"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.
Contemporary Amperex Technology's headquarters Z base caught fire. Previously named as the world's first 'lighthouse factory' in the lithium battery industry.
1. Today at noon, a fire broke out at the Z base factory at the headquarters of contemporary amperex technology; 2. As of around 17:30 in the afternoon, the fire has been preliminarily controlled; 3. Earlier, the Z base was rated as the world's first 'lighthouse factory' in the lithium battery industry.
Capacity going global again with yunnan energy new material planning to invest 2 billion yuan in building a separator project in Malaysia | Quick read announcement
①yunnan energy new material plans to invest 2 billion yuan to build a membrane isolation project in Malaysia, with a planned construction capacity of approximately 1 billion square meters per year; ②since the beginning of this year, the company has continued to increase its overseas production capacity construction plans and announced in June a planned investment of 0.447 billion euros in the second phase of Hungary.
Photovoltaic supporting capacity accelerates migration! Hangzhou first applied material adjusts the investment and financing plan twice to increase investment in Southeast Asia | Quick announcement.
① Hangzhou First Applied Material reallocates funds from Guangdong film project to support the development of film in Thailand; ② The photovoltaic industry is turbulent, and this is the second time the company has adjusted the content of fundraising projects; ③ The company claims that overseas film orders are full, but there is a significant capacity gap; ④ The volatility of the Southeast Asian photovoltaic industry has attracted attention to its sustainability.
The European Union car market is shrouded in gloom: new car sales in August hit a three-year low, with EV sales falling sharply by 43% year-on-year.
① The EU's new car sales in August fell by an astonishing 18.3% year-on-year, reaching the lowest level in three years; ② The European Automobile Manufacturers Association (EAMA) stated that sales of electric cars in the EU in August fell by 43.9% year-on-year, marking the fourth consecutive month of decline.
The substrate factory of Sanan Optoelectronics has been illuminated! The silicon carbide industry chain is accelerating its attack on the 8-inch wafer. Several manufacturers have revealed new progress | Industry News.
①The third-generation semiconductor material silicon carbide (SiC) continues to evolve towards larger sizes, with frequent news of 8-inch silicon carbide. ②Sanan Optoelectronics stated that the chongqing Sanan project has already achieved the lighting and passivation of the substrate factory; Tianyue advanced 8-inch conductive silicon carbide substrates have now been delivered in batches. ③Analysis indicates that 8-inch wafers will help silicon carbide devices achieve large-scale commercialization in more application areas.