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Li_Dan
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ASML Expects Strong Sales in China for 2024 Despite Tech Curbs
49% of ASML's Q1 sales came from mainland China, up from a share of 39% in Q4 last year, while South Korea, the second largest single market for ASML, took a 19% share, down from 25% in Q4.
Li_Dan
· 4月27日
17.6万
Xi Tells Blinken China Welcomes Competition-Driven Progress, instead of Zero Sum Game
China is committed to non-alliance, and the US should not create small blocs, Chinese President Xi Jinping Xi told US Secretary of State Antony Blinken. China welcomes a confident, open, prosperous and thriving US, and hopes the US will also look at China’s development in a positive light, Xi said.
Li_Dan
· 4月27日
19.1万
ByteDance Reported to Prefer TiTok Shutdown in US after Sales Option Denied
ByteDance denied a report which said it discussed scenarios for selling more than 50% of TikTok US to a company outside the tech industry, and sales would exclude the algorithm that powers TikTok.
Li_Dan
· 4月26日
14.5万
Xiaomi Raises Delivery Target for 2024 to 100,000 SU7 Cars as Sales Could Top 70,000 Units in Three Weeks
Xiaomi CEO Lei Jun said the company originally set the target of 72,000 units this year. He expected the gross margin will be around 5% to 10%, adding that Xiaomi was discussing increasing production capacity and further cost support from suppliers.
Li_Dan
· 4月25日
14.9万
China Urges EU to Abide By WTO Rules after Probe into Medical Device Procurement Opened
If the latest probe confirmed the existence of suspected practices, Chinese companies could be completely cut off from public procurement across the EU.
Li_Dan
· 4月25日
15.1万
US President Biden Signs Potential TikTok Ban into Law
TikTok vowed to challenge the law in court right after Biden's signing and warned the ban "would devastate seven million businesses and silence 170 million Americans."
Li_Dan
· 4月25日
16.5万
iPhone Q1 Sales in China Sink 19% as Huawei, Honor and Xiaomi Outperformance
iPhone sales recorded its worst performance since 2020. Huawei Q1 sales surged 69.7% year-over-year, while Honor and Xiaomi saw their sales rose 11.5% and 8.6% respectively.
Li_Dan
· 4月24日
16.1万
China Refutes US Accusation of Overcapacity Ahead of Blinken Trip
The so-called overcapacity is another example of outright economic coercion and bullying, as its real intention is to kneecap China's industrial development and put the US in a more advantageous position in market competition, said a senior official from Chinese Foreign Ministry.
Li_Dan
· 4月24日
15.1万
US Senate Moves Closer to Pass Bill that Could Ban TikTok
The procedural vote of 80-19 showcased a wide bipartisan support that is enough to clear the Senate in a final vote.
Li_Dan
· 4月24日
15.2万
Li Auto Shares Plunge Over 8% on Price Cuts Following Tesla
Prior to Li Auto's price reduction of up to RMB20,000, Tesla reducing price for all models on sale in China by RMB14,000 at weekend.
Li_Dan
· 4月23日
16.9万
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