China's central bank maintained its key lending rate at 2.5% to avoid loosening credit as manufacturing and real estate sectors showed continued weakness in May. Despite a 5.6% drop in factory output ... ( read original story ...)
Tesla: Fake News That BYD Agrees to Supply to Energy Storage Super Factory in Shanghai
Recently, there was news that FinDreams Battery, a subsidiary of BYD COMPANY (01211.HK), reached a supply agreement with Tesla for its Shanghai's energy storage super plant, an... Recently, there was ... ( read original story ...)
Tesla’s FSD Fleet Hits Shanghai: 10 Cars Set for Pilot Ahead of Public Debut
Shanghai has ignited excitement by approving the testing of ten Tesla vehicles equipped with Full Self-Driving (FSD) technology, heralding a near-future public rollout. Shanghais Approval Paves Way ... ( read original story ...)
China Market Update: Nearly 40% Of May Auto Sales Are Electric Vehicles & Hybrids, Week In Review
Asian equities were mixed overnight on light news and volumes as the US 10-year Treasury Yield rallied along with the US dollar. ( read original story ...)
Falling bond yields leave China’s central bank facing tough call
China's central bank faces a looming test of its resolve to curb the financial stability risks it sees in a rallying bond market as it runs counter to its view of the economy by depicting a long-term ... ( read original story ...)
Analysis-Falling bond yields leave China’s central bank facing tough call
China's central bank faces a looming test of its resolve to curb the financial stability risks it sees in a rallying bond market as it runs counter to its view of the economy by depicting a long-term ... ( read original story ...)
China’s central bank backs Beijing’s property destocking plan as housing sales crawl
China’s central bank has backed the government’s plans to absorb the nation’s unsold homes and fix an inventory overhang which a data provider said could take as long as 18 months to work through. ( read original story ...)