symbol: NIO – Charm

Billionaire Investor Ray Dalio Urges Xi Jinping’s China To Implement This To Prevent Debt Crisis: ‘They Have The Willingness To Do That’ – Alibaba Gr Hldgs (NYSE:BABA), Baidu (NASDAQ:BIDU)

Ray Dalio, the founder of Bridgewater Associates, has called on Xi Jinping‘s China to adopt a “beautiful deleveraging” strategy. This comes in the wake of China’s recent stimulus measures, which Dalio believes should be complemented with this strategy to avert a potential debt crisis. What Happened: Dalio, while speaking at the FutureChina Global Forum in…

Alibaba, Nio, JD.Com And Other US-Listed China Stocks Tumble As Investors Await Clarity On Fiscal Stimulus Plan – Alibaba Gr Hldgs (NYSE:BABA), JD.com (NASDAQ:JD)

Cs news2 months ago2 months ago04 mins

China’s stock market faced a significant decline on Tuesday, even as broader Asia-Pacific markets experienced gains. This downturn occurred in the wake of record highs on Wall Street, where the Dow Jones Industrial Average and the S&P 500 reached new peaks. What Happened: Several Chinese companies saw notable declines. Nio Inc – ADR NIO fell…

What’s Going On With NIO Stock Today? – NIO (NYSE:NIO)

Cs news2 months ago05 mins

NIO Inc – ADR NIO shares tumbled 7.4% to $5.78 on Monday, as investor disappointment over China’s latest economic stimulus measures spread across U.S.-listed Chinese stocks. What To Know: NIO, a key player in China’s burgeoning EV market, has been navigating challenging market conditions, including fierce competition, regulatory hurdles, and rising costs. The company’s stock…

Alibaba, JD.com, XPeng Soar In Hong Kong As PBOC’s Fresh Stimulus To Boost Stock Market Sends Chinese Main Stock Market Gauge Up By 3% – Alibaba Gr Hldgs (NYSE:BABA), Baidu (NASDAQ:BIDU)

Cs news2 months ago2 months ago05 mins

The Chinese market, which reopened on Tuesday after a weeklong public holiday, was pressured on Wednesday as domestic traders did not get the additional stimulus they had factored in. Come Thursday, things took a turn for the better as the People’s Bank of China announced measures to boost the stability of the domestic equity market. What Happened:…

Chinese Stocks Plunge As Stimulus Hopes Fade: Hong Kong Posts Worst Daily Decline Since October 2008 – Alibaba Gr Hldgs (NYSE:BABA), Baidu (NASDAQ:BIDU)

Cs news2 months ago07 mins

After weeks of soaring performance that positioned Chinese stocks among the best global performers year-to-date, a sharp selloff swept across Chinese markets overnight, with the Hang Seng Index in Hong Kong plummeting more than 9% on Tuesday. The massive drop marks the index’s worst single-day loss since October 2008, during the height of the global…

Tesla Rival Nio Accelerates Global Expansion, To Launch EVs in Middle East Amid EU Tariff Concerns – NIO (NYSE:NIO)

Cs news2 months ago05 mins

Chinese electric vehicle startup Nio Inc. NIO announced late Friday that it has struck a partnership with one of its strategic investors to foray into the Middle East and North Africa. What Happened: Nio has tied up with Abu Dhabi-based CYVN Holdings to launch the Nio MENA in a bid to launch Nio-branded vehicles and…

Chinese EV Stocks Li Auto, BYD, Nio To Benefit From Rebound: Analyst – BYD (OTC:BYDDF), Li Auto (NASDAQ:LI)

Cs news2 months ago04 mins

Macquarie Equity Research issued a positive outlook for the short-term Chinese EV market following a $142 billion (one trillion yuan) stimulus package. Analysts listed several positive catalysts, including new model launches, expanded margins due to operating leverage, the end of subsidies pulling demand forward, reduced discounting pressures and clarity on potential European Union (EU) tariffs,…

China Stocks Are Cooling Off Thursday: What’s Going On? – Alibaba Gr Hldgs (NYSE:BABA), Baidu (NASDAQ:BIDU)

Cs news2 months ago05 mins

China stocks are taking a breather on Thursday after staging an impressive rally in recent weeks on the back of mounting stimulus optimism. Here’s a look at what’s going on. What To Know: Chinese indices ended their 13-day win steak on Thursday as markets tilted to risk-off amid rising concerns over ongoing Middle East tensions,…

Latest Inflation Data Cements Fed’s Interest Rate Call, S&P 500 Hits All-Time High, Biden Adviser Backs China EV Ban At Detroit Economic Club: This Week In The Markets – Alibaba Gr Hldgs (NYSE:BABA), Meta Platforms (NASDAQ:META)

Cs news3 months ago3 months ago05 mins

The Federal Reserve’s preferred measure of inflation, the personal consumption expenditures index, grew less than economists expected in August at 2.2% year-over-year. The data comes on the heels of the Federal Reserve’s 0.5% interest rate cut issued Sept. 18, the first in more than four years. The inflation data supports another 0.5% interest rate cut…

Tesla A Tale Of 2 Regions, Rivian Unleashes More Powerful R1 Variants, Nio Aims Sales Surge With Low-End Model And More: Biggest EV Stories Of The Week – KraneShares Electric Vehicles and Future Mobility Index ETF (ARCA:KARS)

Cs news3 months ago06 mins

Electric vehicle stocks finished the week ended Sept. 20 on a mixed note despite the positive performance by the broader market. Tesla, Inc. TSLA rose to its highest level since late July amid some positive catalysts. Here’s a rundown on what happened in the EV space during the week: Tesla China, Europe Sales: China weekly…