Meijin Energy (000723.SZ)

Shanghai Announced: 100 Hydrogen Fueling Stations Will Be Established and the Industry Scale Will Be 100 Billion Yuan

Shanghai, China – In the evening of August 26, Shanghai Economic and Information Commission officially announced that the Shanghai government plans to build close to 100 hydrogen fuel refueling stations, forming an output scale of nearly 100 billion yuan and promoting close to 10,000 fuel cell vehicles. Meijin Energy (000723.SZ) is expected to benefit from […]

ETH London Fork

Ethereum Forks in London and Shanghai, What Effect they Will Have

Later this year, the Ether community will see two transformative key upgrades: London Hard Fork and Shanghai Hard Fork. London Hard Fork contains EIP-1559 which will change the Gas fee structure of the Ether mainnet and introduce a destruction mechanism for the ETH token model, while EIP-3529 will directly affect the Gas Token failure on […]

BYD (01211.HK)

China’s Auto Companies’ Sales Results in July: BYD (01211.HK) Car Sales Soar Nearly 83%

The China Association of Automobile Manufacturers (CAAM) announced sales figures for July on Aug 10th, showing SAIC (600106.SH), GAC (600238.SH) and Changan (000625.SZ) among the top three, with sales of 352,546, 180,518 and 177,941 units respectively. SAIC fell 22.95 percent year-on-year, Guangzhou Auto fell 1.86 percent year-on-year, and only Changan maintained a 7.89 percent growth. […]

NIO Inc. (NYSE: NIO) & XPENG Inc (NYSE: XPEV), What Investors Should Know

NIO Inc., ( NYSE: NIO )  TradeDate: 08/04/2021 open: 45.47, close: 45.09 low: 44.56, high: 45.79 change: -0.38% year_high: 66.99, year_low: 8.70 As the supply of new energy vehicles in China is becoming increasingly diversified and competitive. There is hope for the emergence of world-class new energy vehicle giants in the Chinese market, which will […]