While China’s EV start-ups are likely to see increasing sales this year, analysts warn intensifying competition, price cuts could quickly alter the landscape.
While China’s EV start-ups are likely to see increasing sales this year, analysts warn intensifying competition, price cuts could quickly alter the landscape.
According to Skybridge Capital’s Brett Messing, there are two potential outcomes for bitocin in the near future: either it could remain a niche asset and trade between US$5,000 and US$50,000, or it could grow to be a “real asset” that could easily hit as much as US$500,000.
The Hang Seng Index advanced more than 2 per cent on Monday as tech giants shrugged off disappointing PMI data and jitters over the assault by small investors on hedge funds fuelled by social media.
The Hang Seng Index advanced more than 2 per cent on Monday as tech giants shrugged off disappointing PMI data and jitters over the assault by small investors on hedge funds fuelled by social media.
Investors are not well prepared for tightening liquidity, according to HSBC Jintrust. There is little benefit to chasing the rally in Chinese stocks because near-term price correction risks are significant, BCA Research says.
Investors are not well prepared for tightening liquidity, according to HSBC Jintrust. There is little benefit to chasing the rally in Chinese stocks because near-term price correction risks are significant, BCA Research says.