Tesla Stock Price Target Cut to $800 at Daiwa, Shanghai Lockdown Impact Estimated at Over 100k EV Units

Daiwa Securities analyst Jairam Nathan slashed the price target on Tesla (NASDAQ:TSLA) shares to $800.00 per share from $1,150.00 to reflect the lockdowns in Shanghai and supply chain concerns ……


Oil Drops On Recession Fears And China COVID Curbs

“Downgraded China GDP growth forecasts and increasing worries about … Beijing is stepping up quarantine efforts to end its month-old outbreak while Shanghai’s prolonged lockdown is due to be lifted ……


This is the Prayer that Catholics Are Asked to Say for the Church in China on May 24

“This coming Tuesday is the Memorial of the Blessed Virgin, Mary Help of Christians, particularly dear to Catholics in China who venerate Mary, Help of Christians as their Patroness in the Shrine of ……


China auto sales set to fall further in May after April slowdown

April was noted as the worst month for China’s auto market since early pandemic restrictions shut the industry down. As the Zero-COVID strategy is sustained and cities like Shanghai come under ……


Mission completed: 691 medics return to east China’s Anhui from Shanghai

The last group of 691 medics returned from Shanghai to Hefei, capital of east China’s Anhui Province, on Monday after they finished their mission in the metropolis. In a period of 53 days, medics from ……


Beat The Market By Investing In Freedom – And Shunning Places Like Russia And China

When Russia’s invasion of Ukraine sent most emerging-markets funds plummeting, Perth Tolle’s Freedom index fund avoided most of the carnage—because economies run by despots will never be on her buy ……


Tesla’s Shanghai Plant To Return To Pre-Lockdown Production Output This Week

Tesla will ramp up production at its factory in Shanghai, China this week to levels not seen since the country recently enforced COVID-19 lockdowns. An internal memo from the car manufacturer has ……


Tesla is back to ramping up Gigafactory Shanghai to new production records

Like many other companies, [Tesla](tag?_=tesla) had to shut down production at its Shanghai factory last month after local authorities imposed serious lockdowns on the population in an attempt to limit the spread of [COVID](tag?_=covid) -19 after a sur……


China’s online maps dotted with Covid-testing booths as testing becomes routine under zero-Covid strategy

Chinese cities have added the locations of tens of thousands of Covid-19 testing booths to online maps, as taking nucleic-acid tests has become a daily routine for citizens under the country’s “dynamic zero Covid” strategy. AutoNavi, an online map serv……


Alibaba, Kuaishou pace HK stock losses on tech earnings outlook while Beijing faces tighter Covid rules

[Alibaba, Kuaishou pace HK stock losses on tech earnings outlook while Beijing faces tighter Covid rules]
Hong Kong stocks fell from a two-week high amid concerns about earnings slippage on Covid-19 lockdowns as XPeng, Kuaishou and Alibaba Group Holdin……