Chinese EV stocks tumble after BYD slashes prices as much as 34%
BYD led Chinese electric vehicle stocks lower in Hong Kong on Monday (May 26), as investors digested the auto giant’s sweeping price cuts…
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BYD led Chinese electric vehicle stocks lower in Hong Kong on Monday (May 26), as investors digested the auto giant’s sweeping price cuts…
The onshore yuan has gained around 1.4 per cent versus the greenback in May, and reached 7.1674 on Monday, its strongest level since…
Domestic consumption is forecast to fall 2% in 2025 to 839 million tonnes, the fifth straight year of decline blowout in Chinese steel…
Xiaomi’s billionaire founder outlined plans Thursday (May 22) to outfit its top-end devices with advanced homegrown mobile processors,…
Chinese companies are seizing on a window of opportunity to raise capital as global investors pour money into Asian assets in search of…
The United States and China are locked in a standoff with no resolution in sight. The U.S. wants to reshore manufacturing, and China wants…
Shares in CATL closed 16 per cent higher on their Hong Kong debut on Tuesday (May 20) after the Chinese electric vehicle battery giant…
DFI Retail Group’s underlying profit for Q1 2025 fell 18 per cent compared with the same period a year ago, due to the divestment of…
Chinese electric vehicles (EVs) are losing momentum in Europe, but the nation’s automakers are selling more cars than ever in the region…
After Fendi, Hiroshi Fujiwara‘s Fragment, and Yayoi Kusama, Alexander Wang has become the latest brand to collaborate with Heytea, the…
Top officials from the Trump administration will meet with their Chinese counterparts in Switzerland this week, the first formal meeting…
The share of U.S. imports from China in the first quarter of the year fell to its lowest point in over 20 years, as the high tariffs…
Temu is abandoning the model centred around cheap Chinese imports that catapulted it to success in the US, aiming to sell only goods from…
The expansion of the loophole for tariff-free shipments of goods nearly a decade ago gave rise to Temu, Shein and other low-cost online…
The Trump administration on Friday officially eliminated a loophole that had allowed American shoppers to buy cheap goods from China…
CHINESE carmakers including BYD and Chery are selling more plugin-hybrids in the European Union to avoid import tariffs on Chinese-made…
Chinese sovereign investor China Investment Corporation (CIC) is selling about US$1 billion of its private equity (PE) investment…
President Trump’s tariffs are already taking a toll on China’s factories. Three weeks into a trade war that pushed import tariffs of…
Chinese solar manufacturers continue to plunge deeper into the red, and the outlook is getting gloomier as sky-high tariffs on exports…
Some Chinese exporters are speeding up the conversion of their US dollar income into yuan on bets the worst of the tariff-led loss in the…
A rally in the price of Nio’s convertible bonds is not enough to allay concerns over the Chinese electric vehicle (EV) maker’s financial…
The parent of Huawei Technologies is tapping low borrowing costs in China’s credit market to raise a record amount of debt, as trade…
The Trump administration is considering reducing tariffs on auto parts ahead of a May 3 deadline that has drawn the ire of global…
CHINESE investors and trading companies boosted their use of the renminbi in international settlements to a record last month as the US…