China’s export restrictions, supply-chain pressures, and share dilution concerns weigh on Red Cat stock.
Tagged By crypto
Athleisure brand Vuori targets China in global retail push
The retailer, known for its jogger pants, is looking to snag market share in Asia from rivals like Lululemon and Alo Yoga.
China beats US with world’s fastest supercomputer, but race not geared for AI work
By Stephen Nellis SAN FRANCISCO, June 23 (Reuters) – China has overtaken the U.S. to win the top spot on a list of the world’s fastest supercomputers, but the results may say more about Beijing’s…
China’s EV brands have Europe’s luxury marques in their sights: Zeekr executive
Zeekr vice-president Mars Chen says Chinese carmakers have edge in meeting demand for electric luxury cars Luxury electric vehicle (EV) brands from China are poised to enter the same elite tier as …
China’s Momenta plans to launch Hong Kong IPO next week, source says
HONG KONG, June 23 (Reuters) – Chinese autonomous driving developer Momenta is planning to launch its Hong Kong initial public offering as early as next Monday, said a source with knowledge of the …
MP Materials (MP) Faces Fresh China Export Controls As Rare Earth Focus Grows
China has added MP Materials (NYSE:MP) to its export-control list, signaling closer scrutiny of the company’s rare earth shipments. The move highlights MP Materials’ role in supplying key inputs for …
Reshaping Tongxiang’s digital landscape
This massive localized computing power is the strongest brain behind Tongxiang’s vehicle-road-cloud integrated city-level management service platform. Initiated by five ministries, this pilot project …
China’s Gold Imports Surge to Most in More Than Two Years
China’s monthly gold imports reached their highest in more than two years in May, showing the world’s biggest buyer’s appetite for bullion remained resilient as prices remained under pressure.
China narrows fiscal deficit for first time in two years, and crypto markets should pay attention
China narrowed its fiscal deficit for the first time in two years, choosing austerity over stimulus. Here’s what it means for crypto and global risk …
China restricts exports to 10 US defense companies
China announced Monday that it is adding 10 U.S. defense companies to its export control list, immediately restricting business with those firms.
China prepares new LNG terminal to expand imports from sanctioned Russian plant
The newly built Longkou LNG terminal in China’s eastern Shandong province, operated by state pipeline giant PipeChina, is preparing to receive Arctic LNG 2 cargoes, sources told Reuters. “The move …
MP Materials, USA rare earth get China-export-ban boost
MP Materials and USA Rare Earth climbed as Beijing included the U.S.-backed rare earth suppliers on an export ban list.
Chinese Military-Linked Investor Was Among SpaceX’s Secret Pre-IPO Backers, ProPublica Investigation Reveals
A ProPublica investigation reveals at least a dozen Chinese, Hong Kong and Russian investors secretly acquired SpaceX stakes between 2018-2021 via Tomales Bay Capital, including a military-linked …
