Hesai Group’s (NASDAQ:HSAI) stock was down 50% for the year. Surprisingly, it is poised to end the year up well over 50%. In the last month alone, the stock has tripled, turning the tables on what was ... ( read original story ...)
China seeks to boost economic relief ahead of major holidays
China’s economy has struggled to gather steam this year, mainly due to a protracted property crisis and weak domestic demand ... ( read original story ...)
Chinese Stocks Mixed as Investors Await Economic Data
Chinese shares ended mixed, with the Shanghai Composite Index edging up 0.2% to 3407.33. The Shenzhen Composite Index shed 0.3% and ChiNext Price Index inched up 0.1%. Investors were anxiously ... ( read original story ...)
Cambricon, China’s AI chip star, soars 383% amid push for self-sufficiency
China’s top-performing stock of 2024 is expected to see additional tailwinds into next year from the nation’s drive for greater self-sufficiency in artificial intelligence (AI). Shares of AI chip ... ( read original story ...)
China: Shanghai Port becomes world’s first to reach 50 million TEUs in annual throughput
Shanghai Port becomes world's first to reach 50 million TEUs in annual throughput [Voice_over] Shanghai Port has marked another milestone, becoming the world's first port to manage 50 million 20-foot ... ( read original story ...)
Shanghai illuminates city in festive lights for New Year celebrations
Shanghai has announced special lighting plans for the New Year's Eve and New Year's Day holiday period, in a bid to create a joyful and auspicious atmosphere for ringing in the New Year. ( read original story ...)
China stocks close up, led by energy and financials; HK shares down
SHANGHAI, - China stocks ended slightly higher on Monday, buoyed by gains in energy and financial shares, while smaller stocks weighed on overall performance. Hong Kong shares were down. ( read original story ...)