Has Musk Been Defeated By China?
In essence, they’ve done what Musk and Tesla have only dreamed about but have been unable to deliver. China has the advantage of having a massive EV ecosystem- that spans from motors and drivetrains ...
China Stock Market May Extend Winning Streak
(RTTNews) - The China stock market has tracked higher in back-to-back sessions, advancing more than 30 points or 1.1 percent along the way. The Shanghai Composite now sits just above the 2,735-point ...
Why Shares of Tencent, PDD, and Futu Are Rising Today
Shares of the Chinese tech conglomerate Tencent Holdings (OTC: TCEHY) traded roughly 3.3% higher, as of nearly 1 p.m. ET, ...
China Stock Market May Hand Back Wednesday's Gains
(RTTNews) - The China stock market on Wednesday ended the three-day losing streak in which it had stumbled more than 40 points or 1.5 percent. The Shanghai Composite now sits just above the ...
Is BYD’s Stock Underappreciated by the Market?
Valuation data supports the notion that China-related concerns weigh on the stock. BYD certainly isn’t expensive when we ...
Why ASML Stock Was Climbing Today
While many of its chip sector peers have soared this year, ASML has struggled with a cyclical slowdown in the market for ...
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China Bourse Tipped To End Losing Streak
Among the actives, Industrial and Commercial Bank of China collected 0.36 percent ... The Dow sank 60.32 points or 0.14 percent to finish at 41,606.18, while the NASDAQ added 35.93 points or 0.20 ...
Asian Markets Broadly Higher As Investors React To Central Banks Moves
(RTTNews) - Asian stocks are broadly higher on Friday with investors continuing to cheer the Federal Reserve's half-a-percentage point interest rate cut on Wednesday, and digesting the policy moves of ...
Volkswagen Plans To Shut Down One Plant In China: Reports
(RTTNews) - Volkswagen AG and its Chinese joint venture partner SAIC Motor reportedly plan to shutter one plant in China. The JV is preparing to close a factory in Nanjing as soon as next year, ...
PDD, BABA, or JD: Which Chinese E-Commerce Giant Is a Good Investment?
Jefferies (JEF) analyst Thomas Chong is particularly bullish on BABA stock. He says that he appreciates Alibaba’s clear ...
China Shares May See Renewed Support On Thursday
(RTTNews) - The China stock market turned lower again on Wednesday, one day after ending the two-day slide in which it had given up more than 50 points or 1.9 percent. The Shanghai Composite Index now ...
China Shares May Stop The Bleeding On Tuesday
Oil prices climbed higher Monday on the possibility of weather-related production issues in the the Gulf of Mexico, and on OPEC's decision to delay a production boost originally scheduled to begin in ...