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Chinese LeEco raises $1 billion to develop new EV – PerformanceDrive

Chinese LeEco raises $1 billion to develop new EV – PerformanceDrive
performancedrive.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from performancedrive.com.au Daily Mail and Mail on Sunday newspapers.

United statesJia yuetingLeeco leseeYingda capital management coLegend holdings corpChina minshengEco leseeFaraday future

Six-month-old generative AI upstart Baichuan enters unicorn club

Tech giants including Alibaba Group, Tencent Holdings, and Xiaomi Corp invested in the Series A1 round.

Wang xiaochuanSensetime sensechatSogou incLegend holdings corpBaichuan intelligent technologyAlibaba groupTencent holdingsXiaomi corpErnie botHong kong listed

Navy Exchange Warned that Sales of Popular Computer Brand Are a Potential Security Threat

A leading brand of personal computers that is sold in Navy Exchange stores is coming under fire by a House panel focused on competition with China.

United statesMike gallagherRobert bianchiNavy exchange service commandLegend holdings corpChinese academy of sciencesHouse china committeeChinese communist partyNavy exchangeHouse select committee on strategic competitionUs department of defenseSecurity review commissionNavy exchange serviceHouse china committee chairman mike gallagherChinese academyFederal trade commission

EDOG Outperforms Global Equities Markets Last Week

Supported by the dollar’s weakening, the ALPS Emerging Sector Dividend Dogs ETF (EDOG) outperformed global equities markets last week.

South africaSouth africanExxaro resources ltdLegend holdings corpChina railwayAfrican rainbow minerals ltdCommunication servicesZoomlion heavy industry coVodacom group ltdAbu emirates telecom groupSector dividend dogsAbu dhabi based emirates telecomAfrican rainbow mineralsSouth african randExxaro resourcesZoomlion heavy industry

HKEX chairman Laura Cha joins the board of Ant Group as the company s business restructuring nears completion

Laura Cha, chairman of Hong Kong Exchanges and a member of the Executive Council of the Hong Kong government, has joined the board of Ant Group as a new independent director, as the Alibaba’s fintech affiliate nears the end of a corporate restructuring aimed at easing government concerns.Yang Xiaolei, an independent director of Hengfeng Bank and a former lawyer at an affiliate of Citic Group, has also joined as a new independent director at Ant Group.After the appointment, Ant Group has four independent directors. Other independent directors are Hao Quan, a board member at PC giant Lenovo’s parent company Legend Holdings Corp, and Chinese economist Huang Yiping.The last board restructuring happened in August 2020, when current Alibaba chief executive Daniel Zhang Yong, former Alibaba CFO Maggie Wu and one of Alibaba’s 18 co-founder Peng Lei, quit the board ahead of Ant’s planned initial public offering.The appointment of Laura Cha came a week after Chinese Premier Li Keqiang vo

Hong kongPeng leiHuang yipingYang xiaoleiMaggie wuEric jingJack maDaniel zhang yongZhao quanLi keqiangLaura chaCitic groupCouncil of the hong kongLegend holdings corpHengfeng bankAdministration of foreign exchange

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