$Tesla (TSLA.US)$ Chinese electric vehicles are proving popular outside the local market and are gaining ground not only in Europe but also in Australia. The MG4 became the country's best-selling EV in Oct. With nearly 1,500 units sold last month, the MG4 dethroned the Tesla Model Y, which managed just over 1,000 sales (down from nearly 1,500 a month before). In third place came the Model 3 with 422 sales, followed by the BYD Atto3 with 330 sales a...
How the Six-Day China Rally Stacks Up to Other Major Market Events* Fueled by aggressive economic stimulus package, an amazing run-up occurred in China equities ahead of PRC National Day. The streak continued when the market reopened after a one-week break. On October 8th, 4,976 stocks opened up by 9% or more; only 5 stocks opened down. All in all, benchmark index CSI300 posted a 32% gain in SIX trading DAYs. The amount of time taken for the US market to rebound 3...
10baggerbamm
102329055
:
are you kidding me I got news for you if China does not stimulate again the economy in a very big way Monday you're going to lose BIG%, it's going to be a gap down before you can even get out. if they do this monster gargantuan stimulus that's was supposedly going to happen on Monday if they do that on Saturday then it's an enormous Gap up on Monday morning it won't be as high as the last leg up the first time and that's because the first time you had huge shorts in the marketplace but you will see about a 50% retracement of what the former high was to the recent sell off the lows this week
Btan
:
If this is true, China is playing the same card as US. This will disrupt the movements in China funds. Especially when Baba is cooperating with Nividia
considerate Kiwi_974
:
Is time to short Nvidia. Some news about SMCI and Nvidia cooked their books. Think Nvidia will be called for investigation soon. No wonder Huang kept selling his shares.
$General Motors (GM.US)$$SAIC Motor Corporation (600104.SH)$ GM's joint venture, SAIC-GM-Wuling (SGMW), is making a bid for attention with its first-ever new energy concept car, unveiled during the company's future strategy presentation for the ASEAN markets. And what better way to stand out than with a futuristic, low-slung coupe featuring gigantic gullwing doors? Called the "Light of ASEAN," this concept serves as a preview of the des...
BelleWeather
:
Asia gets the best cars! (I hope Tesla succeeds in other aspects of their business, so I understand the need to, um, stifle competition.)
$Chongqing Sokon Industry Group Stock (601127.SH)$ Huawei Technologies is inviting more carmakers to invest in its smart-car unit as it looks to diversify and expand its interest in China's fast-growing electric vehicle (EV) sector, according to Xinhua News Agency. The telecoms equipment manufacturer is opening the door to outside investors to help turn its unit Shenzhen Yinwang Intelligent Technology into an open-so...
SoundOfMusic
:
Huawei is behind Xpeng in smartification, so they are asking for help from third parties. The smart thing to do is to license the smartification technologies from Xpeng, who owns the full stack. Make Xpeng the China champion in smart driving to compete with Tesla. Reinventing the smartification wheel for Huawei is super expensive and misallocation of capital. Another point is open source smartification is dangerous. Have you seen the supply chain attack by Israel? How can people have confidence to drive a smart car, not exactly knowing where the software is from at 120km/hr? Xpeng owns the full stack to do L4+ in two years time.
Chinese electric vehicles are proving popular outside the local market and are gaining ground not only in Europe but also in Australia. The MG4 became the country's best-selling EV in Oct. With nearly 1,500 units sold last month, the MG4 dethroned the Tesla Model Y, which managed just over 1,000 sales (down from nearly 1,500 a month before).
In third place came the Model 3 with 422 sales, followed by the BYD Atto3 with 330 sales a...
Fueled by aggressive economic stimulus package, an amazing run-up occurred in China equities ahead of PRC National Day. The streak continued when the market reopened after a one-week break.
On October 8th, 4,976 stocks opened up by 9% or more; only 5 stocks opened down. All in all, benchmark index CSI300 posted a 32% gain in SIX trading DAYs.
The amount of time taken for the US market to rebound 3...
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GM's joint venture, SAIC-GM-Wuling (SGMW), is making a bid for attention with its first-ever new energy concept car, unveiled during the company's future strategy presentation for the ASEAN markets. And what better way to stand out than with a futuristic, low-slung coupe featuring gigantic gullwing doors?
Called the "Light of ASEAN," this concept serves as a preview of the des...
Huawei Technologies is inviting more carmakers to invest in its smart-car unit as it looks to diversify and expand its interest in China's fast-growing electric vehicle (EV) sector, according to Xinhua News Agency.
The telecoms equipment manufacturer is opening the door to outside investors to help turn its unit Shenzhen Yinwang Intelligent Technology into an open-so...
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