Nasdaq-listed

Alibaba looks on course for a turnaround amid renewed investor frenzy for Chinese stocks

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Alibaba looks on course for a turnaround amid renewed investor frenzy for Chinese stocks

“Alibaba may gradually become more attractive to some long-only funds because it is, after all, the largest e-commerce stock in China,” said Shawn Yang, senior analyst at Arete Research. “The expectations of macro improvement may be passed on to these consumer stocks. Alibaba is the largest among them, and its situation is improving.” Alibaba, owner … Read more

Chinese flying taxi maker EHang sells autonomous passenger drone for US$332,000 on Taobao as nation’s low-altitude economy takes off

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Chinese flying taxi maker EHang sells autonomous passenger drone for US2,000 on Taobao as nation’s low-altitude economy takes off

The ambitious domestic and international marketing campaigns show EHang’s confidence in generating strong market demand, months after its self-developed EH216-S became the world’s first recipient of a Type Certificate and Standard Airworthiness Certificate for pilotless eVTOLs. Those certifications were issued last October and December, respectively, by the Civil Aviation Administration of China (CAAC). A screenshot … Read more