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Finance

Morgan Stanley says this is the stock to play China’s EV industry consolidation

Morgan Stanley has resumed coverage of Hong Kong-listed Geely with an overweight rating on expectations the Chinese automaker can weather macro and industry uncertainties....

Finance

Warren Buffett’s Berkshire Hathaway trims its stake in Chinese EV maker BYD to 6.9%

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024.CNBCBerkshire Hathaway, an early investor in BYD thanks...

Technology

Chinese EV stocks surge after EU slaps up to 38% additional import tariffs

Visitors are looking at a BYD DM-i electric car at the 2024 Beijing International Automotive Exhibition in Beijing, China, on May 3, 2024. (Photo...

Finance

Chinese electric car company Nio to enter Middle East this year amid global expansion by peers

Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China.CNBC | Evelyn ChengBEIJING — Chinese electric...

Finance

Alibaba’s global arm signs David Beckham as international e-commerce brand ambassador

Alibaba's international e-commerce platform AliExpress is a UEFA Euro 2024 sponsor and has signed David Beckham as its global brand ambassador.AliExpressBEIJING — Soccer star...

Technology

Chinese EV makers continue aggressive push into Europe under growing threat of tariffs

BYD Seal U electric car at the IAA Mobility 2023 international motor show on September 6, 2023 in Munich, Germany.Leonhard Simon | Getty Images...

Finance

This ETF aims to capture China’s own ‘Magnificent Seven’

Roundhill Investments wants to mimic the success of its Magnificent Seven ETF (MAGS) in China.The firm's CEO Dave Mazza plans to launch the Lucky...

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