Phate Zhang

Nvidia said Monday it will launch the A800 chip in China, which complies with recent US export control regulations.

This appears to be the latest move by Tesla to boost sales in the fourth quarter after it cut prices in China late last month.

Chinese cars are affordable, while Western manufacturers can't offer enough electric vehicles, Fitch Solutions said.

Rumors that Xpeng may launch extended-range electric vehicles (EREVs) festered on Chinese social media over the weekend, and the company's co-founder denied it.

Nio previously announced goals to have more than 1,300 battery swap stations and more than 6,000 supercharging piles in China by the end of 2022.

Berkshire sold these shares on November 1 to cash out HK$560 million, reducing its stake in BYD to 17.92 percent.

In the meantime, the Tianjin auto show will be held from November 10 to November 15 as planned.

US audit inspectors completed the first round of on-site inspections of Chinese companies ahead of schedule, signaling progress in the process of preventing the delisting of shares of US-listed Chinese companies, Bloomberg reported.

This is Xpeng's second ABS offering in the domestic capital market, further diversifying its direct financing channels on China's two major exchanges.

Hong Kong stocks rose overall, with the Hang Seng Index up 5.8 percent and the Hang Seng Tech Index up 8.2 percent.