Asian shares saw a modest gain as investors eagerly await news on trade negotiations between Trump and Xi. Hong Kong stocks rebounded, while China shares fluctuated amid mixed manufacturing signals.
Shares of BYD fell on the Hong Kong exchange following recent price cuts. This move has raised eyebrows in the EV market, affecting other key players like Xpeng, Nio, and Li Auto. What does this mean for the future of electric vehicles?
The NB.1.8.1 variant of COVID-19 is gaining traction across the globe, leading to surges in hospitalizations and ER visits in China and Hong Kong. With its arrival in the U.S., experts warn of potential challenges ahead.
Contemporary Amperex Technology Co. (CATL) saw its shares jump over 16% during its Hong Kong trading debut, raising $4.5 billion in a secondary listing. Investors are betting big on the EV market despite ongoing tariff challenges.
Contemporary Amperex Technology Co. Ltd. made a splash in its Hong Kong trading debut, raising a staggering HK$35.7 billion despite facing challenges like a Pentagon blacklist. Shares surged 13% on opening!
Asia-Pacific markets saw a significant rise on Tuesday following China's decision to cut its key lending rates to stimulate economic growth amidst ongoing trade tensions. Investors are keenly observing the developments.
The world's largest EV battery maker, CATL, has made a historic debut on the Hong Kong Stock Exchange, raising nearly HK$35.7bn. This landmark IPO could reshape the EV landscape amid rising concerns from US lawmakers.
In a groundbreaking move, the US and China have agreed to a 90-day pause on tariffs, significantly reducing trade barriers that have disrupted the global economy. This historic agreement follows crucial talks in Geneva.
In a significant move, Ant Group has agreed to purchase a 50.55% stake in Bright Smart for HK$2.81 billion, causing the latter’s shares to soar by nearly 64%. This investment aims to enhance Ant's overseas operations amid regulatory challenges.
After a turbulent three days, Asian markets have found stability as stocks recover from steep declines. Measures from the Chinese government and positive comments from Treasury Secretary Bessent have helped restore investor confidence.
