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Hong Kong stocks rise as investors fall back in love with Chinese EV makers and tech firms

Hong Kong shares rose on Wednesday, buoyed by a rally in Chinese electric-car makers while technology stocks also rebounded. The…

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New Business

Chinese EV maker Nio says fourth-quarter loss widens, revenue guidance underwhelms

Nio, a Chinese electric vehicle (EV) company, said its fourth-quarter loss widened from a year earlier amid escalating competition in…

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New Business

Bridgewater reports mixed returns after pruning Alibaba, adding bets on Li Auto, Baidu

Bridgewater Associates trimmed most of its holdings in US-listed Chinese stocks last quarter, including bets on Alibaba Group Holding and…

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New Business

BYD to add autopilot system in EVs to gain edge amid China’s price war

BYD plans to offer an autopilot system in nearly all its cars, making autonomous driving affordable to all mainland Chinese…

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New Business

As humanoid robots take centre stage in China, do androids dream of economic spotlight?

This is the first story in a three-part series examining the future of China’s humanoid robots; competition between the US…

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New Business

Chinese EV makers cannot stop ‘aggressive’ price-cutting – even as it imperils them

Chinese carmakers cut prices on pure electric vehicles (EVs) by an average of 10 per cent last month to spur…

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New Business

December EV sales of BYD, Nio, Xpeng, Li Auto, Leap, Zeekr soar on China’s buying spree

Half a dozen assemblers in China delivered record numbers of electric vehicles (EVs) to customers last month, as they rode…

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New Business

China mandates 30% EVs in government fleets in boost for carmakers, decarbonisation

Chinese government departments have been told to prioritise electric vehicle (EVs) purchases for official use, as Beijing ramps up efforts…

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New Business

Prices slashed again in China’s EV sector, threatening unprofitable carmakers

China’s electric vehicle (EV) makers reduced prices a month ahead of expectations, as cutthroat competition and overcapacity threaten unprofitable carmakers…

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New Business

Chinese firms seek European base for factories amid trade tensions, tariffs

Chinese companies are increasingly looking to set up factories in central and eastern Europe to circumvent tariffs and business disruption…

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