Latest News: AF Indexes
China’s Ministry of State Security made the claims in a report titled “Uncovering the main despicable means of cyberattacks and secret theft by US intelligence agencies”
France’s decision — which follows an EU investigation into Chinese state subsidies for EV production — is aimed at reducing the country’s carbon footprint through imports, an official said
Huawei's chip design unit has produced new chips for surveillance cameras, sources say, in another sign the Chinese tech giant has found a way around US sanctions
Huawei’s planned event comes on the heels of Apple’s iPhone 15 launch event held on Tuesday, which received mixed reactions in China...
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For China Users, an Apple vs Huawei Battle is Picking up Pace13 Sep 2023
Apple's globally anticipated event to launch its latest iPhone 15 saw mixed reactions in China - the company's third largest market...
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New Alibaba CEO Wants Focus on AI, ‘Young Employees’ At Helm12 Sep 2023
Eddie Wu, a long-time lieutenant of former Alibaba chief Jack Ma, takes charge of the company amid its biggest organisational restructure of its 24-year history...
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Alibaba Stock Slips On Daniel Zhang’s Sudden Cloud Unit Exit11 Sep 2023
The cloud unit is Alibaba's second-biggest money spinner, valued at $41 billion to $60 billion ahead of an IPO planned for next year...
China's Ministry of Commerce said Europe's anti-subsidy investigation would have a negative impact on China-EU economic and trade relations, as local carmakers' shares slid on Thursday ...
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Europe Assessing Tariffs on Chinese EVs Amid Subsidy Concerns13 Sep 2023
EC move follows concern over the flood of Chinese electric vehicles into Europe amid fear that Beijing's subsidies for car and battery makers are a threat to the continent's production of EVs...
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China’s Gotion Gets US Nod on $2 Billion Lithium Battery Plant10 Sep 2023
Gotion will be eligible to receive US tax benefits totalling $213 million over 30 years and also get $125 million in capital funding from Illinois...
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Top China Auto Chipmaker Racks Up $2.7 Billion in State Funding07 Sep 2023
State media said the investment was a clear sign of Beijing's push to end the country's reliance on foreign semiconductor firms...
Sections in China's anti-espionage law, which was updated in July, ban the transfer of any information related to national security and interests, without defining those terms...
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SoftBank’s Arm Nets $65bn Valuation in Blockbuster Nasdaq Debut15 Sep 2023
Arm's debut will likely encourage other tech companies to move forward with their IPOs, but it does not likely signal a return to the frothy market of 2021, market analysts say...
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China Sanctions US Defence Firms For Arms Sold to Taiwan15 Sep 2023
The sanctions against Lockheed Martin and Northrop Grumman would be imposed via China's Anti-Foreign Sanctions Law, a foreign ministry official said on Friday...
EU leaders will discuss areas of vulnerability in the supply of new energy systems, such as lithium batteries and fuel cells for electric vehicles, to avoid the dependency it had on Russia for oil & gas...
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Shanghai Exchange Looking at Nickel Futures, May Rival LME14 Sep 2023
Shanghai Futures Exchange has been studying the nickel market, and may launch nickel contracts on its International Energy Exchange, sources say...
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China’s Ban on iPhone Use Expands to Local and State Entities08 Sep 2023
China's ban on iPhone use by government workers was extended to local government entities last month, raising fears that Apple and its suppliers could be hit hard by rising Sino-US tension...
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