XPeng buys DiDi’s smart car arm and launches a new electric vehicle brand. Stock rise.
font size The two companies said on Monday that XPeng and DiDi will form a strategic partnership. Gina Moon/Bloomberg XPeng…
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Terry Gou says the Apple and Tesla links mean China can’t pressure his business
(Bloomberg) — Billionaire tech billionaire Terry Gou has denied that Beijing could pressure him through his vast operations in the…
Chinese stocks rise after tax cuts for deals. Alibaba, JD.com are on the rise.
font size Chinese securities regulators have proposed a series of changes to boost domestic markets in recent weeks. Getty Images…
3M, Jabil, XPeng, Alibaba, Nvidia, and more stock market drivers
font size Stock futures rose slightly on Monday after a winning week for the S&P 500. Dream time Stock futures…
September is bad for stocks. Is it still good for gold?
font size Until a decade or so ago, September was the best month on the calendar for gold. Since then,…
Chinese markets are rising as the authorities take steps to boost morale
(Bloomberg) — Chinese stocks jumped after authorities announced a series of measures to lure investors back, including lowering stamp duty…
Evergrande postpones restructuring votes just hours before the start
(Bloomberg) — China Evergrande Group has postponed major votes on its foreign debt restructuring plan just hours ahead of schedule…
Nvidia shares haven’t been this cheap since January, before they shot up 250%.
font size Nvidia got cheaper based on a key valuation metric after its recent earnings. Dream time If you liked…
China Evergrande loses $2.4 billion in value as trade resumes after 17 months
Written by Claire C HONG KONG (Reuters) – Shares of China Evergrande Group fell as much as 87 percent early…
Evergrande shares plunged 87% in Hong Kong after trading resumed
(Bloomberg) — China Evergrande Group is down as much as 87% in Hong Kong trading after a 17-month hiatus, turning…