Policy Measures Eyed As Market Awaits Q4 Data
Asian equities were lower today, except for Mainland China, following a mixed Monday, as the US 10-year Treasury yield rose above 4% this morning and US dollar strengthened.
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Asian equities were lower today, except for Mainland China, following a mixed Monday, as the US 10-year Treasury yield rose above 4% this morning and US dollar strengthened.
CATL, which had a 37.4 per cent share of the global battery market last year, will start construction on the Beijing plant this year, city’s economic planner says.
The biggest drags on the MSCI benchmark since the end of September 2023 include Alibaba, Yum China and BYD, which have all been offering big discounts.
The China Association of Automobile Manufacturers noted China's increasing dominance of the global car export market in 2023, with a 58 percent increase in sales to 4.4 million units in 11 months, outpacing Japan's 2022 mark of 3.99 million units.
Li Auto, Great Wall Motor, Zeekr and the new EV unit of Chinese company Xiaomi will use Nvidia’s DRIVE technology to power automated driving, Nvidia said on Monday.