD.com(JD.US$ $JD-SW(09618.HK$ $Cainiao Smart Logistics Network Limited(810537.HK$ $KUAISHOU-W(01024.HK$ $XIAOMI-W(01810.HK$ $CCB(00939.HK$ $BANK OF CHINA(03988.HK$
![Picture](https://sgsnsimg.moomoo.com/sns_client_feed/103055095/20240719/2aae5c2b440942f99fd817c20f8b9dac.jpg/thumb?area=101&is_public=true)
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Russia's Nornickel is in talks with several Chinese battery companies to build a plant jointly producing nickel material from Russian semi-finished products.-Reuters
CNGR Advanced Material and Brunp Recycling, a subsidiary of Chinese battery giant CATL, are among the firms approached by Nornickel.
$Contemporary Amperex Technology(300750.SZ$
CNGR Advanced Material and Brunp Recycling, a subsidiary of Chinese battery giant CATL, are among the firms approached by Nornickel.
$Contemporary Amperex Technology(300750.SZ$
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