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What's Going On With US Listed Chinese Stocks Alibaba, JD, Nio, Li XPeng On Wednesday?
November 13, 2024
Chinese stocks fall after Trump's election victory and concerns over geopolitical tensions. Alibaba and JD.com report strong Singles' Day sales.
Via
Benzinga
Topics
Government
Exposures
Political
Why Is Everyone Talking About Xiaomi Stock?
November 07, 2024
Forget smartphones, this company is appearing on investors' radars thanks to its EV offerings.
Via
The Motley Fool
Apple's Q3 Smartphone Sales Slip Despite Strong iPhone 16 Demand, Market Share Dropped Slightly
October 25, 2024
Apple Inc's smartphone sales declined 0.3% year over year in Q3, but regained No. 2 spot in China. Huawei and Xiaomi also saw gains. Apple met with China's IT minister.
Via
Benzinga
Ford CEO Jim Farley Raves About His 6-Month Experience With Xiaomi EV SU7
October 24, 2024
The admiration from Farley comes at a time when the U.S. is considering a ban on Chinese-made vehicles.
Via
Benzinga
Apple iPhone 16 Sees 20% Sales Surge in China, But AI Absence Prompts Early Price Cuts
October 18, 2024
Apple's iPhone 16 sales soar 20% in China debut, boosted by stimulus plans and premium models. Challenges from domestic competition and AI delay.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Alibaba And Baidu Bet Big On Autonomous Driving, Back $700M Horizon Robotics IPO
October 16, 2024
Alibaba and Baidu invest in Chinese smart driving tech company's IPO to raise $700 million on Hong Kong Stock Exchange. Top banks advising, 30% shares bought before IPO.Alibaba & Baidu invest in...
Via
Benzinga
Topics
Initial Public Offering
Exposures
Securities Market
Apple To Launch Budget iPhone in 2025, Aims for Market Share Gains from Huawei and Xiaomi
October 02, 2024
Apple to launch budget smartphone by 2025 to regain market share, new models include iPhone SE V59, iPad Air J607/J637, and iPad mini J410.
Via
Benzinga
Alibaba Follows Amazon And Walmart, Pours $5.7B Into Holiday Sales Push
September 26, 2024
Alibaba commits $5.7 billion to help merchants during Singles' Day; introduces measures to reduce costs; stock up 11% in past year.
Via
Benzinga
Alibaba Launches Cainiao Next-Day Delivery In Europe, Plans Global E-Commerce Hubs
September 12, 2024
Cainiao Smart Logistics Network, a unit of Alibaba Group, has launched next-day delivery services in Europe for €2 and plans to develop global e-commerce hubs.
Via
Benzinga
China Is Eating Apple's Lunch: Where Smartphone Maker Ranks Vs Asian Competitors
September 11, 2024
Apple's market share in China drops to 6th place as local players dominate. Huawei launching $2,800 Mate XT coincides with iPhone 16 release.
Via
Benzinga
EXCLUSIVE: AI In China — The Sleeping Giant Awakens? KraneShares Strategist Says We Should Be Paying Attention
September 11, 2024
China's internet giants are taking the lead in AI with access to vast data and quick adoption. ETFs like KTEC offer U.S. investors exposure to this growth potential.
Via
Benzinga
Topics
Artificial Intelligence
ETFs
Exposures
Artificial Intelligence
Alibaba Joins China's Stock Connect, Eyes Billions In Investment Boost
September 09, 2024
Alibaba (BABA) to join China's Stock Connect program, allowing mainland investors to access shares. Expected to attract $12B in funds within 6 months.
Via
Benzinga
India Overtakes US As Second-Largest Global 5G Smartphone Market
September 06, 2024
This story was originally published on the Benzinga India portal.
Via
Benzinga
Xiaomi Hits EV Milestone With 27K SU7 Sales In Q2, Sets Sights On 120K Deliveries Next Year
August 21, 2024
China's latest EV entrant Xiaomi said on Wednesday that it delivered over 27,000 electric vehicles in the three months through June in China.
Via
Benzinga
Apple's Margins Hit Near Decade-Low In China Due To Discounting, Weaker Yuan, Says Analyst: Competitive Pressure Or Management's Deliberate Plan?
August 07, 2024
Apple's Q3 report showed that China was the worst-performing geography and given the country's importance, this data should worry investors.
Via
Benzinga
Will Apple Lay The Case For Easing Into AI Superhighway? Analysts Expect iPhone Maker's Q3 Results To Signal Inflection In Topline Growth
August 01, 2024
Apple is considered a bellwether as its earnings report is considered a proxy for economic health, given the cues it offers regarding consumer spending.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Xiaomi Seeks Major EV Expansion, Acquires Land For $116M
July 29, 2024
Xiaomi buys land in Beijing for $116 million to expand EV production, aiming to meet 2024 sales goal of 100,000 cars. Chinese EV stocks trading lower.
Via
Benzinga
Electric Vehicles Are Bleeding Insurers Money In This Key Market For Tesla And Other Auto Giants: Here's Why
July 28, 2024
The rapid increase in the number of new energy vehicles in China has led to a financial conundrum for the country's insurers. The insurers are finding it challenging to make a profit from insuring...
Via
Benzinga
Xiaomi Revs Up Electric Vehicle Gambit
July 23, 2024
Key Takeaways: Xiaomi received regulatory clearance to mass produce electric vehicles independently, a crucial move as it seeks to ramp up its high-stakes EV drive The smartphone maker’s big EV...
Via
Benzinga
Topics
Electric Vehicles
Exposures
Electric Vehicles
Apple Rides On Heavy Discounts And Promise Of AI To Stabilize iPhone Shipments, But It's Still Losing Out To Chinese Rivals
July 15, 2024
In the second quarter of 2024, both Apple Inc. and Samsung Electronics Co experienced a rise in smartphone shipments. However, the two tech giants saw a decrease in their overall market shares due to...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Xiaomi Showcases SU7 Electric Sedan In India But Clarifies Sales Focus Only On China For 3 Years
July 09, 2024
Xiaomi showcased its SU7 electric sedan in India to celebrate its 10th anniversary, but won't launch it there. It aims to deliver 120k units in China.
Via
Benzinga
Xiaomi EV Boosts Production To Cut Xiaomi SU7 Waiting Times; Targets Over 100,000 Deliveries In 2024
July 02, 2024
Xiaomi EV, the car-making unit of Xiaomi Corp., has reportedly informed potential customers and existing order holders that it is enhancing production capacity to reduce waiting times for the Xiaomi...
Via
Benzinga
How Are BYD, Xiaomi And Nio Boosting Car Sales?
June 24, 2024
Chinese automakers, like BYD Co and Xiaomi Corp, are using livestreaming to attract younger buyers and showcase their technology and performance, following in Tesla's footsteps. This approach is...
Via
Benzinga
Weak China Car Market Puts Brakes On Cheche's Growth
June 05, 2024
Key Takeaways: Cheche’s net revenue rose 1% year-on-year in the first quarter, lagging growth rates for the value and number of transactions on its platform The results indicate both insurance...
Via
Benzinga
Alibaba's 618 Shopping Festival Boosts Sales with Big Brands Like Apple, Xiaomi Leading the Way
June 03, 2024
Alibaba's 618 shopping festival saw strong momentum with over 185 brands achieving high sales and support for their goal of double-digit revenue growth.
Via
Benzinga
Xiaomi's Q1 Revenue Soars 27% As Global Smartphone Shipments Surge, Eyes Ambitious EV Goals
May 23, 2024
Xiaomi reported a 27% revenue increase for Q1 2024, reaching RMB75.51 billion. The company's global smartphone shipments rose 33.7% to 40.6 million units, while IoT devices on Xiaomi's AIoT platform...
Via
Benzinga
Another Sanction Failure: The US Blacklisted Xiaomi Three Years Ago Now It Makes EVs
May 21, 2024
Just three years ago, the Chinese company Xiaomi decided to build cars. It succeeded where Apple failed.
Via
Talk Markets
EV Market Set For 20-23% Growth, Led By China-Based Companies Like Nio, XPeng, Li Auto: JPMorgan
May 17, 2024
J.P. Morgan's recent Battery Series provided insights on the industry's future, with 20-23% YoY growth projected for global EV sales in 2024. China leads, while US and Europe have muted expectations....
Via
Benzinga
Tesla Faces Stiff Price Competition In China From Latest Entrants Nio's Onvo L60 And Xiaomi SU7
May 17, 2024
China's latest EV entrants are looking to take on Tesla Inc's market share within the country, with vehicles priced competitively against the American EV giant's best-selling EVs in the country.
Via
Benzinga
Chinese EV Greenhorn Xiaomi Has Already Delivered Its 10,000th EV Within 2 Months Of Launch
May 15, 2024
The SU7 was officially launched on March 28, with deliveries of the Founders Edition commencing on April 3.
Via
Benzinga
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