Commuters at a subway station in Beijing on March 6. China economic growth target of around 5% this … [+] year is more than three times the 1.4% expansion in the United States predicted by the I...
Tag: CATL
Bilibili Gets Connected As Bank Contagion Goes Global, Week In Review
China Last Night KraneShares Week in Review China’s “Two Sessions” meetings of the 14th National People’s Congress are set to conclude this weekend after an unsurprising week in which a GDP target of ...
Tesla Supplier CATL Smashes Profit Estimate as EV Sales Soar
(Bloomberg) — China’s Contemporary Amperex Technology Co. Ltd. reported annual earnings that beat estimates on stronger demand for cleaner cars, underscoring its dominance as the world’s biggest...
Ford’s EV battery deal with China’s CATL echoes industrial history
Ford Mustang Mach-E electric vehicle displayed at the Ford booth during 2021 Auto Shanghai show. Almost exactly a century ago, Sun Yat-sen, the father of modern China, wrote a letter to Henry Ford. He...
Bullard Bites The Bulls As Mester Messes With Risk On Sentiment, Week In Review
China Last Night KraneShares Week in Review It was another choppy week of trading for Asian equities as investors assess their risk tolerance considering the potential for two or more rate hikes from ...
Ford To Build $3.5 Billion Lithium Iron Phosphate Battery Plant In Michigan Using CATL Technology
Comparison of characteristics of nickel-manganese-cobalt cells and lithium-iron-phosphate Ford Ford today announced a plan to build a $3.5 billion factory in Marshall, Michigan to produce 35 GWh of li...
Ford sets EV battery factory plan with China’s CATL
DETROIT – Ford Motor said Monday it will collaborate with a Chinese supplier on a new $3.5 billion battery plant for electric vehicles in Michigan, despite tensions between the U.S. and China. The ant...
New U.S. Battery Entrant Targets Fully Domestic Supply Chains
BOMBAY BEACH, CALIFORNIA – FEBRUARY 26, 2019: A woman walks along the shore of the Salton Sea in … [+] Southern California. The shallow saline lake was formed accidentally in 1905 followin...
CPI Under 2% In China As Clean Tech & EV Outperform
China Last Night KraneShares Key News Asia equities were largely higher except for Singapore and India’s small pullback in advance of the US’ highly anticipated CPI release. Overnight China’s December...
Foreign Investors Raise China Allocations Overnight
China Last Night KraneShares Key News Asian equity markets were higher as Hong Kong, China, and Singapore outperformed, while Indonesia was off more than -2%. Relatively quiet from a news perspective ...
Game On For Tencent & NetEase Amid New Game Approvals
Key News North Asia was off except for Hong Kong, while South Asia posted small gains on light volumes. Hong Kong opened higher for the first time since last Friday, closing up +1.56%, though off intr...
Hong Kong Rally Enjoys The Silence
Key News Asian equity markets had a good day as Hong Kong outperformed while Mainland China and India were off. The nattering nabobs of negativity are so focused on COVID’s spread in China they ...
Nickel Products Trader Becomes China’s Latest Billionaire
The Hong Kong Stock Exchange in July 2022. Photographer: Paul Yeung/Bloomberg © 2022 Bloomberg Finance LP Today’s listing at the Hong Kong Stock Exchange by Lygend Resources & Technology, China’s ...
Chairman, Vice Chairman At China Manufacturer Investing $916 Million In Ohio Under Police Surveillance
Yunnan Energy New Materials shares have declined nearly 14% at the Shenzhen Stock Exchange this … [+] week. Photographer: Qilai Shen/Bloomberg © 2019 Bloomberg Finance LP The chairman and vice c...
Dtech IPO In Shenzhen Mints New China Billionaire Couple
A man walks by the gate of the Shenzhen Stock Exchange in 2020. (Photo by VCG/VCG via Getty Images) VCG via Getty Images Tuesday’s listing by Guangdong Dtech at the Shenzhen Stock Exchange has minted ...
Nickel Products Supplier To EV Industry Poised To Become China’s Newest Billionaire
Nickel ore trader Lygend aims to list its shares at the Hong Kong Stock Exchange on Dec. 1. … [+] Photographer: Paul Yeung/Bloomberg © 2022 Bloomberg Finance LP Lygend Resources & Technology...
Hong Kong Internet Stocks Gain On Biden Xi Meeting
China Last Night KraneShares Key News Asian equities had a good day as China and Hong Kong outperformed following President Biden and Xi’s positive get-together in Bali along with continued support fo...
Mainland Investors Buy Hong Kong Stocks As Short Selling Continues
China Last Night KraneShares Key News Asian equities were down on light volumes in advance of today’s US CPI print, with Thailand on holiday. The Asia dollar currency index gained as the US dollar sli...
Onshore & Offshore Diverge As Hong Kong Short Interest Rises
China Last Night KraneShares Key News Asian equities were down overnight while the three markets that were closed Monday South Korea, Japan, Malaysia, and Taiwan played catch up to the downside as Chi...
Hong Kong Rallies As Shorts Press Their Bets
China Last Night KraneShares Key News Asian equities markets had a strong day following yesterday’s US move with Hong Kong outperforming while China is still on its Golden Week holiday and India misse...
BYD’s Thailand Factory Plan Underscores How China’s EV Industry Is Going Global
Warren Buffett-backed BYD was the world’s top maker of electric vehicles in the first half of 2022. … [+] Photographer: Kiyoshi Ota/Bloomberg © 2022 Bloomberg Finance LP Wednesday’s annou...
Macro Headwinds Weigh On Micro Catalysts, Pinduoduo & Meituan Beat Expectations
China Last Night KraneShares Key News Asian equities had a rough start to the week as investors reacted to Fed Chair Powell’s hawkish comments from Jackson Hole on Friday. ADXY, the Bloomberg JP Morga...
CATL Reports Net Profit Increase in H1 2022 after Rocky Q1
CATL said that its revenue in H1 2022 rose 156% year-over-year. Chinese battery manufacturer and technology company Contemporary Amperex Technology Company (CATL) saw its net profit surge in the first...
Jerome Powell & US Dollar Summer Global Wrecking Ball Tour Continues
China Last Night KraneShares Key News Asian equities were mixed/lower overnight as South Korea, India, and Southeast Asia managed small gains while Japan, Hong Kong, and China were off. Global equitie...
JD.com & CATL Results Beat Expectations
China Last Night KraneShares Key News Asian equities were largely lower with India, Thailand, and Indonesia outperforming. The real action took place after the market’s close with a multitude companie...
Economy Takes Center Stage, Prompting The PBOC To Take Action
China Last Night KraneShares Key News Asian equities were mixed overnight as India was closed for Independence Day and South Korea was closed for Liberation Day. Mainland China and Hong Kong both boun...
GM Outsells Tesla In July As Semiconductors & Clean Tech Outperform
Key News Asian equities were largely higher on light volumes. Japan and Hong Kong were off slightly while India (Moharram), Pakistan (Ashura), and Singapore (National Day) were closed for the holiday....
Hong Kong Internet High In Advance Of Alibaba’s Results As Caixin Services PMI Exceeds Expectations
China Last Night KraneShares Key News Asian equities had a positive day on light summer volumes except for Mainland China. Pelosi’s Taiwan visit did not spark World War III as some had feared. Plane t...
Mainland Markets Shake It Off, Hong Kong Holds Up
China Last Night KraneShares Key News Asian equities had a positive start to the week except for Taiwan, which was off a touch. Mainland China media is reporting Nancy Pelosi is likely to visit Taiwan...
Ford Makes Major Commitment To CATL Lithium Iron Phospate EV Batteries
Ford reinforces plan for 600,000 annual EV run rate by end of 2023 Ford It’s no secret in the auto industry that in order to meet the commitments that manufacturers have for EV production this decade ...