The CIIE provides us with a valuable platform to continuously explore growth opportunities in China. From the first exhibition to the first store, from exhibits to products, General Motors is continuously bringing the best products, technologies, and services to Chinese consumers. "During the 7th China International Import Expo, Steve Hill, Senior Vice President of General Motors and President of General Motors China, said in an interview with The Paper. He Siwen ... 阅读全文

Securities Times Online News: According to a research report by China Securities International, Yum! China's total revenue in the third quarter increased by 5% year-on-year to 3.07 billion US dollars, system sales increased by 4% year-on-year, core operating profit increased by 18% year-on-year, and net profit increased by 22% year-on-year to 297 million US dollars. Yum! China has significant competitive advantages and brand influence in the fast food industry, w ... 阅读全文

During the transition period of CEO handover, Est é e Lauder Group is facing significant performance pressure. On November 5th, a reporter from Beike Finance of the New Beijing News learned that cosmetics giant Est é e Lauder released its first quarter financial report for the fiscal year 2025 ending on September 30, 2024. During the reporting period, Est é e Lauder Group achieved net sales of 3.361 billion US dollars, a year-on-year decrease of 4.46% from 3.5 ... 阅读全文

On November 6th, the latest announcement on the official website of the Center for Drug Evaluation (CDE) of the National Medical Products Administration stated that AbbVie's application for the launch of a new drug, a concentrated solution for injection of cetuximab, has been accepted. This innovative therapy was previously listed by industry media Evalute as one of the top ten potential heavyweight therapies for 2023. According to publicly available information ... 阅读全文

According to the Tianyancha App, recently, Lixing Automotive Sales Service (Wuxi) Co., Ltd. was established, with Nie Maolin as the legal representative and a registered capital of 1 million yuan. Its business scope includes the sales of new energy vehicles, retail of automotive parts, information consulting services, second-hand car brokerage, operation of electric vehicle charging infrastructure, centralized fast charging stations, etc. The equity panoramic pen ... 阅读全文

On Tuesday Eastern Time, the three major US stock indices collectively closed higher. As of the close, the Dow Jones Industrial Average rose 1.02%, the Nasdaq rose 1.43%, and the S&P 500 index rose 1.23%. Most popular Chinese concept stocks rose on Tuesday. The Nasdaq China Golden Dragon Index (HXC) closed up 1.63%.

The vote counting for the US presidential election is underway, with US media predicting that Trump will receive all the electoral votes in the swing state of Georgia. According to preliminary estimates released by multiple US media outlets, Trump won 16 electoral votes in the swing state of Georgia. Georgia is the "swing state" with the second highest number of electoral votes in this US presidential election, second only to Pennsylvania with 19 votes, and tied ... 阅读全文

This year's US presidential election has been evenly contested, with many market participants even stating that they will not trade the election because it is too difficult to predict the outcome. Among the major asset investors involved in the election trading, the market trends and voting progress are equally anxious and divided. Various data indicators show that the US bond market is betting on Harris winning, while exchange rates such as the US dollar, Mexica ... 阅读全文

Recently, at the 7th China International Import Expo, AMD Semiconductor Company (hereinafter referred to as AMD) showcased its leading end-to-end AI infrastructure products and solutions under the theme of "AI+New Quality Productivity". This is AMD's fourth consecutive appearance at the CIIE. AMD Senior Vice President and President of Greater China, Pan Xiaoming, stated that AI is the top priority of AMD's development strategy. Through continuous deepening of the ... 阅读全文

On November 6th, Red Star Capital Bureau reported that the legal department of Ideal Automobile announced on its Weibo account that recently, illegal individuals have been found impersonating employees, relatives, friends, or authorized dealers of Ideal Automobile to conduct negotiations with major clients and overseas sales business. Regarding this, Ideal Automobile pointed out that currently, Ideal Automobile has not established any domestic or overseas sales a ... 阅读全文

On November 6th, the post market gains of Trump Media Technology Group's US stock market expanded to 30%. Tesla's US stock rose 4.3% after trading.

The Wall Street Journal recently reported that Applied Materials, a US semiconductor equipment manufacturer, has officially notified its suppliers to search for replacement parts purchased from China, otherwise it may lose its supplier qualification and be removed from the company's supply chain. In response to Interface News, Applied Materials Company stated, "Applied Materials Company manages the global supply chain and identifies alternative sources to maximiz ... 阅读全文

Against the backdrop of the global wave of artificial intelligence, the competition in the AI smartphone market is becoming increasingly fierce. With the official release of iOS 18.1 by Apple, which integrates the AI function of Apple Intelligence, it marks the official landing of Apple AI on consumers' smartphones. At the same time, domestic technology company Zhipu AI is not to be outdone and has launched its own intelligent agent AutoGLM, injecting new vitalit ... 阅读全文

On November 6th, according to Marriott International's financial performance for the third quarter of 2024, the company's total revenue reached 6.255 billion US dollars, a year-on-year increase of 5.52%; Net profit of approximately 584 million US dollars, a year-on-year decrease of 22.34%; Adjusted net profit of approximately 638 million US dollars, a year-on-year increase of 0.63%; Adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) w ... 阅读全文

The market dances with the wind! Just now, there was a huge shock in the foreign exchange market. The offshore RMB against the US dollar rose to 7.0906 yuan in the Asian market in the morning, and then quickly fell back, hitting a low of 7.1106 yuan, with a intraday fluctuation of about 200 points. Afterwards, the decline of the RMB increased again and broke through the 7.13 mark. During this process, the US dollar index also experienced ups and downs, dropping t ... 阅读全文

Nvidia just surpassed Apple again on Tuesday and regained the top spot in the global enterprise market value ranking. However, in another ranking that focuses on the annual stock price increases of S&P 500 index constituent stocks, Nvidia's ranking actually dropped one place. According to industry statistics, among the companies with the largest annual increase in the S&P 500 index, Nvidia has now fallen to third place. In mid September, the stock's increase was ... 阅读全文

On November 6th, Caixin Society reported that TSMC has obtained approval from Nvidia to raise prices next year. The price of 3nm process may increase by up to 5%, and the price of CoWoS packaging may increase by about 10% to 20%. The actual increase will depend on TSMC's capacity growth. On November 2nd, Morgan Stanley released a report stating that wafer foundry giant TSMC is considering raising prices for its highly demanded 3nm process and CoWoS advanced packa ... 阅读全文

Tesla's Shanghai Gigafactory will deliver 68280 vehicles in October 2024, with domestic sales exceeding 40000 vehicles, a year-on-year increase of 41%. Among them, Model Y sold over 36000 units domestically in October; This year, the cumulative sales volume in China has exceeded 373000 units. According to data from the China Association of Automobile Manufacturers, Tesla's Shanghai Gigafactory will deliver 68280 vehicles in October 2024, with domestic sales excee ... 阅读全文

Recently, during this year's Q3 earnings call, Ford CEO Jim Farley revealed that China and its exports contributed over $600 million to Ford's pre tax profit this year. Light assets are the key to Ford's profitability in China. Ford CFO John Lawler introduced that "Ford's profits in China mainly come from our joint ventures or Jiangling Motors' export strategy, exporting these cars to other regions in Asia and South America. In 2022, Ford's sales in China decreas ... 阅读全文

In 2020, Pennsylvania announced the results four days after the end of voting.