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Home > Latest

Lates News

date
05/06/2026
The stock price of SK Hynix further widened its decline, currently down by 7.9%; Samsung Electronics' stock price fell by 4.8%.
Latest
3 m ago
Toyota suspends mass production of Lexus LF-ZC in response: Not giving up on pure electric vehicles!
4 m ago
On June 4th, several market participants and individuals close to regulators informed Caixin that the issuance of Data Asset-backed Securities (ABS) has been temporarily suspended. Two investment bank sources stated that on June 3rd, they received guidance from the exchange to suspend the filing of Data Asset ABS, and that they would be discouraged from applying independently. Another senior bond market participant mentioned that not only have the filings been suspended, but projects that have already been approved have also had their approvals for closing documents suspended, and projects that have received approvals may need to postpone their registration for issuance.
4 m ago
Recently, there have been reports that Toyota has stopped the development of the production model of the Lexus pure electric car LF-ZC. According to the original plan, the LF-ZC production model was supposed to start production at Toyota's Tahara factory in Japan by the end of 2026. However, this plan has been delayed until mid-2027 and now it has been halted. A Toyota China-related staff responded, saying "the suspension of this model development is mainly due to changes in market demand, which is also part of the company's overall vehicle development project adjustments, but it does not mean the company has given up on BEV (pure electric vehicles)." Industrially, this adjustment is partly due to changes in pure electric vehicle policies in the United States, Europe, and other regions. For example, the United States has canceled the $7,500 federal tax credit for new electric vehicles; the EU has scrapped the policy of principle banning the sale of new cars with internal combustion engines until 2035. On the other hand, intensifying market competition, especially Chinese brands, have significant advantages over Japanese carmakers in the field of new energy vehicles. (NBD).
6 m ago
The trading volume of the Shanghai and Shenzhen stock markets exceeded 2 trillion yuan, an increase of 159.5 billion yuan from the previous day at this time.
6 m ago
JPMorgan Chase upgraded Tesla's rating from hold to neutral, with a target stock price raised from $145 to $475.
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