Stocks

EV stocks plunge in Hong Kong as Covid curbs disrupt supply chain

NIO said on Saturday that it has suspended production as Covid has caused partners in its supply chain to shut down production. ...

ARK's Cathie Wood reveals her stance on China stocks after first buying NIO late last month

Wood said there is a huge opportunity consistent with common prosperity, but until things improve significantly, her holdings in China stocks will be relatively low. ...

EV stocks rise in Hong Kong as market sees overall rebound

NIO has extended its gains to 13.5 percent, a new high since it went public in Hong Kong. XPeng and Li Auto are both up over 10 percent. ...

China considers allowing full US access to most firms' audits, report says

If the plan goes ahead, it would mark an unusual reversal by Beijing, potentially ending a decades-long dispute, Bloomberg reported. ...

Chinese securities regulator gives more positive signals on audit issues

The CSRC held a video exchange today with some US-listed Chinese companies and investment firms to hear their views on the recent situation with China-concept stocks. ...

PCAOB sees no room for compromise on audit issues, report says

Market speculation about a final agreement on accounting regulation between the PCAOB and the Chinese side is premature, local media said, citing a statement. ...

NIO closes at record high in Hong Kong after six-day winning streak

Since March 16, NIO has accumulated nearly 60 percent gains in Hong Kong. ...

NIO back above opening price in Hong Kong debut after V-shaped rebound

NIO has accumulated about 50 percent gains in Hong Kong since last Wednesday. ...

EV stocks extend gains in Hong Kong, with NIO, XPeng, Li Auto all opening up over 10%

The Chinese government's expression of support for capital markets on Wednesday continued to give a boost to heavily sold Chinese assets. ...

Chinese regulators mulling measures to crack down on malicious short sellers, report says

Stocks of US-listed Chinese companies, Hong Kong shares and A-shares plunged recently in part because of malicious shorting by some international investors, a Chinese academic said ...