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DiDi Global Inc announced a half-day holiday for female employees on the afternoon of March 7.
Sina Technology reported on the afternoon of March 6, that DiDi announced in an email, "This year, the company has specially arranged a half-day welfare leave for all female DiDi employees on the afternoon of March 7 (this leave is a special welfare leave and will not be rescheduled), and we wish everyone a happy holiday in advance!" At the same time, the DiDi Women's Alliance has also prepared a gift for each female employee, including hand cream, lip essence, and a makeup bag.
China's Two Sessions: Key Takeaways on Stock Price Movements Before and After the Meetings
DiDi Global Inc's autonomous driving division plans to seek funding at a valuation of 5 billion dollars.
There are market reports stating that the Online Car-hailing platform DiDi Global Inc (DIDI) is seeking to raise hundreds of millions of dollars for its autonomous driving division, with a valuation potentially reaching around 5 billion dollars (approximately 39 billion Hong Kong dollars).
Express News | DeepSeek announces open sourcing of five projects next week.
China Central Economic Work Conference: A Key Indicator for Future Market Trends
Tonight, Chinese concepts soared! The nasdaq Golden Dragon index surged by 10%, while fangdd network doubled directly.
Some analysis indicates that the Political Bureau meeting first mentioned stabilizing the stock and real estate markets, and the US stock market quickly rallied on china assets. The 3x Long FTSE china etf surged over 26%, the 2x Long china internet plus-related stocks rose over 22%, the 2x Long FTSE china 50 ETF increased over 17%, and the 2x Long 300etf gained nearly 15%.
China Will Adopt a "Moderately Accommodative" Monetary Policy in the Next Year, The First Shift to Easing Since 2011
Goldman Sachs: Maintains "buy" rating on Xpeng Motors-W with a target price of 46 Hong Kong dollars.
Goldman Sachs released a research report stating that it maintains a "buy" rating for Xpeng Motors-W (09868) with a target price of HKD 46. Looking ahead, Goldman Sachs expressed confidence that investors will focus on Xpeng Motors' MONAM03 and P7+ orders and capacity enhancement progress, the new model production lines and output outlook for 2025, and the potential timing for reaching breakeven. The report noted that Xpeng Motors' gross margin in the third quarter of this year exceeded market expectations, recording a gross margin of 15.3%. Goldman Sachs believes that the improvement in gross margin is mainly due to higher production scale reducing fixed costs per vehicle, as well as further income from Volkswagen's technical services.
SoftBank's second quarter net income reached approximately $7.7 billion, far exceeding market expectations.
Softbank Group announced on Tuesday that it achieved quarterly profit in the second fiscal quarter ending in September, benefiting from a series of successful IPOs of Indian companies it invested in, and the rebound in technology stock valuations boosted the Vision Fund's investment portfolio. The company's net income for the second fiscal quarter was 1.18 trillion yen (approximately $7.7 billion), compared to a net loss of 931 billion yen in the same period last year. This performance far exceeded the average analyst expectation of 295 billion yen. Softbank's Vision Fund reported that strong performance in initial public offerings of Indian startups, as well as investments in Coupang and Didi, contributed to this success.
Express News | U.S.-Listed Shares of Chinese Firms Drop Premarket on Worries Over Growing U.S.-China Trade Tensions Under Trump Presidency
Didi Autonomous Driving announced the completion of Series C $0.298 billion financing, with guangzhou automobile group as the leading investor
Sina Technology News, afternoon of October 22nd, recently, didi global inc autonomous driving announced the completion of Series C round financing of 0.298 billion US dollars, with guangzhou automobile group leading this round of financing and didi participating. The financing funds will be used to increase investment in autonomous driving technology research and accelerate the launch of the first Robotaxi mass-produced vehicle. In April this year, didi's autonomous driving joint venture with GAC Aian, called Andi Technology, received its business license. Both parties will deeply integrate leading autonomous driving technology and mature experience in new energy vehicle manufacturing, and launch the first mass-produced L4 model in 2025. didi CTO and didi autonomous driving CEO, Zhang Bo, said that the L4...
didi global inc responds to illegal mapping incident: unrelated to didi global inc
According to the WeChat public account of 'National Security Department' on the afternoon of October 17th, the national security agency's work has found that a certain overseas company A, through cooperation with B, a company in China with surveying qualifications, used research on smart driving of autos as a cover to illegally conduct geographic information surveying activities within China. With this news coming out, there have been many speculations about who the mentioned companies are. Didi Global Inc responded to this by stating it is unrelated.
Goldman Sachs Raises China Economic Growth Forecasts
Former didi global inc COO Meng Xing joins Wuyuan Capital as a partner.
Sina Technology News, the afternoon of October 9th, according to media reports, Meng Xing, former COO of didi global inc's autonomous driving, has joined Wuyuan Capital as a partner in September 2024. Didi has not commented on this matter as of the deadline. Data shows that Meng Xing previously worked at Shunwei Capital and joined didi in 2019 as the COO of didi's autonomous driving division, reporting to didi's CTO and didi's autonomous driving CEO Zhang Bo.
China's Stocks Lose Steam as Enthusiasm for Major Stimulus Wanes. What's Next?
Today's Pre-Market Movers and Top Ratings | LI, BABA, NKE and More
Express News | Hedge Funds Are Pouring Into ETFs Focusing on Chinese Equities With $2.4 Billion Inflows
Express News | U.S.-Listed Chinese Stocks Surge in Overnight Trading Following Politburo's Commitment to Fiscal Support
US Listed-Chinese Stocks Surge Tuesday on Policy Boost, Who Is Leading the Way
Express News | U.S.-Listed Shares of Chinese Firms Jump Premarket After China Announces Stimulus Measures
