The first Chinese stocks etf's net assets surpassed one billion, overseas institutions emphasize valuation advantages remain unchanged

① The net assets of iShares China Large Cap ETF have reached 10.86 billion US dollars, marking the first time that the scale of a Chinese stock ETF listed in the United States has exceeded 10 billion US dollars; ② Bank of America strategists team indicated that as economic growth forecasts are revised upward and bond yields rise, it is expected that asset allocation to China will increase.

cls.cn17:53

Hyperscience's upcoming IPO: planning to raise 0.783 billion yuan, continuous price reduction of energy storage products suppresses gross margin.

①In the first half of the year, the company achieved energy storage system revenue of 3.65 billion yuan, a 24.50% increase compared to the same period in 2023. ②In the first half of the year, the company's procurement amount of Yiwei power cell increased significantly, reducing the risk of purchasing from a single supplier. However, the concentration of its suppliers remains high, mainly due to a few leading companies dominating the market supply of upstream cells. ③As of the date of the prospectus signing, Haibo Sichuang has six significant impact lawsuits pending.

cls.cn14:20

Hurricane Milton poses a direct threat: electric cars becoming a source of fire risk.

Florida officials warn that electric cars submerged in floods pose a risk of causing fires, 'because once these batteries catch fire, they cannot be extinguished.' The state fire department has confirmed that the previous Hurricane Helene caused 48 lithium-ion battery fires, 11 of which were related to electric cars.

wallstreetcnOct 11 03:18

Toyota's director general warns: Transitioning to pure electric vehicles will lead to a large number of Japanese people losing their jobs.

①Akio Toyoda stated that if electric vehicles simply become the only option, including for our suppliers, those people's jobs will be lost; ②Akio Toyoda pointed out that the market share of pure electric vehicles will at most reach 30%, with the rest being taken over by hybrid cars, hydrogen fuel cell vehicles, and rbob gasoline cars.

cls.cnOct 10 19:27

Under cost pressure, the battery technology is shifting towards lithium iron phosphate. Why is general motors silent on contemporary amperex technology?

①Once high-profilely promoted the Ultium (Alt Energy) platform battery solution, it is now being abandoned by General Motors, instead shifting its electric transformation path towards a variety of chemical systems, multi-party procurement, and various new strategies. ②General Motors is once again adjusting its battery strategy, undoubtedly to enhance its profitability and market competitiveness in electric vehicles, in response to intense industry competition.

cls.cnOct 10 15:13

The 'European version of contemporary amperex technology' may be in financial difficulties, and the company has dismissed the head of the flagship factory.

①In a statement, Northvolt announced that Mark Duchesne, CEO of the Ett mega-factory, will be temporarily replaced by Bilodeau, Vice President of Operations for the company's North American business; ②The day before, the subsidiary Northvolt Ett Expansion AB, responsible for the Ett expansion project, filed for bankruptcy in district court.

cls.cnOct 10 03:47