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Cambricon shares fell more than 5%, slipping below the CNY1,000 level, with trading turnover exceeding CNY13.5 bln.

2026-08-20

Cambricon shares fell more than 5%, slipping below the CNY1,000 level, with trading turnover exceeding CNY13.5 bln.

Other News
2026-08-20

Fed minutes: Federal Reserve Chair Kevin Warsh said the Fed will schedule six policy meetings a year, about once every two months, to allow more information to accrue between meetings.

Fed minutes: Federal Reserve Chair Kevin Warsh said the Fed will schedule six policy meetings a year, about once every two months, to allow more information to accrue between meetings.
2026-08-20

1. Tesla launches large-scale model of a bean bun. 2. Sources: The Trump administration plans to reduce tariffs on Canadian imported cars from 25% to 15%. 3. China Passenger Car Association (CPCA): From August 1st to 16th, retail sales of new energ

1. Tesla launches large-scale model of a bean bun. 2. Sources: The Trump administration plans to reduce tariffs on Canadian imported cars from 25% to 15%. 3. China Passenger Car Association (CPCA): From August 1st to 16th, retail sales of new energy passenger vehicles nationwide reached 399,000 units, a year-on-year decrease of 15%. 4. China Association of Automobile Manufacturers (CAAM): From January to July, the top ten MPV manufacturers sold a total of 464,000 units. 5. CAAM: From January to July, the top ten SUV manufacturers sold a total of 6.155 million units. 6. Wan Gang, Honorary Chairman of the China Association for Science and Technology: The future market share of pure electric and plug-in hybrid vehicles is expected to be roughly 7:3, and there is no overcapacity problem. 7. Tesla plans a hybrid charging hub in Austin, accommodating both V4 Superchargers and future Cybercab wireless charging needs. 8. Changan Automobile: Affordable pricing is the only widely recognized label for Chinese car brands overseas. 9. Baidu Apollo Go officially launched on the Uber platform in Dubai. 10. Wang Haojun of Pony.ai: Will increase the deployment of Robotaxis in Europe and promote a co-construction model. 11. Seres: Net loss of 1.717 billion yuan in the first half of 2026. 12. Chery Automobile: Net profit decreased by 11.7% year-on-year in the first half of 2026. 13. JAC Motors: Net loss of 749 million yuan in the first half of 2026, compared with a loss of 773 million yuan in the same period last year.
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