CN Wire Profile picture
Apr 14 4 tweets 3 min read
He Xiaopeng, Chairman and CEO of XPeng, says production suspension at company's China factories could last through May if supply chain enterprises in Shanghai and its surrounding areas fail to find ways to resume production dynamically.
#XPeng $XPEV #China #EVs Image
Xpeng's CEO warns that all Chinese vehicle factories may have to stop production in May if supply chain disruption continues.
#FYI: Chinese EV maker NIO announced production pause earlier.
#XPeng $XPEV #China #EVs
Currently, vehicle factories in and surrounding Shanghai suspend production due to strict Civod-related restrictions.
XPeng's He Xiaopeng: The good news is that some ministries and departments are already fully coordinating (on resumption of production). Looking forward to more support and joint efforts from government and related departments.
$NIO $XPEV $LI

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with CN Wire

CN Wire Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @Sino_Market

Apr 15
#Breaking
China's central bank PBoC says to cut reserve requirement ratio (RRR) by 25 basis points for eligible financial institutions to support real economy.
#China $CNY $CNH $ASHR #CN_Update
#Breaking
PBoC's RRR cut to take effect from April 25 and release 530 billion yuan in long-term funds.
#China $CNY $CNH $ASHR #CN_Update
China's PBoC: Will prioritize stability, seek progress while maintaining stability, continue to implement prudent monetary policy, avoid avoid flooding economy with stimulus, and maintain reasonable liquidity.
#China $CNY $CNH $ASHR
pbc.gov.cn/goutongjiaoliu…
Read 4 tweets
Apr 15
China PLA's Eastern Theater Command carried out multi-service joint combat readiness patrol in sea and airspace around Taiwan Island and conducted drills on subjects such as sea assault drills: People's Daily
#China #Taiwan #US
#FYI: Six US lawmakers arrive in Taiwan on April 14.
Chinese defense stocks soar, Anhui GreatWall Military Industry hit limit up.
#China #Taiwan #US $ASHR
China PLA says pataol and drills organized in response to frequent wrong signals by US side on Taiwan issue recently.
#China #Taiwan #US
Read 4 tweets
Apr 14
EUR/USD extends drop to 1.0805, lowest since May 2020. $EUR $USD
Euro drops further vs dollar, last down 0.92% to $107.865. $EUR $USD
British pound extends losses against US dollar to 0.5%. $GBP $USD
Read 4 tweets
Apr 14
ECB LEAVES MAIN REFINANCING RATE UNCHANGED AT 0%, DEPOSIT FACILITY RATE UNCHANGED AT -0.5%, MARGINAL LENDING FACILITY RATE UNCHANGED AT 0.25%; IN LINE WITH EXPECTATION.
$EUR #ECB
ECB: RATES WILL RISE 'SOME TIME' AFTER NET BOND-BUYING ENDS. ANY RATE INCREASES WILL BE GRADUAL. ASSET PURCHASES SHOULD BE CONCLUDED IN 3Q. RATES AT PRESENT LEVEL UNTIL INFLATION OUTLOOK MEETS GOAL. TO MAINTAIN OPTIONALITY, GRADUALISM AND FLEXIBILITY.
$EUR #ECB
ECB: DATA REINFORCE EXPECTATION THAT APP SHOULD END IN 3Q. APP PURCHASE PACE IN 3Q WILL BE DATA-DEPENDENT. WILL TAKE WHATEVER ACTION IS NEEDED TO FULFILL MANDATE.
$EUR #ECB
Read 4 tweets
Apr 14
ELON MUSK OFFERS TO BUY TWITTER FOR $54.20/SHR IN CASH.
#Twitter $TWTR
ELON MUSK LETTER CONTAINS NON-BINDING PROPOSAL.
#Twitter $TWTR
MUSK OFFER REPRESENTS A 54% PREMIUM OVER CLOSING PRICE JAN 28.
#Twitter $TWTR
Read 5 tweets
Apr 14
CHINA CENTRAL BANK OFFICIAL: PLANS 40 BLN YUAN RELENDING QUOTA FOR ELDERLY CARE PILOT.
#China $ASHR $CNY $CNH
CHINA CENTRAL BANK OFFICIAL: PLANS 200 BLN YUAN RELENDING QUOTA FOR TECH INNOVATION, WITH INTEREST RATE OF 1.75%.
#China $ASHR $CNY $CNH
CHINA CENTRAL BANK OFFICIAL: OUTSTANDING INDIVIDUAL MORTGAGES +8.9% Y/Y TO 38.8 TRLN YUAN BY END-MARCH.
#China $ASHR #property
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(