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PricewaterhouseCoopers had been Evergrande’s auditor since 2009 — when the developer listed in Hong Kong — and resigned from that position in January last year
US-listed shares of the chip designer, seen as benefitting from investors' hunt for the "next Nvidia", have surged more than 95% in just the last seven trading sessions alone
"If you just assume that computers never get any faster, you might come to the conclusion we need 14 different planets and three different galaxies and you know four more Suns to fuel all this."
Beijing says it hopes the US 'can correct 'wrong' practices' on chip trade following an announcement from Nvidia chief Jensen Huang that would start selling H20 chips to China again...
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US Wants Vietnam To Cut Trade With China As Part Of Tariff Deal03 Jun 2025
The Donald Trump government has reportedly put a "long" list of "tough" requests before Vietnamese officials as part of tariff talks...
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China Threatens Legal Action Against Anyone Who Shuns Its Chips21 May 2025
Beijing says it will invoke its anti-sanctions law against any individual or organisation that adheres to a recent US warning about Huawei's Ascend chips...
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Beijing Says Latest US Chip Warning Puts Trade Truce at Risk20 May 2025
A war of words on artificial intelligence chips is the latest complication in the frail trade truce reached at between negotiators from China and the US...
The Chinese government has previously said automakers will have to repay subsidies that they have been found to have claimed improperly...
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BYD to Take ‘Full Responsibility’ For Smart Parking Accidents09 Jul 2025
BYD is the first carmaker to assume full responsibility for an autonomous driving feature in China and the world...
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Ford Still Not Getting Enough Rare Earth Magnets From China — WSJ25 Jun 2025
A Ford executive said this week that China’s approval process for rare earth exports was still much slower than what the industry needed...
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China’s BYD Cuts Back on EV Production, Factory Expansions25 Jun 2025
The world's biggest EV-maker is grappling with rising inventory even after offering deep price cuts in China's cut-throat auto market...
World's top chipmaker says sales are roaring. The group has ramped up outlays on new factories, but tariffs on chips and Taiwan cloud its outlook...
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China Scrambles for Nvidia’s H20 Chips as Trump ‘Reverses’ Curbs15 Jul 2025
China’s internet giants ByteDance and Tencent are among the firms that are in the process of submitting applications for the chips...
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Nvidia’s Huang Says China’s Military ‘Can’t Rely on US Tech’14 Jul 2025
Nvidia founder Jensen Huang says chip curbs may be counterproductive after US senators urge him to avoid military firms on this trip to China this week...
Ministers have vowed to promote high-quality development of the EV sector and comprehensive measures to cool the industry's "irrational competition"...
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Tesla Set to Open Showroom in Mumbai, India, Early Next Week11 Jul 2025
CEO Elon Musk will open Tesla's first outlet in the world's third largest car market next Tuesday. The EV maker is just opening a showroom initially...
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Boom in Electric Truck Sales Cuts Demand for Diesel in China11 Jul 2025
Sales of trucks that run on new energy are reported to have soared by 175% in the first half of this year...
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