Power Battery "Go Global": Hot Market, Mixed Fortunes
The potential of overseas markets for lithium battery companies is akin to the "siren's song," luring valiant youths to venture into the hot lands in search of "gold."At the beginning of this year, CA...
A-Share Solar Sector Stirs; Inverter Stocks Lag
On September 24th, the Shanghai Composite Index recorded its largest single-day gain in nearly four years. As of the close today, the Shanghai and Shenzhen indices reported at 2863.13 points and 8435....
Central Bank Announces Reduction in Existing Mortgage Rates; Details Still Unclear
The long-awaited public announcement of the reduction in the interest rates on existing housing loans has finally been made official.On September 24th, at a press conference held by the State Council ...
Offshore Yuan Hits 16-Month High, Briefly Breaking 7
On the morning of September 25th, the offshore renminbi's spot exchange rate against the US dollar once broke through the 7.0 mark, marking the first time since May 2023. It is noteworthy that on Sept...
Price War Leads to Over 100 Billion Yuan Loss in New Car Sales in China
In the past, dealers who wanted to obtain authorization for a luxury brand store had to pay more than ten million yuan in public relations fees. Some car companies even required dealers to have govern...