China market – Charm

The Book by employee Facebook terminated 8 years ago may have done the ‘damage’ as Mark Zuckerberg’s ‘China link’ under scanner

Cs news4 days ago03 mins

Facebook founder Mark Zuckerberg is facing scrutiny following allegations in a memoir by ex-Meta employee Sarah Wynn-Williams. The book claims the Meta CEO pursued access to the Chinese market by developing censorship technology and bolstering AI capabilities, while allegedly keeping these initiatives hidden from US lawmakers. Based on these claims, a US Senate investigative subcommittee…

China market moves from ‘tradable’ to ‘investable’, BofA says

Cs news2 months ago01 mins

The thesis for investing in China is improving underpinned by a combination of market performance and tailwinds from DeepSeek‘s AI breakthrough to better-than-expected U.S. relations, according to analysts at Bank of America Securities. Under the sub-heading “From ‘tradable’ to ‘investable’” the investment bank’s China equity analysts noted that long-term reforms such as rising dividend payments…

Apple earnings: Beats projections thanks to strong iPhone 16 sales, but China and services lag behind

Cs news5 months ago07 mins

Apple’s fourth-quarter earnings exceeded expectations on Thursday, driven by robust initial sales of the iPhone 16 series, a lineup emphasising Apple’s new AI-driven features. Apple reported $94.93 billion in sales, just above Wall Street’s target of $94.58 billion, with earnings of $1.64 per share, excluding a significant EU tax charge. However, weaker-than-anticipated sales in China…

China Markets Surge on Reopening; CSI300 up As Much As 11%

Cs news6 months ago6 months ago03 mins

China’s stock markets surged post-National Day break, driven by pent-up investor demand. Beijing’s aggressive stimulus measures have bolstered market sentiment, despite economic challenges. Investors are assessing further economic stimulus measures from Beijing. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign…

sensex crash: Sensex crashes 4,800 points in 6 days; all eyes on Chinese dragon tomorrow

Cs news6 months ago06 mins

With turncoat FIIs pulling out over Rs 37,000 crore from Indian equities after China started wooing investors with a new bazooka story, Sensex has fallen about 4,786 points in the last 6 trading sessions. Sensex ended Monday’s session 638 points weaker at 81,050 while Nifty ended below the 25,800 level. Investors are fearing that all…

China’s EV makers feel crunch as high R&D costs collide with price-war margin pressure

Cs news7 months ago02 mins

Chinese electric vehicle (EV) makers have shifted into a higher gear when it comes to launching new models, as they strive to stay ahead of the competition amid fast-changing consumer tastes. However, high development costs and a brutal price war are making it difficult for most of them to achieve profitability. More than 50 new…