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Huawei's Aito M8 crossover received an impressive 21,000 orders within six hours of its presale launch in China, with 7,500 orders in the first hour alone. Priced at 368,000 yuan (approximately 50,650 USD), the M8 features a powerful 526 hp dual-motor system and a mixed range of 1,526 km. Concurrently, the updated Aito M9 garnered 11,000 orders, starting at 478,000 yuan (about 65,790 USD).
Global dividends reached a record $1.75 trillion in 2024, marking a 6.6% increase, driven by significant contributions from new dividend initiators like Meta and Alphabet. The financial sector led the growth, while mining and transport sectors saw declines. Despite regional disparities, the overall trend reflects a strong commitment to returning capital to shareholders, with forecasts suggesting continued growth into 2025.
Seven & i Holdings is set to announce a new CEO and a restructuring plan amid a $47 billion takeover bid from Alimentation Couche-Tard. Stephen Dacus, the lead outside director, is expected to succeed Ryuichi Isaka, marking the first time a foreign-born executive will lead the company. The restructuring may involve selling non-core assets to Bain Capital for over 700 billion yen, as the company faces pressure from investors and a competitive bidding landscape.
The Australia 200 index fell 63 points (-0.78%) to 8077, marking its eleventh decline in 14 sessions, despite positive global news. The energy sector dropped 5.9% this week, while the financial sector nears February lows. In contrast, the technology sector gained, buoyed by a rally in the US Tech 100.
Huawei's Aito M8 and updated M9 crossovers have begun presales in China, with the M8 priced at 368,000 yuan (50,650 USD) and the M9 at 478,000 yuan (65,790 USD). The M8 features a dual-motor 4WD system and a range of 1,526 km, while the M9 boasts ten tech updates, including enhanced ADAS with four LiDAR sensors. Deliveries for both models are set to commence soon, with the M8 launching in April and the M9 this month.
US stocks declined amid new tariffs on Mexico, Canada, and China, raising inflation risks and complicating the Federal Reserve's monetary easing path. While volatility is expected, resilient earnings and AI-driven growth may support equity gains, with the S&P 500 projected to reach 6,600 by year-end. Concerns over tech supply chains and retaliatory tariffs from Canada and China add to market uncertainty.
The global Radio Access Network (RAN) market experienced a significant decline of nearly $9 billion in 2024, marking the steepest drop in over 20 years. Despite this downturn, Huawei and Ericsson gained market share, with Huawei dominating the Chinese market due to strong government support and cost-effective solutions, while Ericsson capitalized on its presence in North America and Europe amid Huawei's regional restrictions. Nokia, Samsung, and ZTE struggled to compete, facing challenges in securing contracts and expanding their global presence.
The euro is gaining traction, trading above 1.07 dollars, following a significant financial package agreement between CDU/CSU and SPD. Investors are optimistic about economic stimulus in the eurozone, while concerns over U.S. tariffs and inflation weigh on the dollar. The ECB's upcoming meeting and U.S. labor market report are key events to watch.
US stocks experienced volatility as new tariffs on Mexico, Canada, and China were imposed, leading to a 1.2% decline in the S&P 500. Canada and China retaliated with their own tariffs, raising concerns about economic momentum and inflation risks. Despite these challenges, strong demand for AI and resilient corporate earnings may support long-term equity growth.
HUAWEI Mobile Services is enhancing the tourism experience in Spain by partnering with the Ministry of Tourism and Foreign Affairs of Andalucía and Madrid City Council Tourism. Through data-driven insights and innovative marketing strategies, the collaboration aims to attract Chinese tourists by promoting decentralized and off-peak travel, aligning with sustainable tourism practices. This initiative reflects a commitment to adapting to the evolving demands of the Chinese market and strengthening Spain's position as a premier travel destination.
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Huawei Aito M8 receives 21000 orders in six hours during presale
12:28 06.03.2025
global dividends hit record 1.75 trillion driven by new payouts
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06:21 06.03.2025
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05:34 06.03.2025
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05:06 06.03.2025
huawei launches presales for new aito m8 and updated m9 crossovers
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15:58 05.03.2025
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15:51 05.03.2025
huawei mobile services partners with spain to enhance chinese tourism experience
14:14 05.03.2025
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