Latest News: AF Indexes
IEA data highlights China's key role in making photovoltaic wafers, cells and modules for solar panels, plus blades, towers and nacelles (turbine units) for wind-power generation
IMF director said soaring prices and plummeting currencies have left “several countries at high risk of debt distress”
Industry ministry orders officials and firms to eliminate illegal activities in the sector, after the IEA called for a more diverse supply chain to reduce China's PV manufacturing dominance
China's $20 trillion bond market has suffered continuous foreign outflows since February amid rising geopolitical tension and lingering Covid outbreaks...
-
China Stock Market Booms in June as Foreigners Exit Bonds07 Jul 2022
China bonds registered $2.5 billion of outflows last month, the fifth consecutive month of foreign outflows, but over $9.1 billion of foreign inflows went into China's stock market in June, the IIF said...
-
China Panda Bond Issuance Drops by Half From 2021 – Nikkei27 Jun 2022
The yuan-denominated bonds are offered by mostly European automobile firms and financial institutions to balance foreign exchange risks...
-
China’s Local Bond Issuance Hits a Record $210bn in June – Nikkei28 Jun 2022
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...
Asia Financial's China Electric Vehicles Index, which tracks 14 leading electric car makers, slumped 13% in March and is down 26% so far this year....
-
Chip Shortage in China Could Curb Its EV Momentum19 Jul 2022
Tech experts say China will be dependent on foreign suppliers for years, so carmakers, who face a boom in demand and long supply delays, sometimes have to pay a premium to chip brokers...
-
Chinese Electric Car Maker Nio’s Shares Plunge on Short Seller Report30 Jun 2022
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'....
-
Geely-Backed Fund Joins $108m Investment in Imaging Firm08 Jun 2022
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...
With billionaire Ma giving up control of Ant, any potential revival of its IPO may be pushed back by a year or more, the WSJ reported....
-
US Regulator Hits Hyundai with $19.2 Million Fine26 Jul 2022
Hyundai Capital America submitted inaccurate payment information to credit reporting agencies for years, damaging consumers' credit ratings and driving up their borrowing costs....
-
China’s Didi Global Fined $1.2 Billion Over Data Breaches21 Jul 2022
The announcement on Thursday by the Cyberspace Administration of China followed a year-long investigation into Didi's collection and use of its customer data...
A Guatemalan girl, who turns 14 this month, and her two brothers, aged 12 and 15, all worked at the plant earlier this year and weren't going to school...
-
Acciona Plans $26bn Splurge on Australian Clean Energy – SMH14 Jul 2022
Spanish energy and building giant Acciona plans to spend $26 billion on renewable energy projects in Australia over the next five years, the company's chairman said...
-
Auto Firms Chase Smaller, Cheaper, Faster EV Batteries11 Jul 2022
Battery makers for electric vehicles are studying ways to create smaller and cheaper batteries to bring down prices, as batteries are currently the most expensive items in EVs....
More AF Indexes News
Asia Financial is owned by Capital Link International Holdings Ltd, 902, Wilson House 19-27 Wyndham Street, Central, Hong Kong. www.capitallinkintl.com
