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EU Votes To Impose Tariff On China EVs, Beijing Warns On Harms
JPMorgan increased its shareholding in several Chinese companies including Xiaopeng.
JPMorgan significantly increased its investment in assets in China. In a single trading day, JPMorgan invested approximately 1.286 billion Hong Kong dollars in stocks of several large Chinese companies. According to data from the Hong Kong Stock Exchange, JPMorgan increased its shareholding in Xpeng by approximately 0.639 billion Hong Kong dollars, raising its shareholding from 4.57% to 5.35%. Additionally, it increased its investment in Kanzhun by approximately 0.138 billion Hong Kong dollars, raising its shareholding from 9.88% to 10.05%. The investment bank also increased its shareholding in Zijin Mining Group by 0.222 billion Hong Kong dollars, raising its shareholding from 6.98% to 7.
EU to Move Ahead With New Tariffs on Chinese-Made EVs
[Brokerage Focus] citic sec points out strong demand in peak season, overweighting autos sector
Golden Finance News | Citic Securities stated that the peak season demand is strong, overweighting the automotive sector. Driven by policies and peak season demand, the bank expects passenger vehicle sales volume in Mainland China in September to grow by more than 5% year-on-year. The bank noticed that major electric vehicle manufacturers like Leapmotor (09863), Li Auto Inc (02015), byd company limited (01211), and Xiaopeng (09868; driven by MONA) have good momentum in orders and deliveries. Due to strong sales and low discounts, the bank expects leading OEMs to have a good profit performance in the third quarter of 2024. In addition, the bank believes that both tesla (TSLAUS) and china
Foreign investment accelerates its position building! Several companies listed in Hong Kong have announced that JPMorgan increased its shareholding in BYD Company Limited and others by over 4.1 billion Hong Kong dollars in just one day.
① On what date did J.P. Morgan Chase start to increase its Hong Kong stock holdings by a large amount? ② Which individual stocks has this institution mainly increased its holdings?
"China Dragon" ETF landed on Wall Street as the bull market returns, benchmarking the seven major ETFs in the US.
A new ETF called DRAG, "China Dragon", tracking the performance of major Chinese companies has landed on the US stock market. Its components currently include Tencent, Pinduoduo, Alibaba, Meituan, BYD, Xiaomi, JD.com, Baidu, and Netease. DRAG aims to track an equally weighted basket of stocks composed of the 5 to 10 largest and most innovative Chinese technology companies. This ETF will be rebalanced quarterly.
fk T : How come this kind of news is released as soon as it rises?
bullrider_21 OP fk T : Things are not as good as it seems.
liquidgold : Elon must have enough of talk only do nothing of certain people. Saw a tiktok dedicated to naming those whom been asked to leave Corp America because of talk a lot but deliver none.
bullrider_21 OP liquidgold : Elon himself over-promise and under-deliver.