The US giant raised the price of its Shanghai-made Model Y on Monday, bucking the trend set by a discount war that is squeezing the profit margins of most of its rival in the world’s largest electric ... ( read original story ...)
Syngenta Pulls USD9 Billion Shanghai IPO
(Yicai) April 1 -- Syngenta Group, a Swiss agrochemicals and seeds giant owned by China National Chemical, has called off its CNY65 billion (USD9 billion) initial public offering on the main board of ... ( read original story ...)
METALS-Shanghai copper rises on China data, high stocks cap gains
The most-traded May copper contract on the Shanghai Futures Exchange SCFcv1 closed morning trade 0.7% higher at 72,810 yuan ($10,072.35) per metric ton, having notched a 5.4% rise in March, its ... ( read original story ...)
EXCLUSIVE-China’s SAIC aims to slash jobs at GM, VW ventures and EV unit, sources say
China's SAIC Motor aims to cut thousands of jobs this year at its joint ventures with General Motors and Volkswagen and at an electric-car unit, two people with knowledge of the matter told Reuters. ( read original story ...)
Asian Markets Experience Gains Amidst Wall Street Highs
On a day characterized by widespread market closures due to holidays across various countries, Asian stocks generally enjoyed gains. While trading floors in Hong Kong, Sydney, Singapore, and India ... ( read original story ...)
Has China Lost Its Taste for the iPhone?
Apple has deep ties in the country, its second-largest market. But there are signs that Chinese consumers are becoming a harder sell. ( read original story ...)
Ofiito’s R3 E-Bike Promises To Be the Cheapest Carbon Fiber Solution for Urban Traveling
This e-bike is built from T800 carbon fiber and includes a "removable" motor. While it's retailing at $4,000, its Indiegogo campaign is dishing it out for $2K ... ( read original story ...)