Nio Joins Tesla, Nvidia, Palantir in Most Active Stock Options: Options Chatter

Luzi Ann SantosMar 11 14:11 ET · Movers

Geely Autos' subsidiary plans to establish a joint venture company to engage in intelligent driving Business.

Geely Autos (00175) announced that on March 2, 2025, Zhejiang Jirun (a subsidiary of the company), Liangjiang Industrial Fund, Chongqing Industrial Mother Fund, Chongqing Maichi, Lotus Technology Siasun Robot&Automation, Qianli Technology, and Jianghehui signed a framework agreement for a joint venture. The parties conditionally agree to establish a joint venture company to engage in autonomous driving business. After the completion of the transaction, the group, Chongqing Maichi, Qianli Partnership, Lotus Technology Siasun Robot&Automation, and the employee incentive platform will hold 30%, 30%, 30%, 5%, and 5% of the interests in the joint venture company, respectively. The announcement stated that the joint venture company will integrate the parties' resources in intelligent driving technology, R&D resources, and capital.

Sina Hong Kong StocksMar 2 19:52 ET

The AI boom has catalyzed the rise of Smart Automobiles, with several Funds surging over 10%. How is the market expected to perform in the future?

① Since the beginning of this year, multiple Smart Automobile ETFs have risen over 13%, and two actively managed Smart Automobile themed Funds have increased over 15%; ② Industry insiders believe that the Smart Automobile sector is expected to welcome development opportunities driven by AI technology.

cls.cnFeb 13 21:31 ET

A stock market is closed, but A stock etf is still soaring!

"Bets on China" trades are hot, with funds flowing continuously from A-shares during holidays to Hong Kong, US-related ETFs. The ChinaAMC STAR50 ETF listed in Hong Kong once rose over 200%, with many Chinese concept stock ETFs soaring together. Market observers have noticed that funds from other regions in Asia are flowing back into the Chinese stock market.

wallstreetcnOct 3, 2024 01:08 ET