NIO Product Launch Event NIO Product Launch Event to be host on Wednesday June 15, 2022 SHANGHAI, China, June 14, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it expects to… Continue reading NIO Inc. to Hold Product Launch Event on June 15, 2022
Author: Yarhow_Finance Online News
5 Best Chinese Stocks Gain Momentum
Hundreds of Chinese companies are listed on U.S. markets. But which are the best Chinese stocks to buy or watch right now? Among the best are JD.com, NetEase, Li Auto, Xpeng and BYD Co.. China is the world’s most-populous nation and the second-largest economy, with a booming urban middle class and amazing entrepreneurial activity. Go… Continue reading 5 Best Chinese Stocks Gain Momentum
Foxconn Reproaches Chinese Rivals for Poaching Vietnam Workers
(Bloomberg) — Foxconn Technology Group is facing a battle of talent in Vietnam as major suppliers to Apple Inc. continue to shift some capacity from China to the Southeast Asia country on prolonged tensions between Beijing and Washington. Most Read from Bloomberg The chairman of Hon Hai Precision Industry Co., Foxconn’s flagship unit, said its… Continue reading Foxconn Reproaches Chinese Rivals for Poaching Vietnam Workers
Etsy Investors Risk More Pain After Record Selloff
(Bloomberg) — Etsy Inc.’s bad news for investors goes beyond the 66% plunge that’s the second-biggest in the S&P 500 Index this year: The unraveling of the platform for craft sales may have further to go, especially with the fastest inflation in 40 years crimping consumer budgets. Most Read from Bloomberg With Etsy shares already… Continue reading Etsy Investors Risk More Pain After Record Selloff
Battery Giant CATL Kicks Off $6.7 Billion Placement
(Bloomberg) — Contemporary Amperex Technology Co. Ltd., the world’s biggest maker of batteries for electric cars, has kicked off an A-share private placement that could raise about 45 billion yuan ($6.7 billion), according to terms of the deal seen by Bloomberg News. Most Read from Bloomberg The Ningde, Fujian-based company has set a floor price… Continue reading Battery Giant CATL Kicks Off $6.7 Billion Placement
Why Rivian, Lucid, and Nio Are Sinking Today
Electric vehicle (EV) start-ups are near the top of the risk spectrum, and several stocks are plunging accordingly. Rivian Automotive (NASDAQ: RIVN) and Lucid Group (NASDAQ: LCID) are two domestic producers that were down 5.9% and 9%, respectively, as of 10:45 a.m. ET. China-based Nio (NYSE: NIO) was also deeply in the red, down 10.8%.… Continue reading Why Rivian, Lucid, and Nio Are Sinking Today
16 Best Beginner Stocks To Invest In Right Now
In this article, we discuss the 10 best beginner stocks to invest in right now. If you want to skip our detailed commentary on which stocks are best for beginners and why, go directly to 5 Best Beginner Stocks To Invest In Right Now. Smartphone applications like Robinhood Markets, Inc. (NASDAQ:HOOD) which enable users to… Continue reading 16 Best Beginner Stocks To Invest In Right Now
Auto Roundup: TSLA’s Autopilot Probe, THO’s Earnings Beat Streak & More
China Association of Automobile Manufacturers (CAAM) released vehicle sales data for May. Vehicle sales in China declined 12.6% year over year to 1.86 million units but rose around 57% from April volumes. The month-over-month improvement could be attributed to stimulus packages offered by the government in an effort to revive the market. Per CAAM, sales… Continue reading Auto Roundup: TSLA’s Autopilot Probe, THO’s Earnings Beat Streak & More
10 Beaten-Down Asian Stocks to Buy Today
In this article, we discuss 10 beaten-down Asian stocks to buy today. If you want to see more stocks in this selection, click 5 Beaten-Down Asian Stocks to Buy Today. While the US dollar remains strong, Asian markets on June 10 stumbled on the back of higher rates guidance from the European Central Bank and… Continue reading 10 Beaten-Down Asian Stocks to Buy Today
Why Nio Stock Is Sinking Further Today
Barrons.com Tesla Unveils Plan for 3-for-1 Stock Split Tesla wants to split its stock 3-for-1, the company said in a proxy statement Friday. “Our success depends on attracting and retaining excellent talent, not only through providing a respectful, safe, inclusive and equitable workplace, but also through offering outstanding benefits and highly competitive compensation packages,” Tesla… Continue reading Why Nio Stock Is Sinking Further Today