From November 5th to 10th, the 7th China International Import Expo (referred to as "CIIE") was held in Shanghai. Johnson Controls has participated in the exhibition for the seventh consecutive time, with the theme of "Innovation, Boundless Intelligence, and Future", showcasing solutions for industries such as data centers, new energy, semiconductors, and electronics, and sharing successful cases based locally and serving the world. We look forward to showcasing d ... 阅读全文

On November 8th, XPEV (stock price $14.22, market value $13.49 billion) announced on its official Weibo account that as of 24:00 on November 7th, XPEV P7+had reached 31528 units. On the evening of November 7th, Xiaopeng Motors held a press conference and officially launched the Xiaopeng P7+. The entire series of this model adopts single motor rear wheel drive and is equipped with 60.7 kWh and 76.3 kWh lithium iron phosphate battery packs. The CLTC range can reach ... 阅读全文

On November 7th local time, Stellantis Group and Infineon announced that they will jointly develop the power architecture of Stellantis Group's electric vehicles, aiming to improve energy efficiency and increase vehicle range. Both parties have signed a supply and production capacity booking agreement for PROFET power switches and silicon carbide CoolSiC semiconductors. Infineon's PROFET intelligent power switch will replace traditional fuses and reduce the layou ... 阅读全文

On November 8th, Weibo's spokesperson account "Weibo Spokesperson" posted that since 2021, the compliance and supervision department has discovered and investigated 9 cases of employee fraud, and 17 people have had their labor contracts terminated. Ten of them were transferred to judicial authorities for suspected crimes. Weibo screenshot Previously, Weibo's Q2 and interim results for 2024 showed a net revenue of $438 million, a decrease of 1% from the same per ... 阅读全文

The 16th Double 11 is quietly approaching its end. This is a year that has made many consumers feel that the "Double 11 flavor has faded": the frenzy of various platforms competing for the "lowest price in the entire network" has receded in this year's Double 11, and the "verbal battle" between sales anchors for traffic and price mechanism has rarely appeared during the big promotion period. Even the Tianmao Double 11 Gala has been suspended this year. On the oth ... 阅读全文

General Motors announced on November 7th local time that it will cease production of the gasoline version of the Cadillac XT4 SUV in January next year as its Kansas factory shifts to producing electric vehicles. General Motors announced in May this year that it would produce both the Bolt EV and XT4 on the same assembly line when production resumes in Kansas in 2025, but now it will only produce Bolt cars.

According to Securities Times Online, Sony announced today its consolidated financial results for April September 2024, with a year-on-year increase of 37% in net profit to 570.1 billion yen, exceeding market expectations. Entertainment related products such as games and music performed well, and the weaker than expected yen also boosted performance.

Last night, Xiaopeng Motors (09868) announced the listing price of its latest model, Xiaopeng P7+(186800 to 218800 yuan), and investors gave a strong response. On November 8th, Xiaopeng Motors' Hong Kong stock opened with a sharp increase of 18%. On the evening of November 7th, consumers' rush buying caused the servers of Xiaopeng Motors to crash. Xiaopeng Motors Chairman He Xiaopeng stated that the server traffic that night was 20 times that of the same period a ... 阅读全文

Recently, the domestic instant delivery platform, Flash Delivery, officially went public on NASDAQ. The funds raised from this initial public offering are planned to expand the customer base, increase market penetration, build brand image, and invest in technology and research and development. The instant delivery industry is reigniting, and in a fiercely competitive market, Flash Delivery is attempting to win the industry cake through a "one-on-one" emergency de ... 阅读全文

On November 8th, Airbnb released its financial results for the third quarter of 2024. In the third quarter, Airbnb's revenue increased by 10% year-on-year, reaching $3.7 billion. The net profit for the third quarter reached $1.4 billion, with a net profit margin of 37%. The adjusted EBITDA reached $2 billion, a year-on-year increase of 7%, and the adjusted EBITDA profit margin reached 52%. In the third quarter, Airbnb's free cash flow was $1.1 billion, and in the ... 阅读全文

On November 8th, ISE Labs, a subsidiary of Sunlight Semiconductor, announced the purchase of land in the Axis 2 industrial park in Jalisco, Mexico, to invest in the construction of a semiconductor packaging and testing base. It is expected to create over 500 job opportunities in the first year of operation. According to a press release, ASE Labs' investment location in Mexico is located in Tonala, the Guadalajara metropolitan area. The project plan for ASE Labs i ... 阅读全文

On November 8th, the results of the corruption incident at NetEase finally came to fruition. It is reported that many employees within NetEase have received the latest notification. The announcement is as follows: 1、 Xiang, former head of the Battle and KK business units, Jin, head of the Interactive Entertainment Channel Distribution Center, Xu, employee of the Interactive Entertainment Market Center, Zhao, former employee of the Interactive Entertainment Chann ... 阅读全文

On November 7th, Xiaopeng's "first AI car" P7+was officially launched for sale. The new car has been released in three versions, including the Xiaopeng P7+Long Range Max, Ultra Long Range Max, and Limited Edition Max. At the press conference, He Xiaopeng, Chairman and CEO of Xiaopeng Motors, stated that the luxury of traditional cars only stays in appearance and interior configuration, while in the era of intelligent cars, car luxury cannot be separated from inte ... 阅读全文

On November 7th, Autohome and Huawei held a delivery and launch ceremony for HarmonyOS native applications in Shenzhen. Zhu Yonggang, President of Huawei Terminal Cloud, and Wu Tao, Party Secretary and CEO of Autohome, attended the ceremony. At the ceremony, Huawei presented a commemorative medal for the launch of HarmonyOS native applications to Autohome, marking the completion of the development of HarmonyOS native applications on the Autohome app. This will fu ... 阅读全文

After President Trump won the election, the US stock market surged for two consecutive days, and Nvidia once again broke the history of the US stock market, becoming the first company in history with a market value exceeding $3.6 trillion, while maintaining its title as the world's largest company. NVIDIA's market value exceeds $3.6 trillion After Trump won the election on Tuesday, US stock investors generally expect him to implement policies such as tax cuts and ... 阅读全文

TSMC's US stock rose more than 3% in night trading.

Within the Shanghai Civil Affairs Bureau, a newlywed couple discovered that they had forgotten to bring their household registration book at a critical moment of registration and certification. Under the pressure of time, the courier traveled at lightning speed for 16 kilometers and delivered the household registration book in just half an hour. On the other hand, an elderly man is nearing the end of his life, and his family has ordered a cake in the shape of an ... 阅读全文

On November 8th, Southern Finance and Economics reported that TSMC's sales in October were NT $314.24 billion, a year-on-year increase of 29.2%.

On the morning of November 8th, according to Caixin News Agency, NetEase issued an internal email to all employees regarding the strict investigation of corruption, and made a formal response to yesterday's "NetEase Game Executive Corruption Storm". According to the report, the company has seriously investigated and dealt with two cases of fraud, corruption, and illegal activities: Xiang, the former head of the Battle and KK business units; Jin, the head of the I ... 阅读全文

The 7th China International Import Expo (CIIE) will be held in Shanghai from November 5th to 10th. This year, Unilever showcased nearly a hundred products from ten of its brands, including both "old friends" who have participated in multiple CIIE events and "new faces" who have made their debut. Among them, Unilever scalp care expert CLEAR Qingyang made his debut on the CIIE stage, showcasing his latest research and development achievements based on the concept o ... 阅读全文