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- Kelmok1980Kelmok1980
  ·2021-02-11
  That's great news.
  Biden speaks with China's Xi in their first call since U.S. election
  WASHINGTON, Feb 10 - U.S. President Joe Biden spoke to Chinese President Xi Jinping on Wednesday, the White House said, his first direct contact with the leader of the world's second-largest economy since winning election in November and taking office last month.It was also the first call between Xi and a U.S. president since the Chinese leader spoke with former President Donald Trump in March last year. Since then, relations between the two countries have plunged to their worst level in decade
  Biden speaks with China's Xi in their first call since U.S. election
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- Kelmok1980Kelmok1980
  ·2021-02-08
  Good.
  Chinese EV startup Byton explores listing via SPAC deal -sources
  SHANGHAI, Feb 8 (Reuters) - Chinese electric vehicle (EV) maker Byton, backed by Apple assembler Fox
  Chinese EV startup Byton explores listing via SPAC deal -sources
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U.S. President Joe Biden spoke to Chinese President Xi Jinping on Wednesday, the White House said, his first direct contact with the leader of the world's second-largest economy since winning election in November and taking office last month.It was also the first call between Xi and a U.S. president since the Chinese leader spoke with former President Donald Trump in March last year. 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Since then, relations between the two countries have plunged to their worst level in decades.</p>\n<p>Biden \"underscored his fundamental concerns about Beijing’s coercive and unfair economic practices, crackdown in Hong Kong, human rights abuses in Xinjiang, and increasingly assertive actions in the region, including toward Taiwan,\" the White House said in a statement.</p>\n<p>Biden and Xi \"exchanged views on countering the COVID-19 pandemic, and the shared challenges of global health security, climate change, and preventing weapons proliferation,\" the statement said.</p>\n<p>The U.S. president also told Xi the United States wanted to preserve \"a free and open Indo-Pacific,\" it said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2110049524","content_text":"WASHINGTON, Feb 10 (Reuters) - U.S. President Joe Biden spoke to Chinese President Xi Jinping on Wednesday, the White House said, his first direct contact with the leader of the world's second-largest economy since winning election in November and taking office last month.\nIt was also the first call between Xi and a U.S. president since the Chinese leader spoke with former President Donald Trump in March last year. Since then, relations between the two countries have plunged to their worst level in decades.\nBiden \"underscored his fundamental concerns about Beijing’s coercive and unfair economic practices, crackdown in Hong Kong, human rights abuses in Xinjiang, and increasingly assertive actions in the region, including toward Taiwan,\" the White House said in a statement.\nBiden and Xi \"exchanged views on countering the COVID-19 pandemic, and the shared challenges of global health security, climate change, and preventing weapons proliferation,\" the statement said.\nThe U.S. president also told Xi the United States wanted to preserve \"a free and open Indo-Pacific,\" it said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389649343,"gmtCreate":1612771887782,"gmtModify":1704873965264,"author":{"id":"3574037450043747","authorId":"3574037450043747","authorIdStr":"3574037450043747","name":"Kelmok1980","avatar":"https://static.tigerbbs.com/d17733e00780d6081759e128588fbfc5","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574037450043747"},"themes":[],"htmlText":"Good.&nbsp;","listText":"Good.&nbsp;","text":"Good.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/389649343","repostId":"2109330081","repostType":4,"repost":{"id":"2109330081","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1612769597,"share":"https://ttm.financial/m/news/2109330081?lang=&edition=fundamental","pubTime":"2021-02-08 15:33","market":"sh","language":"en","title":"Chinese EV startup Byton explores listing via SPAC deal -sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2109330081","media":"Reuters","summary":"SHANGHAI, Feb 8 (Reuters) - Chinese electric vehicle (EV) maker Byton, backed by Apple assembler Fox","content":"<p>SHANGHAI, Feb 8 (Reuters) - Chinese electric vehicle (EV)&nbsp;maker Byton, backed by Apple assembler Foxconn, is in talks to go public through a merger with a special-purpose acquisition company (SPAC), people familiar with the matter told Reuters.</p><p>Byton, whose key shareholders also include China's state-owned automaker FAW Group and EV battery maker CATL, is in talks with potential SPAC companies and investors about the listing and plans to go public as early as this year, two sources, who declined to be named as the talks were private, said.</p><p>Byton was launched in 2017 by Future Mobility Corp, a company co-founded by former BMW and Nissan Motor</p><p>executives. But it has been facing cash flow problems since 2019 as investors were cautious ploughing money in a crowded sector when EV sales growth was slowing in the world's biggest car market.</p><p>The embattled company was building a car factory in the eastern city of Nanjing but suspended the endeavour in July to conduct a reorganisation of the firm.</p><p>Last month Byton sealed a deal to start making electric sport-utility vehicles with Foxconn and the Nanjing Economic and Technological Development Zone in 2022.</p><p>As part of the agreement, Foxconn will invest $200 million into the SUV research and production project and will help build supply chain for the EV production that aims to lower car manufacturing costs, one&nbsp;of the sources said.</p><p>Byton declined to comment.</p><p>\"The company is currently focusing on the optimisation of the supply chain manufacturing of Byton's new energy vehicles, and will not comment on other market rumours,\" Foxconn, formally Hon Hai Precision Industry Co Ltd, said in a statement.</p><p>A SPAC is a shell company that raises money through an initial public offering to buy an operating entity, typically within two years.</p><p>SPACs have emerged as a quick route to the stock market for companies, particularly auto technology firms, and have proven popular with investors seeking similar benefits to that of Tesla Inc's high stock valuation.</p><p>EV industry companies Microvast, Faraday Future and EVgo Services are some of the firms in the industry that have agreed to merge with SPACs so far this year.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese EV startup Byton explores listing via SPAC deal -sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese EV startup Byton explores listing via SPAC deal -sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-02-08 15:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, Feb 8 (Reuters) - Chinese electric vehicle (EV)&nbsp;maker Byton, backed by Apple assembler Foxconn, is in talks to go public through a merger with a special-purpose acquisition company (SPAC), people familiar with the matter told Reuters.</p><p>Byton, whose key shareholders also include China's state-owned automaker FAW Group and EV battery maker CATL, is in talks with potential SPAC companies and investors about the listing and plans to go public as early as this year, two sources, who declined to be named as the talks were private, said.</p><p>Byton was launched in 2017 by Future Mobility Corp, a company co-founded by former BMW and Nissan Motor</p><p>executives. But it has been facing cash flow problems since 2019 as investors were cautious ploughing money in a crowded sector when EV sales growth was slowing in the world's biggest car market.</p><p>The embattled company was building a car factory in the eastern city of Nanjing but suspended the endeavour in July to conduct a reorganisation of the firm.</p><p>Last month Byton sealed a deal to start making electric sport-utility vehicles with Foxconn and the Nanjing Economic and Technological Development Zone in 2022.</p><p>As part of the agreement, Foxconn will invest $200 million into the SUV research and production project and will help build supply chain for the EV production that aims to lower car manufacturing costs, one&nbsp;of the sources said.</p><p>Byton declined to comment.</p><p>\"The company is currently focusing on the optimisation of the supply chain manufacturing of Byton's new energy vehicles, and will not comment on other market rumours,\" Foxconn, formally Hon Hai Precision Industry Co Ltd, said in a statement.</p><p>A SPAC is a shell company that raises money through an initial public offering to buy an operating entity, typically within two years.</p><p>SPACs have emerged as a quick route to the stock market for companies, particularly auto technology firms, and have proven popular with investors seeking similar benefits to that of Tesla Inc's high stock valuation.</p><p>EV industry companies Microvast, Faraday Future and EVgo Services are some of the firms in the industry that have agreed to merge with SPACs so far this year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2109330081","content_text":"SHANGHAI, Feb 8 (Reuters) - Chinese electric vehicle (EV) maker Byton, backed by Apple assembler Foxconn, is in talks to go public through a merger with a special-purpose acquisition company (SPAC), people familiar with the matter told Reuters.Byton, whose key shareholders also include China's state-owned automaker FAW Group and EV battery maker CATL, is in talks with potential SPAC companies and investors about the listing and plans to go public as early as this year, two sources, who declined to be named as the talks were private, said.Byton was launched in 2017 by Future Mobility Corp, a company co-founded by former BMW and Nissan Motorexecutives. But it has been facing cash flow problems since 2019 as investors were cautious ploughing money in a crowded sector when EV sales growth was slowing in the world's biggest car market.The embattled company was building a car factory in the eastern city of Nanjing but suspended the endeavour in July to conduct a reorganisation of the firm.Last month Byton sealed a deal to start making electric sport-utility vehicles with Foxconn and the Nanjing Economic and Technological Development Zone in 2022.As part of the agreement, Foxconn will invest $200 million into the SUV research and production project and will help build supply chain for the EV production that aims to lower car manufacturing costs, one of the sources said.Byton declined to comment.\"The company is currently focusing on the optimisation of the supply chain manufacturing of Byton's new energy vehicles, and will not comment on other market rumours,\" Foxconn, formally Hon Hai Precision Industry Co Ltd, said in a statement.A SPAC is a shell company that raises money through an initial public offering to buy an operating entity, typically within two years.SPACs have emerged as a quick route to the stock market for companies, particularly auto technology firms, and have proven popular with investors seeking similar benefits to that of Tesla Inc's high stock valuation.EV industry companies Microvast, Faraday Future and EVgo Services are some of the firms in the industry that have agreed to merge with SPACs so far this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}