Tesla Vietnamese Rival VinFast Sees EV Deliveries Surge 296% In Q1

BenzingaApr 28 21:57

Port City Quick Look | The three major Indexes showed mixed results, with the Tech Index rising by 0.12%; Consumer stocks were strong throughout the day, with Gu Ming increasing by over 11%, and POP MART rising by over 12%, continuing to hit new highs.

Network Technology stocks weakened, JD-SW rose by 2.18%, NTES-S dropped by 0.85%; Lithium Battery stocks weakened, BYD Electronics fell by 8.49%, BYD Co. Ltd. decreased by 3.98%; Auto stocks declined, Guangzhou Automobile Group fell by 4.83%, BYD Co. Ltd. dropped by 3.98%.

Futu NewsApr 28 16:29

Hong Kong stock midday review | All three major Indices rose, with the Tech Index up 0.5%; Consumer stocks performed well, with POP MART up over 11%, and Gu Ming up over 9%, both hitting new highs.

Network Technology stocks experienced mixed results, with JD-SW rising by 2.91% and MEITUAN-W falling by 1.02%; most Apple Supplier stocks declined, with BYD Electronics dropping by 7.34% and FIH rising by 2.70%; Autos stocks generally fell, with BYD Company down by 4.03% and Guangzhou Automobile Group down by 3.45%.

Futu NewsApr 28 12:17

The National Development and Reform Commission: will guide cities with purchase restrictions to issue car purchase Indicators specifically for carless households, and accelerate the construction of a unified national market.

Zhao Chenxin, Deputy Director of the National Development and Reform Commission, stated that better leveraging the driving force of domestic demand has very clear specific ideas and methods, which include increasing the income of middle and low-income groups, vigorously boosting consumption, expanding effective investment, and strengthening the domestic cycle. In the next steps, the authorities will solidly carry out work in these three areas. Regarding boosting consumption, the second batch of funds for replacing old consumer goods has recently been allocated, with over 160 billion yuan allocated in the first two batches (same below), and there will be about 140 billion yuan more in the future, which will be allocated by the authorities based on the payment progress of various regions. A childcare subsidy system will also be established, and special re-lending tools will be created to increase funding.

AASTOCKSApr 28 11:40

Concerning stable employment and the economy, the central bank, the National Development and Reform Commission, and four other departments have jointly expressed their views.

On the morning of April 28 at 10 a.m., the State Council Information Office held a press conference. Zhao Chenxin, Deputy Director of the National Development and Reform Commission, Yu Jiadong, Deputy Minister of Human Resources and Social Security, Sheng Qiuping, Deputy Minister of Commerce, and Zou Lan, Deputy Governor of the People's Bank of China, introduced the policies and measures related to stabilizing employment and the economy to promote high-quality development and answered questions from journalists.

Securities TimesApr 28 11:31

Express News | Zhao Chenxing from the National Development and Reform Commission: Regarding key groups such as families that have been in the lottery for a long time and families without cars, a Private Placement for car purchase Indicators will be implemented.

BreakingsApr 28 10:58