The European Union Chamber of Commerce in China today published its European Business in China Position Paper 2024/2025, which focuses on the urgent need for the Chinese authorities to follow through on reform pledges announced in the past year, with business confidence now at an all-time low.
The Position Paper 2024/2025 details the challenges faced by European companies operating in China and provides 1,043 constructive recommendations to the Chinese Government on how they can be resolved.
$BYD Company Limited (002594.SZ)$ $BYD COMPANY (01211.HK)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $XPeng (XPEV.US)$ $XPENG-W (09868.HK)$ $SMIC (00981.HK)$ $Contemporary Amperex Technology (300750.SZ)$

Asked whether $Contemporary Amperex Technology (300750.SZ)$ 's lithium plant in Yichun had halted production, industry insiders replied, "Yes, it has."
In August, CATL achieved 20.98 GWh in power battery installations, ranking first in China’s power battery market with a 44.46% market share, down 2.84 percentage points from the previous month. BYD followed in second place with 11.78 GWh of installed capacity, holding a 24.96% market share. The gap between $BYD Company Limited (002594.SZ)$ and CATL ...

A research report from Citi indicates that China's battery giant $Contemporary Amperex Technology (300750.SZ)$ is considering whether to suspend mining operations at a lithium mica site in eastern China, as well as one of its three lithium carbonate production lines.
This news has triggered a rebound in the stock prices of Chinese lithium mining companies, with lithium carbonate futures surging by 8% in the afternoon.
$The Concept of the Ningde Era (BK0398)$

Fortune announced that it published the Fortune China Top 50 Techs list for the first time this year, in an attempt to identify China-born technology companies that are influencing the world.
The companies on the list included $Huawei Hongmong (BK0795)$ , $BYD COMPANY (01211.HK)$ $Contemporary Amperex Technology (300750.SZ)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $XIAOMI-W (01810.HK)$ $BIDU-SW (09888.HK)$ $ByteDance (FT0001.FT)$ $JD-SW (09618.HK)$ $LENOVO GROUP (00992.HK)$ $XPENG-W (09868.HK)$ $WUXI XDC (02268.HK)$ , etc. ...

Support the development of E-Sports, social e-commerce, and live e-commerce. $TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $NetEase (NTES.US)$ $NTES-S (09999.HK)$ $BABA-W (09988.HK)$ $Alibaba (BABA.US)$ $JD-SW (09618.HK)$ $JD.com (JD.US)$
Improve the quality of online literature, performances, and online games, and deepen the governance of complex TV charges.
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In Q2 2024, $Contemporary Amperex Technology (300750.SZ)$ achieved revenue of 86.996 billion yuan, down 13.18% YoY but up 9.06% QoQ.
Net profit was 12.355 billion yuan, up 13.4% YoY and 17.55% QoQ.

$Contemporary Amperex Technology (300750.SZ)$ has surpassed Kweichow Moutai, with Tencent Holdings becoming the third-largest holding for public mutual funds. As of the end of Q2 this year, the top 50 holdings of public mutual funds are primarily distributed across consumer goods and services, as well as the information technology sector.

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.
$Contemporary Amperex Technology (300750.SZ)$