5 d. ago CATL executive warns of risks from EV price cuts, calls on Beijing to intervene

A senior executive from Contemporary Amperex Technology (CATL), the world’s largest producer of batteries for electric vehicles (EVs), urged authorities on the mainland to intervene in the price war that is roiling the market for new energy cars. Ni Jun, CATL’s chief manufacturing officer, on Wednesday said the brutal discount war would not end if Beijing remained on the sidelines. “One big player cannot always lower prices [to gain market share] while driving out all other small rivals,” he...

Events

8 d. ago China Cobalt Prices and Stocks Spike After Congo Extends Ban

China Cobalt Prices and Stocks Spike After Congo Extends Ban  Bloomberg

Politics

8 d. ago China Cobalt Prices and Shares Spike After Congo Extends Ban

China Cobalt Prices and Shares Spike After Congo Extends Ban  Bloomberg

Politics

1 week ago Tencent Music Shares Double on Break From China Price Cut Script

Tencent Music Shares Double on Break From China Price Cut Script  Bloomberg.com

Politics

2 w. ago Haitian eyes US$1.22 billion Hong Kong IPO, one of the year’s largest

Foshan Haitian Flavouring and Food Company, the largest listed condiment producer in mainland China, is seeking to raise up to HK$9.56 billion (US$1.22 billion) in Hong Kong, marking one of the city’s largest initial public offerings (IPOs) this year and giving a boost to its status as a world-leading fundraising hub. The company is offering 263.2 million H shares at a maximum price of HK$36.30 each, with the final offer price to be determined on or before June 17, Haitian said in a statement to...

Economics

3 w. ago Exclusive | Trump poised to extend TikTok ban deadline – for third time – as US, China meet for trade talks: source

Exclusive | Trump poised to extend TikTok ban deadline – for third time – as US, China meet for trade talks: source  New York Post

Politics