faw jiefang group and changchun faway automobile components both plan to 'clear out' faw finance, with compliance being the main reason.
On the evening of October 21, FAW Jiefang and Changchun Faway Automobile Components both announced that they plan to transfer 21.8393% and 6.44% of their respective FAW finance equity to FAW Group by non-public agreement. On October 22, a staff member of the secretary's office of Changchun Faway explained that one of the reasons for this transfer is to implement the financial company regulatory requirements of the conglomerates.
Tesla's Robotaxi is about to debut, analyzing the core beneficiary symbols.
Tesla will hold the Robotaxi autonomous driving taxi unveiling event on October 11th Beijing time.
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