Tesla (TSLA) stock fell Friday after the company cut the price on two of its models in China, the automaker’s second cut in three months as it battles waning demand in the country. Tesla cut prices on...
Tag: China
Reopening Rolls On, Clean Tech Jumps, Week In Review
China Last Night KraneShares Week in Review Asian equities started 2023 with China outperforming as the country gears up to allow foreign visitors to enter the country quarantine-free starting Sunday....
Tesla stock sinks toward 2 1/2-year low after China price cuts, dragging Nio, XPeng and Li down with it
Shares of Tesla Inc. TSLA, -2.90% took a dive in premarket trading Friday, after the electric vehicle maker cut prices in China again, which also weighed heavily on rival China-based EV makers. Tesla’...
World Wrestling Entertainment, Bed Bath & Beyond, Tesla, Costco
Chief Brand Officer and TV Personality of WWE, Stephanie McMahon delivers her keynote address at the opening of Sports Matters in conjunction with All That Matters 2016 in Singapore on September 14, 2...
Cancer Drug Supplier’s IPO Mints China’s Latest Billionaire
A pedestrian walks past the Shanghai Stock Exchange in Shanghai in 2020. (Photo by HECTOR … [+] RETAMAL/AFP via Getty Images) AFP via Getty Images Today’s listing at the Shanghai Stock Exchange ...
Dow Jones Futures: Jobs Report Is Big Market Test; Tesla Slashes China Prices
Dow Jones futures rose modestly overnight, along with S&P 500 futures and Nasdaq futures. All eyes are on the December jobs report due Friday morning. X Tesla (TSLA) announced major China price cu...
How To Turn The Tide On Violations Based On Religion Or Belief?
Violations of the right to freedom of religion or belief, including in their most egregious manifestations, whether crimes against humanity, war crimes or even genocide, are not issues left behind in ...
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 ...
EU strongly recommends travelers from China to take Covid test before entering Europe
European nations are looking at new travel requirements from China after Beijing lifted Covid restrictions. China News Service | China News Service | Getty Images European nations on Wednesday recomme...
New Questions Arise For U.S. Businesses In China After “Jarring” End To Zero-Covid Policy
A woman pushes luggage near a check-in counter at Beijing Capital International Airport in Beijing, … [+] China, on Friday, Dec. 30, 2022. China could see as many as 25,000 deaths a day from Cov...
How Alibaba Stock Can Double Off Its 2022 Low
Shares of Alibaba (BABA) – Get Free Report are starting the year off higher, already up more than 15% so far. The stock jumped 4.4% on Jan. 3, the first trading day of the year. Today, the shar...
Investors shift focus to growth stocks China exposure to gain
As we kick off 2023, Wall Street appears to be shifting its focus from inflation to growth. Investors apparently believe the Federal Reserve has inflation under control after dramatically raising inte...
Alibaba Stock Is Soaring. What’s Driving Its Big Move.
Alibaba stock was on a tear Wednesday amid signs that the tough regulatory landscape for Chinese tech stocks—one of two key headwinds facing the sector—is improving. Progress has put investors on a bu...
Tesla Promotes China Boss Tom Zhu to Highest-Profile Executive Role after Elon Musk
Tesla China boss Zhu becomes the company’s highest-profile executive, second only to Musk, and looks to strengthen global operations. Tesla (NASDAQ: TSLA) has promoted its Chinese outlet boss Tom Zhu...
China Proves You Can’t Hide Forever From Covid
Empty shelves are seen at a pharmacy in Shanghai on Friday, Dec. 16, 2022. Look for China to start … [+] hoarding medicine and PPE once destined for export. (AP Photo/Andrew Braun) Copyright 202...
Alibaba Leads Rally in US-Listed China Stocks on Ant Capital Nod
(Bloomberg) — Alibaba Group Holding Ltd. led an advance in US-listed Chinese stocks in premarket trading, with Ant Group Co.’s approved fundraising plan boosting optimism that China’s regulatory...
Australian dollar surges across the FX dashboard on China news – time to buy?
The Australian dollar (AUD) has shot higher straight out of the gates today following the news out of China that it is considering lifting a ban on coal imports from Australia. The Aussie dollar is st...
Supporting Trade In A Non-Trade Moment
Cranes at the Port of Baltimore, underutilized during Covid disruptions. JIM WATSON/AFP via Getty Images Nations that want to move ahead engage in trade. Trade allows these countries to harvest the be...
Jack Ma’s Ant Group Gets Regulatory Nod For $1.5 Billion Capital Increase Plan
Jack Ma, co-founder of e-commerce giant Alibaba and fintech giant Ant Group. (Photo by Chesnot/Getty Images) Getty Images Chinese billionaire Jack Ma’s Ant Group won regulatory approval to boost the r...
Tesla, Wynn, Traeger, Amazon and more
Tesla charging stations at a car showroom in the morning light. The expansion of the charging infrastructure is still not progressing as desired. Jan Woitas | Picture Alliance | Getty Images Check ou...
Markets Look Forward As Beijing & Guangzhou Are Past COVID Peak
China Last Night KraneShares Key News Asian equities were largely higher to start 2023 except for Japan, which took another day off today. Both Hong Kong and China opened lower with the Hang Seng down...
Tesla Stock Slumps As JPMorgan Sees Margin Issue On Q4 Deliveries
Tesla (TSLA) – Get Free Report shares moved lower Tuesday, following on from their worst annual performance on record, after softer-than-expected fourth quarter delivery figures and a price tar...
Tesla is looking to China chief Tom Zhu to turn the company’s fortunes around
Bringing the Shanghai factory perseverance to North America. Tesla CEO Elon Musk appears to have finally picked a second-in-command at the car manufacturer, whose share price has tanked in the past ye...
Evergrande’s Billionaire Founder Begins New Year With Another Pledge To Pay Down Debt
Evergrande founder Hui Ka Yan has started the new year with a new pledge. South China Morning Post via Getty Images Hui Ka Yan, the embattled founder of real estate developer China Evergrande Group, s...
Five Chinese startups that survived a tough year of Covid lockdowns
A Kennon Robotics robot delivers food at a Haidilao hotpot restaurant in Shanghai on April 7, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — In a year of Covid lockdowns and travel restrictions...
Trump’s War On Retail Roars Into 2023
Woman legs with colorful shopping bags on the escalator in a shopping mall getty The 117th Congress of the United States has completed their business, and their two-year term has ended. Some members h...
Warren Buffett-Backed BYD’s EV Sales Soar To Monthly Record In December
A BYD showroom in Shanghai last year. Photographer: Qilai Shen/Bloomberg © 2022 Bloomberg Finance LP Sales of new energy vehicles at BYD, China’s top-selling electric vehicle maker, more than doubled ...
Tesla Posts Record Q4 Deliveries, But Misses Street Estimates
Tesla (TSLA) – Get Free Report posted weaker-than-expected fourth quarter deliveries, the carmaker detailed Monday, but still notched a all-time high overall tally for the year amid the biggest...
Tesla Posts Record EV Deliveries In Fourth Quarter – But Misses Expectations
Tesla CEO Elon Musk visiting the company’s Giga Berlin plant in Gruenheide, Germany. AFP via Getty Images Tesla, the world’s leading maker of electric vehicles, reported a record volume of deliv...