Phate Zhang
-
Didi Chuxing announces entry in to New Zealand, its 11th overseas market
Chinese ride-sharing platform Didi Chuxing has announced its entry into New Zealand, first offering services in the country's largest commercial, industrial and port city, Auckland.
-
CNBC's Jim Cramer on NIO: I admit that I was late to the party
CNBC's "Mad Money" host Jim Cramer said Chinese electric vehicle (EV) maker NIO (NYSE: NIO) did take off and he admits that he was late to the party.
-
CICC says BYD's Q4 guidance has room for upward revision, raises price target on H shares by 45%
China's top investment bank CICC has raised its 2020/2021 net profit forecast on BYD by 11%/3% to RMB 4.5/5.4 billion due to profit boost from higher sales of BYD's premium car model Han.
-
Pinduoduo plans to help 10 cosmetic brands exceed RMB 1 billion in annual sales in next two years
China's emerging e-commerce platform Pinduoduo will be rooted in China's cosmetic industry in the next two years, cultivating 50 new cosmetic brands with annual sales of more than RMB 100 million, of which 10 with annual sales of more than RMB 1 billion, said Chen Qiu, vice president of Pinduoduo.
-
Honor V40 series said to launch in mid-December, powered by Kirin 9000 and MediaTek chips
The Honor V40 series will be released in mid-December, and Honor will be preparing two different processors for the series - some devices will be powered by MediaTek's Dimensity 1000+, while others will continue to use the Kirin 9000, the latest rumor said.
-
NIO shares surge 10% pre-market as its October deliveries up by 100% year-on-year
Chinese electric vehicle (EV) maker NIO (NYSE: NIO) shares surged 10 percent to $33.69 in pre-market trading, as its October deliveries went up at another high rate.
-
China aims to have 20% penetration rate of new energy vehicles by 2025 in new plan
China's "New Energy Vehicle Industry Development Plan (2021-2035)" was released today, which mentioned that by 2025, new energy vehicle sales will reach about 20% of total new vehicle sales.
-
NIO founder addresses misconceptions about battery swap mode
In a recent interview, William Li Bin, founder and chairman of NIO, explained the misunderstanding about battery swap mode, saying that battery swap and charging are not opposed to each other.
-
CLSA reaffirms buy of BYD HK shares, raises price target by 45%
CLSA reiterated its "buy" recommendation on Hong Kong-traded BYD Company Limited (01211.HK) in a recent report, raising the target price by 45% from HK$131 to HK$190, which is 9.38% higher than the company's closing price on Monday.
-
Alibaba sets central China headquarters in Wuhan, expected to be ready by 2026
Alibaba on November 2 announced the launch of the Central China headquarters project in Wuhan, Hubei province, and the park is expected to be completed in 2026.