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September EV report card: Leapmotor’s deliveries surpassed 60,000 for the first time, while XPeng and Xiaomi both broke the 40,000 mark; Li Auto and NIO set new delivery records.

September EV report card: Leapmotor’s deliveries surpassed 60,000 for the first time, while XPeng and Xiaomi both broke the 40,000 mark; Li Auto and NIO set new delivery records.

China's new energy vehicle makers delivered a strong performance in September, with several automakers posting record-high delivery volumes. On October 1st, latest data showed that Leapmotor's September deliveries surpassed 60,000 units for the first time, with a year-on-year growth rate exceeding 97%. At the same

Altman secretly visits Hon Hai and TSMC: discusses collaboration details for Stargate and self-developed ASIC chip project

Altman secretly visits Hon Hai and TSMC: discusses collaboration details for Stargate and self-developed ASIC chip project

Recently, OpenAI CEO Sam Altman was reportedly making a low-profile visit to Foxconn and TSMC. According to Taiwan Economic Daily, citing industry sources, Altman arrived in Taiwan on September 30 and held separate meetings with Foxconn and TSMC. The core topics discussed centered on OpenAI’s two strategic pillars: the

Korean stocks that surged this year are targeting “chaebol interests.” The next step in reform: “cancel” treasury shares to eliminate the “kimchi discount.”

Korean stocks that surged this year are targeting “chaebol interests.” The next step in reform: “cancel” treasury shares to eliminate the “kimchi discount.”

To eliminate the long-standing “Korea discount” troubling the market, the Korean government is preparing to unveil a major reform — the mandatory cancellation of treasury shares held by companies. Recently, Park Hong Bae, a lawmaker from the ruling Democratic Party in Korea, told Bloomberg that the National Assembly is highly likely

AI business is strong, and Google’s parent company Alphabet has posted its best quarterly performance in twenty years.

AI business is strong, and Google’s parent company Alphabet has posted its best quarterly performance in twenty years.

``` Driven by strong momentum in artificial intelligence, Alphabet Inc.'s stock price posted its best quarterly performance in twenty years. Alphabet's Class A shares surged 38% in the third quarter, marking the biggest quarterly gain since 2005. This performance brings its year-to-date increase to over 28%, ranking

U.S. government shutdown impacts markets, gold surpasses $3,900 to hit new record high, U.S. stock futures and Japanese stocks fall

U.S. government shutdown impacts markets, gold surpasses $3,900 to hit new record high, U.S. stock futures and Japanese stocks fall

At 12 noon, the U.S. government will shut down again for the first time since 2019, and global financial markets are facing new uncertainties. During the Asian trading session, S&P 500 index futures and Nasdaq index futures both fell by about 0.5%. Safe-haven sentiment pushed COMEX

Every six months, there’s a wave of “AI bubble talk”—when will the “wolf really come”?

Every six months, there’s a wave of “AI bubble talk”—when will the “wolf really come”?

``` Just like a clock, every six months, a similar plot unfolds again. The "AI bubble theory" always appears on time, causing a brief panic in the market, only to be quickly drowned out by another wave of mania. From Goldman Sachs questioning its commercial returns, to China launching

Trump announces price reduction deal; Pfizer granted three-year exemption from drug tariffs, shares rise over 6% intraday.

Trump announces price reduction deal; Pfizer granted three-year exemption from drug tariffs, shares rise over 6% intraday.

``` Before the Trump administration’s 100% ultra-high drug tariffs came into effect, American pharmaceutical giant Pfizer secured a three-year exemption from drug tariffs through an agreement to lower drug prices. On Tuesday, September 30 Eastern Time, U.S. President Trump announced at the White House that his administration had reached