$Intel(INTC)$ is the casualty and poster child of misguided trade policies that have eroded the company's business.The company once generated 27% of its revenues from China (2022 & 2023). Now, it's laying off tens of thousands of employees.It could also be in line for a taxpayer funded bailout on top of the billions it is already receiving as part of the CHIPS Act.Talk about cutting one's own nose to spite their face. Ouch.Image

Did potential $NIO Inc.(NIO)$ $NIO-SW(09866)$ model buyers switch to Onvo instead in October? It’s a possibility. Nio brand order flow appears weaker than hoped. If I were NIO I would launch a more aggressive promotion campaign to entice new Nio brand buyers. “To maintain the new order flow for the Nio brand, the company also ramped up promotions in October. Nio increased accessary purchase bonus by RMB 2,000 ($280) per vehicle, from RM B18,000 in September to RMB 20,000 in October, applicable to all Nio-branded products, according to the team.” - Deutsche BankImageNIO October 2024 delivery update:➡️NIO branded cars: 16,657 (down 18% MoM)➡️ONVO branded cars: 4,319 (up 419% MoM)They need Onvo deliveries to

A quick comparison of $Tesla Motors(TSLA)$ and $BYD Co., Ltd.(BYDDF)$ 3Q24 results.BYD already beat Tesla on revenues, gross profit, and gross profit margins.✅Tesla still has a slight edge in terms of pure EVs sold. But don't expect BYD to unseat Tesla as No. 1 pure EV company soon, as hybrids are growing faster in China.From a valuation perspective, BYD is grossly undervalued relative to its MUCH LARGER peer.ImageI wonder if we'll see $Berkshire Hathaway(BRK.B)$ 's ownership in BYD rise above 5% again. Seems like they left quite a bit of money on the table with this one. Citi Raises BYD COMPANY's TP to $500 as GPM, FCF Beat

Hong Kong's Hang Seng Index adds 0.79% today and building some positive momentum on the back of next week's meeting. More #stimulus announcements expected. Nobody wants to take any big bets for or against at this point, as even short-selling turnover is light.EV names are moving higher as China-EU negotiations continue re tariffs and pricing. This could surprise to the upside. $XPENG-W(09868)$ $NIO-SW(09866)$ $LI AUTO-W(02015)$ $BYD COMPANY(01211)$$BILIBILI-W(09626)$ up 5.2% on anticipation of b

40% of TSLA's manufacturing capacity is in China. That 950k+ figure is already at max output given August total production of 86,697 units, including 23,241 exported. Production running at 1.04m units per year annualized. Estimate China accounted for 55% of total 3Q24 deliveries for the company.ImageOf course $Tesla Motors(TSLA)$ will continue to do well in the US and Europe. It doesn’t need to compete with Chinese EV imports. That’s the simple truth of it. The question is how long before Chinese EVs will gain manufacturing foothold in these markets to avoid tariffs, and how competitive can they be operating on foreign opex structures.

$HSTECH(HSTECH)$ slides 2.6% on Thursday (10/24) due to a lack of new catalysts and a strong US dollar (bearish for risk assets like Chinese equities). $KraneShares Hang Seng TECH Index ETF(KTEC)$ $KraneShares CSI China Internet ETF(KWEB)$ Short-selling turnover picked up to 15.9% by the end of the day, slightly lower than the mid-day ratio. $BABA-W(09988)$ at 10% $JD-SW(09618)$ at 17.5% $BIDU-SW(09888)$ at 19.4% in terms of short turnover. But EV names had some of the highest short-selling rates, with

To all the people who are saying that China's stock market is uninvestable and hasn't gone anywhere since it started, please take a look a this chart below.Since the CSI 300 Index was created in April 2005, the performance has trailed the $.SPX(.SPX)$ returns by 50%. That is, a 325% return for China vs. a 375% return for the S&P 500.What is also clear is that China's stock market is prone to explosive bull markets not seen in the U.S., as well as long bear markets (that aren't allowed to happen in the U.S.).The bull markets have, on average, seen 273% gains over a period of 1.5 to 2 years.We've already finished the very long bear market cycle in Chinese equities. What comes next, I'll leave to your imagination.

China's NEV exports are hitting a ceiling of about 120k per month. One hurdle for Chinese NEV exporters like $BYD Co., Ltd.(BYDDF)$ $Geely Automobile Holdings Ltd.(GELYF)$ is addressing the concern of service and part availability for units purchased today. A $Toyota(TM)$ bought 20 years ago can still be used today and kept in good working condition. Can the same be said for Chinese NEVs? Only time will tell. Also, markets that do not have domestic manufacturing of NEVs will likely price Chinese NEVs high vs. mainland prices. The domestic dealers will want to make a little bit extra up front because they forgo service revenues that would otherwise be obtained wit

China is nowhere near the peak per capita energy consumption from coal that the US and Australia saw before they turned away from the dirty fossil fuel. But it doesn’t mean China should allow its coal energy use to grow unchecked. I believe that much of the growth in electricity demand in China is coming from new electric vehicles hitting the roads. Soon, China will have as many new NEVs on the roads each year as the entire US car market.We can see that China is taking a multi-pronged approach to tackling its growing energy use. Coal is growing in terms of total output but declining as a share of overall energy consumption. That means opportunities abound in oil, natural gas, nuclear and renewable energy as growth areas in China’s energy profile. $iSh

$Tesla Motors(TSLA)$ pulling down big numbers in … CHINA. China accounted for more than half of Tesla’s sales in 3Q24. But China EVs virtually banned in the US. If $BYD Co., Ltd.(BYDDF)$ $BYD COMPANY(01211)$ $NIO Inc.(NIO)$ $NIO-SW(09866)$ $XPeng Inc.(XPEV)$ $XPENG-W(09868)$ $Li Auto(LI)$ $LI AUTO-W(02015)$ lose out on a market they don’t even sell cars in today, how does it impact their business & prosp

$HSTECH(HSTECH)$ melts 🔻 by 12.8% following the NDRC’s announcement that didn’t lead to more big fiscal stimulus. One of the highest volume days on record and declines despite mainland investors returning from a weeklong holiday. $KraneShares CSI China Internet ETF(KWEB)$ $KraneShares Bosera MSCI China A 50 Connect Index ETF(KBA)$ $iShares MSCI China ETF(MCHI)$ $KraneShares Hang Seng TECH Index ETF(KTEC)$ $CoreValues Alpha Greater China Growth ETF(CGRO)$ Biggest losses suffered by semiconductor/AI names like

1. $EHang Holdings Ltd(EH)$ One of the biggest movers in the China ADR universe today is EHang Holdings. Pilotless eVTOL rocks. Image2. $BABA-W(09988)$ $Alibaba(BABA)$ BABA now down 0.4% and trading at a 3.4% discount to HK listed shares despite tomorrow Chinese investors will come back to the market since Sept 30 and able to trade Alibaba on the Stock Connect. 🤔3. $Gold - main 2412(GCmain)$ You might be wondering why Chinese buyers are a little weary of buying gold these days. But the fact it’s holding close to $2700 in the absence China purchases is remarkable. The rest of the world is taking on more gold and realiz

$HSTECH(HSTECH)$ notched another day of solid gains, rising 3.05%. Get this, the index is now up 41.5% year-to-date! $KraneShares Hang Seng TECH Index ETF(KTEC)$ $KraneShares CSI China Internet ETF(KWEB)$ $Direxion Daily CSI China Internet Index Bull 2x Shares(CWEB)$ $BABA-W(09988)$ $JD-SW(09618)$ $BIDU-SW(09888)$ $TENCENT(00700)$ $CoreValues Alpha Greater China Growth ETF(CGRO)$ It wasn't so much as lar