Latest News: AF Indexes
The first-generation 3nm process can reduce power consumption by up to 45% compared with conventional 5nm chips, the group says. Chinese companies are likely among its initial customers.
New York-based Grizzly Research alleged that China EV manufacturer Nio used creative accounting to inflate its net income margins. Nio said on Thursday the claims had no merit and 'contained errors'.
Local administrations issued bonds to the tune of 1.41 trillion yuan ($210 billion) up till Sunday June 26, which was an 80% jump from a year ago, and that total could rise further
The yuan-denominated bonds are offered by mostly European automobile firms and financial institutions to balance foreign exchange risks...
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S&P Downgrades China’s Greenland Over Bond Extension22 Jun 2022
Ratings agency S&P Global downgraded Greenland to "selective default" on Wednesday after the state-backed property developer extended the maturity of $488 million in bonds...
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China Debt Markets Urged to Make Radical Reforms – FT15 Jun 2022
The calls come as global fixed-income traders sold about $35 billion worth of yuan-denominated bonds in the first four months of this year...
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China Property Investments Fall 4% Ahead of Bond Maturities15 Jun 2022
New construction starts measured by floor area plunged 30.6% in January-May from a year earlier, after a 26.3% fall in January-April...
GLy New Mobility Fund, a global mid-to-late-stage fund, said it made the investment in Vayyar Imaging, a 4D imaging radar-on-chip provider...
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Tesla, GM, VW Recover 20% Capacity in Shanghai After Restart13 May 2022
Export volume from Shanghai is almost back to normal as carmakers prioritize them over domestic shipments. ...
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China Electric Vehicles Index Tumbled 10.5% in Past Month11 May 2022
China's electric vehicle makers are facing a perfect storm as Covid lockdowns add to rocketing input costs and the removal of some government subsidies....
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Tesla Hopes to Boost Shanghai Plant Production by Mid-May06 May 2022
Internal memo outlines plans to add more shifts to boost production to pre-lockdown levels even as suppliers struggle to provide parts....
Curbs in China to contain the spread of Covid-19 appeared to boost demand for Baidu's cloud services and AI products, helping the group record revenue that topped estimates...
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China Fired Up Over ‘Powerful’ Blockchain Project – CNBC17 May 2022
China has been working on a service network that enables the deployment of blockchain technology for businesses, notably those operating cloud computing infrastructure, the report says...
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US-Based Startup Workato Launches Indian Operations23 Mar 2022
Company expects to enable businesses to seamlessly implement automation of complex workflows through a "no-code integration and automation platform"...
A massive solar project in northern Australia, which aims to provide energy to Singapore and Indonesia via an undersea cable, has won approval for investment...
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Toyota Defends Electric Vehicle Strategy Ahead of AGM15 Jun 2022
Toyota was once a darling of environmentalists, but has more recently drawn criticism over its apparent reluctance to phase out petrol-powered cars...
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Australian Billionaire Seeks Quantum Leap for Green Hydrogen26 May 2022
Mining magnate Andrew Forrest is backing a quantum computing net zero initiative in the US to speed up his goal of producing cheap and abundant green hydrogen....
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