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Briefing Jul 1, 2020 01:50 pm EqualOcean

Tencent, Vanke, BYD and CATL Join ChiNext's New Listing Committee

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Sep 23, 2020 04:55 pm ·

BYD to Electrify Finland's Public Transport

BYD announced on September 22 that it had signed an order for 106 purely electric buses with Nobina, the largest public transportation operator in the Nordic region, now entering the Finnish market. This is another major breakthrough in BYD's European expansion after entering Germany. All vehicles are expected to be delivered in the summer of 2021, of which 64 will be used in Helsinki, the capital of Finland, and 42 will be delivered to Turku, a coastal city in southwestern Finland.  According to BYD, the company has sold over 400 electric buses in 20 cities in Scandinavia.  "We at Nobina Finland are excited to commence BYD eBus operations in the Turku area next year," said Petri Auno, MD of Nobina. "A large part of the bus fleet in the Turku region will shift to the benefits of eMobility and towards a more environmentally friendly future. Our route network is extensive, so a large number of passengers stand to benefit from the new vehicles." BYD Europe Managing Director, Isbrand Ho, added, "We’re very pleased that our relationship with Nobina continues to go from strength to strength, and we’re especially pleased that Nobina is the first PTO to select our new 15-meter model." "The Nordic region leads the rest of Europe in the adoption of electrification," he said, "providing evidence that electric mobility delivers tangible operational benefits for Public Transport Operators, alongside safe, quiet and comfortable local journeys for passengers. With our extensive experience in battery technology and energy management, we will continue to deliver total eMobility solutions for bus operators."           

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Sep 19, 2020 02:47 am ·

Trump Plans to Block WeChat and TikTok Downloads on Sunday

The Commerce Department plans to restrict access to TikTok and WeChat on Sunday as the Trump administration's executive orders against the two apps are set to take effect, according to CNN business. The Department said Friday that, as of Sunday, any moves to distribute or maintain WeChat or TikTok on an app store will be prohibited.  While users who have already downloaded the apps may be able to continue using the software, the restrictions mean updated versions of the apps cannot be downloaded. The restrictions targeting WeChat are more extensive. Beginning Sunday, it will be illegal to host or transfer internet traffic associated with WeChat. WeChat, one of the world's most popular social messaging apps, is owned by the Chinese Internet giant Tencent. And it is a popular marketing and sales tool for the United States companies, primarily in China. TikTok's parent company is Beijing-based ByteDance.  The department's move is the enforcement of Trump's original executive order from Aug 6 that gave TikTok 45 days to sell its US business to an American company or face a ban in that country. But the announcement also lays out a different time frame specific to TikTok, giving it until Nov 12 to resolve the US national security concerns.  The deadline set for the TikTok deal is a Sunday, Nov 12, leaving time for TikTok and Oracle to hammer out a deal that can be approved by Trump and the Chinese government.

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Sep 18, 2020 09:47 am ·

CITIC Securities Raises BYD's Target Price

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Sep 24, 2020 11:15 pm · Sina

JD Digits Applies for Consumer Finance License

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Sep 24, 2020 10:09 am · Sina

Ant-included Funds Sold 10 Billion in One Hour

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Sep 11, 2020 02:59 am ·

Zking Insurance Raised CNY 5.64 Billion

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Sep 4, 2020 11:31 am · China Star Market

CITIC Securities Cedes JD.com Fintech Arm JDD's IPO

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Sep 4, 2020 01:18 am · Reuters

China Merchants Bank Prices its 5-year Green Bond

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