Chinese Stocks Surge Remarkably Chinese equities rallied last week on strong policy signals. The CSI 300 Index surged more than 15%, marking its largest weekly gain since 2008. On Monday, the last trading session before the holiday, the index soared 8.5%, with a historic trading volume, and only eight stocks declined. The$NASDAQ Golden Dragon China (.HXC.US)$Index jumped over 23% over five trading da...
H World Group Limited's share price drop doesn't appear to be revenue-related. The company's underperformance over the past year and half decade may signal unresolved issues. Investors should ensure they're investing in a high quality business.
1. Alibaba’s Singles Day shopping event appears to be off to a relatively good start. As of launch on October 31, the turnover of 71,900 brands on its platform exceeded their turnover for the same day last year. The most popular brands included Apple, Huawei, Haier, and Midea. The figures coming out of the company aren’t as clear this time, as Alibaba (as well as JD) are conscious not to put too much hype on the level of spending ...
1. Chinese EV manufacturer Nio trimmed staff count by 10% after denying rumors early on. The company confirmed plans to reduce staff count to improve operational efficiency in light of growing losses. Projects that fail to contribute to the company’s financial performance within three years will also be shelved or cut. The company delivered 16,074 units in October, a 60% year-on-year increase, but still well below the 20,400 units ...
The rise in new hotels and RevPAR recovery signals franchisees' trust in H World's growth potential. The company's performance mirrors its unique, asset-light management and franchising model that stresses on core business.
1. NIO launches its first smartphone, the NIOPhone It’s a smartphone that NIO CEO Li Bin describes as necessary to allow seamless connection with NIO’s lineup of electric vehicles. The NIOPhone is positioned as a flagship premium smartphone priced between RMB 6,499 ($890) and RMB 7,499 ($1,027), placing it in the same price category as the iPhone 15 and Huawei’s Mate 60 Pro. The company plans to initially sell just 50k of these smartphones, whi...
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MonkeyGee
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why is NIO into smart phone? aren't they making cars?
1. China's Exports to ASEAN Surpass US and EU China's exports to the Association of Southeast Asian Nations (ASEAN) have reached $600 billion annually, outpacing its exports to the US and EU. The trade growth is attributed to the Regional Comprehensive Economic Partnership (RCEP), which includes Australia and New Zealand. This highlights ASEAN's dependence on China and the challenges Western allies face in countering China's influence. 2. Ch...
1. US Commerce Secretary Gina Raimondo spent a second day in China stabilizing bilateral relations with its third-largest trading partner. The two nations agreed to set up a joint working group for the first time in three years, which includes representatives from the government and private sector. The group agreed to meet twice a year, with the first meeting to be held in Washington in early 2024. The US and China also agreed to set...
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Lu Lulu
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Pointless meetings. The US will only adopt a new policy to deal with China.
Peng Lim Yap
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In my own opinion, if you want to ask for advice from Ron, a 30-year-old financially-free teenager. Because I watched his YouTube introduction, I thought it made sense.
Big Tech’s earnings season kicks off: How will market react?
$Apple (AAPL.US)$ reported Q1 2025 earnings of $2.40 share, vs estimates of $2.35/share, on revenue of $124.30 billion vs estimates of $124.1 Show More
Moo Earnings
Feb 2 12:39
AMZN earnings preview: Grab rewards by guessing the opening price!
阿 YI :
PAUL BIN ANTHONY : tq Sir God bless you all Amen