$Sea Ltd(SE)$ https://www.channelnewsasia.com/singapore/online-shopping-1111-ecommerce-shopee-lazada-ninja-van-fedex-5467451 Not reported enough to the market 🥳
Negative headlines for positive figures. We will see if AI integrations helps to drive spending regardless big or small spending as long they are spending!
Alibaba (BABA) Feels the Chill as Singles’ Day Spending Slows
China’s Singles’ Day shopping festival, created by Alibaba ($BABA) in 2009, has long been seen as a sign of consumer strength. But this year’s even...
BRIEF-China Offers Tech Giants Cheap Power To Boost Domestic AI Chips - FT
BRIEF-China Offers Tech Giants Cheap Power To Boost Domestic AI Chips - FTNov 3 (Reuters) - CHINA OFFERS TECH GIANTS CHEAP POWER TO BOOST DOMESTIC AI CHIPS - FTLOCAL GOVERNMENTS HAVE BEEFED UP INCENTI
Elon musk will go one round and say no issue. These Chinese ceo are too honest hah
Market Chatter: BYD Chairman Says Automotive Industry's Electrification Still Has Issues; Shares Down 4%
BYD's (HKG:1211, SHE:002594) chairman Wang Chuanfu said electrification within the automotive industry still has issues, Yicai Global reported Friday.Issues include slower charging speeds and subpar c
Promotion to clear the inventory, over reacting much
BUZZ-BYD's shares drop on report of EV price cut in promotion; rivals fall
BUZZ-BYD's shares drop on report of EV price cut in promotion; rivals fall ** Hong Kong-listed shares of BYD Co Ltd 1211.HK drop 9.2% to HK$422.2, their biggest intraday pct decline since April 7** Stock hits its lowest since May 16, and is top pct loser in the Hang Seng Automobile Index .HSAMI and the Hang Seng Index .HSI, which are down 5.2% and 1.3%, respectively** BYD is launching a limited time offer on the mainland with steep discount on 22 EV models between May 23 and June 30, Hong Kong Economic Journal reported citing media** BYD has not responded to Reuters' email request for comment** BYD's Shenzhen stock 002594.SZ drops 6.2% to 380 yuan, its lowest since May 19** Shares of other Chinese automakers also fall, with Geely Auto 0175.HK down 8.9% at HK$18.5, lowest since May 13** Hong Kong-listed shares of EV makers Li Auto 2015.HK, Leapmotor 9863.HK, NIO 9866.HK, Xpeng 9868.HK and Xiaomi 1810.HK down between 2.7% and 8.3%
Market Chatter: Top US State Republicans Urge SEC to Consider Delisting Chinese Firms
Republican financial officers from 21 states penned a letter to the US Securities and Exchange Commission, urging it to determine if Chinese companies should be delisted from US stock exchanges for failing to protect American investors, the Financial Times reported Tuesday, citing the letter.Alibaba Group , JD.com , Baidu and Weibo did not immediately reply to requests for comment from MT Newswires.Price: 124.50, Change: +1.54, Percent Change: +1.26
JD.com (NASDAQ:JD) reported quarterly earnings of $1.16 per share which missed the analyst consensus estimate of $4.54 by 74.45 percent. This is a 48.72 percent increase over earnings of $0.78 per share from the same