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Chinese EV makers step on the gas abroad as hedge against weaker mainland sales

Chinese electric vehicle (EV) builders are increasingly shipping their cars abroad to spur international sales ahead of an expected downturn…

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New Business

US funds tread carefully on China as Oaktree and Appaloosa recalibrate positions

Major US fund managers stayed cautious on China in the third quarter, with Oaktree Capital Management rebalancing its exposure to…

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Volkswagen to make own advanced chips in China for locally made autonomous vehicles

The German carmaker on Wednesday said Carizon – a venture it jointly owned with Horizon Robotics, a designer of artificial…

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China’s EV boom has the EU setting up roadblocks. Can cooperation clear the way?

This year marks half a century of formal diplomatic relations between China and the European Union, as well as the…

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Germany’s Bavaria open to Chinese investment despite EU tensions, state minister says

Fifty years ago, Christian Social Union in Bavaria chairman Franz Josef Strauss visited Beijing, becoming the first West German politician…

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Chinese EV maker Nio eyes US$1.1 billion in proceeds from share placement

In a statement on Wednesday, the Shanghai-based carmaker said 181.8 million new shares would be issued, which would be allocated…

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Lidar giant Hesai seeks US$500 million in Hong Kong dual listing amid US-China tensions

Hesai Group, the world’s largest supplier of automotive lidar sensors, is seeking to raise up to HK$3.9 billion (US$500 million)…

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Temasek fine tunes Chinese stock portfolio as PIF exits Alibaba in sovereign fund tweaks

Two of the world’s largest sovereign wealth funds have adjusted their stakes in Chinese equities, trimming their exposure to technology…

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World’s top hedge fund Bridgewater dumps all China stocks in retreat from market

The world’s largest hedge fund, Bridgewater Associates, sold all of its holdings in US-listed Chinese companies in the second quarter,…

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Tesla EV shipments slip from China factory as drivers choose cheaper local options

Deliveries by Tesla’s Shanghai Gigafactory dropped in July as the US maker of electric vehicles (EVs) failed to sustain sales…

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