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15.09.25 - 09:15
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XPENG, GWM Say to Keep Fulfilling Payment Term Commitments (AAStocks)
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The China Association of Automobile Manufacturers (CAAM), having released the Guidelines for Payment Terms to Suppliers by Automakers, received responses and support from the Ministry of Industry and Information Technology (MIIT) and other relevant Chinese government departments. Subsequently, XPENG-W (09868.HK)(XPEV.US) and GWM......
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21.08.25 - 10:15
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Full-day Takeaway: HSI Closes at 25,104, Down 61 pts; HSTI Closes at 5,498, Down 42 pts; MEITUAN Down over 3%; CRYSTAL INTL, JS GLOBAL LIFE, GREATWALL MOTOR, CRRC, YIXIN Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI dropped 61 pts or 0.2% to 25,104. HSTI dropped 42 pts or 0.8% to 5,498. HSCEI fell 38 pts or 0.4% to 8,974. Market turnover reached $239.49 billion.Active Heavyweights:MEITUAN (03690.HK) closed at $117.1, down 3.1%XIAOMI (01810.HK) closed at $51.35, down 2.3%BABA (09988.HK) closed at $115.7, down 1.5%TENCENT (00700......
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21.08.25 - 06:15
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Midday Takeaway: HSI Closes Midday at 25,140, Down 24 pts; HSTI Closes Midday at 5,513, Down 28 pts; CHINA UNICOM Up over 3%; CHINAHONGQIAO, JS GLOBAL LIFE, CRYSTAL INTL, YIXIN, GREATWALL MOTOR Hit New Highs (AAStocks)
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At midday close, HSI dropped 24 pts or 0.1% to 25,140. HSTI dropped 28 pts or 0.5% to 5,513. HSCEI fell 29 pts or 0.3% to 8,984.Active Heavyweights:XIAOMI (01810.HK) closed at $51.25, down 2.5%MEITUAN (03690.HK) closed at $119, down 1.5%TENCENT (00700.HK) closed at $594.5, up 0.7%BABA (09988.HK) closed at $116.8, down 0.6%HKEX (......
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19.08.25 - 07:12
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Studie: Chinesen drücken Preise für Elektro-Autos (DPA-AFX)
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Die chinesischen Autohersteller werden einer Studie zufolge ihre Kostenvorteile schon bald auf dem europäischen Markt ausspielen. Momentan herrsche auf dem chinesischen Heimatmarkt ein knallharter Preiskampf, um so schnell wie möglich eine monopolartige Größe zu erreichen, heißt es in der Analyse des Instituts Center Automotive Research (CAR). Ziel von Herstellern wie BYD, MG oder Great Wall sei die Kosten- und Marktführerschaft..
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18.08.25 - 16:36
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GWM eröffnet Werk in Brasilien – baut dort aber auch Diesel (Electrive)
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Der chinesische Autohersteller Great Wall Motor (GWM) hat die Produktion in seinem Werk in Brasilien aufgenommen. Anders als ursprünglich angekündigt handelt es sich bei der Produktionsstätte aber um keine Fabrik rein für E-Autos und Plug-in-Hybride. Hergestellt werden dort auch Diesel....
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18.08.25 - 08:36
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China′s Great Wall opens Brazil car plant, seeks site for second (SCMP)
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Chinese carmaker Great Wall Motor (GWM) may have just opened its first factory in Brazil, but is already scoping out sites for a second plant as it ramps up its ambitions in South America's largest economy.
The Iracemápolis, São Paulo facility was opened August 15, four years after Great Wall bought it from Daimler. Three models will be produced there – the Haval H6 and H9 sport utility vehicles, and the Power P30 pickup truck.
While it has the capacity to produce 50,000 vehicles a year, GWM......
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30.07.25 - 08:00
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Iqbal Khan drückt brutal aufs Tempo (Inside Paradeplatz)
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Asienboss holt 27 Mrd. Neugeld – boosted by Credit, klarer Favorit für CEO-Nachfolge. 5'000 Stellen weg, CS-Integration mehrere Monate in Verzug.
Iqbal Khan dreht auf. Der Co-Leiter des Global Wealth Managements der UBS (GWM) hat 27 Milliarden Dollar Neugelder an Land gezogen. Demgegenüber verlor sein interner Widersacher Rob Karofsky als anderer Co-Chef des GWM Kunden. Net new outflows: 3,5 Milliarden. Damit […]...
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19.06.25 - 06:36
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China Auto Industry On Verge Of Collapse As Six Major Cities Run Out Of Car-Buying Subsidies (ZeroHedge)
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China Auto Industry On Verge Of Collapse As Six Major Cities Run Out Of Car-Buying Subsidies
China auto industry was already on the rocks.
Recall, in late May we reported that a historic price war had broken out in China, one where the world's largest maker of EVs, BYD, had just cut prices by 34% in a desperate attempt to capture market share and put its competitors out of business (while unleashing a deflationary global shockwave that would crush EV makers around the globe).
Overnight the world's largest maker of EVs, China's BYD (it surpassed Tesla last year) unleashed a price war nuke, cutting prices by up to 34%. Other Chinese automakers immediately followed. This will send a deflationary shockwave and spark major trade war escalation by Europe
— zerohedge (@zerohedge) May 27, 2025
Just a few days later, Wei Jianjun, Chairman of Great Wall Motor - one of China's largest car makers - said China's auto industry was going through its own "Evergrande" moment as a result of the...
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18.06.25 - 10:54
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UBS Invests in UK Fintech Icon Solutions to Shape the Future of Payments Technology (Business Wire)
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Swiss bank leads new funding round; joined by existing investors Citi and NatWestLONDON--(BUSINESS WIRE)--Icon Solutions, the UK fintech enabling banks globally to design and implement state-of-the-art payment systems, has today announced a new equity investment from UBS. Icon has also secured additional funding from existing investors Citi and NatWest.
Pieter Brouwer, Head of Group Operations and Technology Office (GOTO) for Personal & Corporate Banking and GWM Switzerland & International, at UBS comments: “Icon, an important partner of UBS, plays a crucial role in modernizing payment platforms with innovative infrastructure solutions.” Brouwer adds: “This investment reinforces our partnership with Icon and confirms our commitment to deliver faster to market, future-ready payment solutions for our clients. The collaboration helps us drive innovation at scale and enhances our capabilities for seamless instant payments and advanced transaction processing.”
UBS will join existing investors Citi and ...
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