January 2023

A large number of sales terminals are closed, and Weimar saves itself by going public

Recently, the Wufangqiao store of WM Motor in the Beijing area has been completely empty. The relevant person in charge of WM Motor said: “WM Motor is adjusting the dealer network in some cities recently, and some dealership stores will be temporarily closed.” On January 12, WM Motor announced that it will reach a strategic […]

A large number of sales terminals are closed, and Weimar saves itself by going public Read More »

Zhou Xin, the veteran of NIO, took over the whole vehicle project, and the original person in charge transferred to the European business

A few days ago, NIO had a personnel change: Danilo Teobaldi resigned as NIO’s vice president of vehicle engineering, and was transferred to the European chief engineer of the vehicle, while Zhou Xin, NIO’s executive vice president and chairman of the product committee, will take over the full control of NIO’s vehicle engineering. Danilo Teobaldi

Zhou Xin, the veteran of NIO, took over the whole vehicle project, and the original person in charge transferred to the European business Read More »

Mainland China has reduced its holdings of U.S. debt for the third consecutive month, and Japan, the largest creditor, suddenly shifted

On January 18, the U.S. Department of the Treasury released the International Capital Flows Report (TIC) for November 2022. The report shows that in November 2022, Japan, the “largest creditor of U.S. debt,” ended the pace of reducing its holdings of U.S. debt since July 2022, and increased its holdings by US$17.8 billion to US$1.0822

Mainland China has reduced its holdings of U.S. debt for the third consecutive month, and Japan, the largest creditor, suddenly shifted Read More »

Cash out nearly 1 billion Hong Kong dollars! The social security fund reduced its holdings of 231 million ICBC H shares

On January 18, the latest information from the Hong Kong Stock Exchange showed that the National Council for Social Security Fund had reduced its holdings of more than 231 million H shares of Industrial and Commercial Bank of China at an average price of HK$4.0840 per share on January 12, cashing out more than 940

Cash out nearly 1 billion Hong Kong dollars! The social security fund reduced its holdings of 231 million ICBC H shares Read More »

The national travel platform “Qiangguo Transportation” will be launched soon

On January 19, Beijing Daily reported that China’s first national-level transportation platform “Qiangguo Transportation” has completed internal testing and is about to go online. It has functions such as car-hailing, freight, water transportation, and shipping. Jiemian News learned from the Ministry of Transport that this matter has nothing to do with the Ministry of Transport,

The national travel platform “Qiangguo Transportation” will be launched soon Read More »

Anta Group management reshuffle

On January 18, Beijing time, Anta Sports Products Co., Ltd. announced on the Hong Kong Stock Exchange that Ding Shizhong will step down as CEO and remain as chairman of the board of directors; Lai Shixian, chief financial officer of the group, and Wu Yonghua, CEO of professional sports brand group, will become the new

Anta Group management reshuffle Read More »

Hong Kong revoked the isolation order for confirmed cases from January 30, and the new crown will be regarded as upper respiratory disease management

According to the website of Radio Television Hong Kong and the Hong Kong Economic Daily on January 19, the Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao, announced that the quarantine order for infected persons will be revoked from January 30, and the new crown virus will be listed as an upper

Hong Kong revoked the isolation order for confirmed cases from January 30, and the new crown will be regarded as upper respiratory disease management Read More »