Tesla Inc. plans to lower production at its Shanghai factory, according to sources , in the latest sign demand in China isn’t meeting expectations. The output cuts will take effect as soon as this ... ( read original story ...)
Hong Kong to be among top three IPO hubs in 2023, with fundraising set to double to US$26 billion: PwC
The city should regain bragging rights as a top three IPO market in 2023 as stable markets and reforms fill its deal pipeline, PwC report says Hong Kong has fallen to fourth globally in 2022, as the ... ( read original story ...)
Shanghai scraps PCR checks at more public places
More public venues in Shanghai will scrap nucleic acid testing requirements in a further relaxation of the city's COVID-19 prevention and control measures. From Tuesday, a negative polymerase chain ... ( read original story ...)
Tesla reduces Shanghai production output in latest sign of sluggish demand
TESLA will lower production at its Shanghai factory, said sources familiar with the matter, in the latest sign that demand in China is not living up to the company’s expectations. Read more at The ... ( read original story ...)
Tesla Set to Cut Shanghai Output in Sign of Sluggish Demand
Tesla Inc. plans to lower production at its Shanghai factory, according to people familiar with the matter, in the latest sign demand in China isn’t meeting expectations. ( read original story ...)
Tesla to cut December output of Model Y at Shanghai plant
Tesla did not immediately respond to a request for comment on the planned cut, first reported by Bloomberg, and Reuters was unable to immediately ascertain the reason for reduction. Inventory levels ... ( read original story ...)
Shanghai Composite Index Rose 1.76% on Monday
China’s benchmark Shanghai Composite Index gained 1.76% on Monday, while the Shenzhen Component Index rose 0.92%. Shanghai’s tech-heavy STAR 50 Index lost 0.45% for the day, w ... ( read original story ...)