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21/05/2025
In New York on Tuesday, the offshore yuan against the US dollar reported 7.2152 yuan at 04:59 Beijing time, down 5 points from Monday's New York closing. The overall trading range for the day was between 7.2128 and 7.2263 yuan.
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4 m ago
The spokesperson of the Ministry of Commerce has issued a statement regarding the US's attempt to globally ban the use of advanced Chinese computing chips.
4 m ago
Keide Investment establishes its first domestic fund in China.
4 m ago
Citigroup raises BYD's target price, favorable for the company as the export pattern for passenger vehicles improves.
4 m ago
Citigroup once again raised BYD's target price, saying that the export pattern of Chinese passenger cars in the first four months of this year further benefits BYD. Analysts, including Jeff Chung, stated in their report that BYD's market share of pure electric vehicle exports increased significantly from 23% in the fiscal year 2024 to 38% in the first four months of 2025. BYD's target of exporting 800,000 to 1 million vehicles in fiscal year 2025 is progressing smoothly. Citigroup has respectively raised BYD's Hong Kong and A-share target prices to HK$727 and RMB669. Previously, Citigroup had already raised the target price of the stock in February.
4 m ago
Hand in hand with Google to develop smart glasses, Warby Parker's stock price soared.
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