9 a. m. in Shanghai, Shenzhen, and here in Hong Kong, you're watching the China show.I'm Yvonne Man with David English. Good morning. We're counting down to the open of markets in Greater China.Let's get to your top stories today. Stocks and oil edging higher amid the shaky Middle East cease fire. And that's ahead, of course, of key talks this weekend.A key market vol gauge suggesting investors may already be looking past the war, though. President Trump warning Iran against charging fees for access to the ...

In order to understand the universe, you must explore the universe. And that's the motivation to accelerate humanity's future in understanding the universe and extending the light of consciousness to the stars. Heat up here. Heat. Heat.Well, we have a profound we have a profoundly important announcement to make, which is uh the most uh epic chip building exercised in history by far. This is really going to take things to the next level. So yeah, a level probably people aren't even contemplating right now.Th ...

Core Viewpoint - Tesla is expanding its operations by building two new chip factories in Austin, Texas, in collaboration with SpaceX, aimed at powering vehicles and AI systems [1] Group 1: Expansion Plans - Tesla plans to construct an advanced AI chip complex with two factories, one for powering cars and humanoid robots, and another for AI data centers in space [1] - The project is expected to be costly and complex, with Morgan Stanley analysts estimating that $20 billion or more over several years may not be sufficient to cover development costs [2] Group 2: Market Position and Performance - Tesla is recognized as a leader in the electric vehicle industry, with a market capitalization of $1.44 trillion [4] - The company has experienced volatility in stock performance, with a significant decline from its highs, although it remains up 36.5% over the past 52 weeks [5] - Tesla's stock is currently trading at a high valuation, with a forward price-to-non-GAAP earnings multiple of 184.12 times, compared to the industry average of 14.51 times [7] Group 3: Recent Financial Performance - In Q4, Tesla's vehicle deliveries fell by 16% year-over-year to 418,227 units, while production decreased by 5% year-over-year to 434,358 units [8] - Despite the decline in vehicle deliveries, Tesla's active full self-driving subscriptions increased by 38% year-over-year, reaching 1.10 million [8]

Group 1: Partnership and Expansion - VinFast Auto Ltd has signed a Memorandum of Understanding (MoU) with PlusX Electric to enhance EV charging access and customer support in the UAE [1][2] - The partnership will deploy portable charging pods, offer on-demand mobile charging, and explore emergency roadside charging services [2] - PlusX may become a preferred partner for home and office charger supply, installation, and after-sales support, while also assessing scalable solutions for fleet customers [2] Group 2: Delivery Growth - In January 2026, VinFast reported a 55% year-over-year increase in deliveries, totaling 16,172 electric vehicles in the domestic Vietnam market [4] - The best-selling model for that month was the Limo Green, with 3,868 deliveries, followed by the VF 3 with 3,185 deliveries, and the VF 5 with 2,737 deliveries [4] - Newer models, including the Minio Green and EC Van, also contributed to the delivery figures with 1,237 and 865 units delivered, respectively [4] Group 3: Company Overview - VinFast Auto Ltd is an electric vehicle manufacturer based in Hai Phong City, Vietnam, producing electric buses, cars, and scooters, along with battery leasing and charging services [5]

Core Insights - The article emphasizes the importance of optimizing driving habits and vehicle maintenance to significantly reduce fuel and electricity costs for car owners, potentially saving hundreds of yuan each month [1][13]. Group 1: Fuel-Efficient Driving for Gasoline Vehicles - Key driving habits can reduce fuel consumption by over 20%, with a focus on maintaining a steady speed and avoiding aggressive acceleration [1][3]. - Recommended practices include keeping the engine RPM below 2000 during acceleration, maintaining an economic speed of 60-90 km/h, and anticipating stops to minimize fuel waste [1][3]. - Regular maintenance such as checking tire pressure, reducing unnecessary weight, and timely oil changes can further enhance fuel efficiency [3][6]. Group 2: Energy Efficiency for Electric Vehicles - Electric vehicle efficiency is primarily influenced by the management of the motor, air conditioning, and battery [4][6]. - Drivers should avoid rapid acceleration and utilize energy recovery systems effectively, especially in urban settings [4][6]. - Maintaining a steady speed and managing air conditioning settings can significantly reduce energy consumption [6]. Group 3: Hybrid Vehicle Optimization - Hybrid vehicles benefit from a strategy of using electric power at low speeds and gasoline at higher speeds to maximize efficiency [7][9]. - Avoiding frequent engine starts in congested traffic can help conserve fuel, as each start consumes additional fuel [7][9]. - Regular maintenance of both the engine and battery, along with proper mode settings, is crucial for optimal performance [9]. Group 4: General Cost-Saving Techniques - Utilizing navigation to avoid congested routes can reduce fuel and energy consumption significantly, as stop-and-go traffic can increase consumption by 2-3 times [9][13]. - Timing for refueling or charging can also lead to savings, with recommendations to refuel during cooler times and charge during off-peak hours [9][13]. - Reducing the use of high-power electrical devices in the vehicle can further minimize energy consumption [9][13].

Core Viewpoint - Tesla stock (NASDAQ: TSLA) experienced a decline of over 3.5% in early trading on Monday due to a combination of structural headwinds facing the electric carmaker [1] Group 1 - The decline in Tesla's stock price indicates market concerns regarding the company's current challenges [1] - Structural headwinds suggest that Tesla may be facing long-term issues that could impact its growth and profitability [1]

Core Insights - General Motors (GM) reported strong fourth-quarter 2025 earnings, achieving a decade-high U.S. market share despite a slight revenue miss [1] - The company's 2026 guidance indicates an expected improvement across all metrics, with adjusted EBIT projected at $15 billion, an increase of $2.3 billion from 2025 [2] - GM anticipates North America adjusted EBIT margins to rise to the 8% to 10% range in 2026, driven by reduced electric vehicle losses and lower warranty expenses [4] Company Performance - GM's 2025 U.S. market share reached a decade high after four years of incremental gains [1] - The company expects to offset the impact of a potential 15% tariff on imports from South Korea, as indicated by CEO Mary Barra [2] - The anticipated regulatory benefit of $500 million to $750 million in 2026 is due to the easing of Corporate Average Fuel Economy (CAFE) standards, reducing the need to purchase regulatory credits [7] Industry Context - The U.S. automotive industry has faced challenges, including the removal of the $7,500 EV tax credit, which has negatively impacted electric vehicle sales [5] - Legacy automakers like GM and Ford have incurred significant charges while adjusting their EV capacities to meet weak demand, but they can rely on their internal combustion engine portfolios [6] - The easing of CAFE standards allows legacy automakers to avoid purchasing regulatory credits, benefiting their financials [7]

分组1 - Tesla reported quarterly earnings of $0.5 per share, exceeding the Zacks Consensus Estimate of $0.46 per share, but down from $0.73 per share a year ago, representing an earnings surprise of +8.70% [1] - The company posted revenues of $24.9 billion for the quarter ended December 2025, missing the Zacks Consensus Estimate by 0.94% and down from $25.71 billion year-over-year [2] - Tesla shares have declined approximately 4.2% since the beginning of the year, while the S&P 500 has gained 1.9% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.43 on revenues of $22.9 billion, and for the current fiscal year, it is $2.21 on revenues of $105.09 billion [7] - The Zacks Industry Rank for Automotive - Domestic is in the top 31% of over 250 Zacks industries, indicating that the industry outlook can significantly impact stock performance [8]

Canada’s agreement to allow 49,000 Chinese electric cars into the country bolsters the global effort to phase out gas vehicles, California Air Resources Board chair Lauren Sanchez said https://t.co/HZJ2gUunwF ...

Core Insights - The electric vehicle (EV) market is currently led by Tesla and BYD, each employing distinct strategies to enhance shareholder value while showcasing long-term durability and innovation [1] Tesla Overview - Tesla aims to transition from being solely an electric vehicle manufacturer to a recognized software company, focusing on full self-driving capabilities, robotics, AI, and energy storage [2] - Tesla's stock is highly valued, with a trailing price-to-earnings ratio exceeding 300 and a market cap of $1.4 trillion, reflecting investor confidence in CEO Elon Musk's ability to deliver on future innovations [3] BYD Overview - BYD is rapidly expanding internationally, leveraging a vertically integrated model that allows it to compete effectively on price, with vehicles available in over 100 countries [4][6] - BYD's stock trades at a premium but is less expensive than Tesla's, with a market cap of $140 billion and a 16% increase in stock value over the past 12 months [5][6] Investment Perspectives - Tesla is viewed as a higher-risk investment with greater long-term upside potential due to its innovative pivot, appealing to investors with a higher risk tolerance and longer time horizon [7] - BYD is considered a more stable investment option, focusing on affordable electric cars and steady growth, making it suitable for investors with lower risk tolerance [7]