{
}
Huawei's smartphone sales surged in Q4 2024, driven by the Pura 70 and Nova 13 series, alongside the popular Mate 60 series. The company captured 17% of the Chinese market, closely trailing Apple, while overall smartphone sales in China rose by 5% year-on-year. The upcoming Pura 80 series is expected to further enhance Huawei's market position.
Aito, a NEV brand backed by Huawei, has filed for regulatory approval for its M9 SUV, which includes one BEV and two EREV variants powered by CATL batteries. The M9 has seen over 200,000 orders since its launch, with 12,483 units delivered in January, making it a leader in China's luxury car market. The model features advanced technology, including multiple LiDARs, and is manufactured in Chongqing, with a price range starting at RMB 469,800.
The Stelato S9 EREV sedan, a collaboration between Huawei and BAIC, is set to launch in China in April, featuring a remarkable fuel consumption rate of 0.25 L/100 km. Despite ambitious sales targets of 120,000 units annually, only 3,008 units have been delivered due to its high price of 399,800 yuan (54,850 USD). The vehicle includes advanced features like LiDAR, retractable door handles, and optional camera side mirrors, but faces stiff competition from rivals like the Avatr 12 EREV, which starts at 269,900 yuan (37,900 USD).
Global tech shares have rebounded, with the Nasdaq 100 reaching an all-time high, driven by optimism around AI's dual model landscape. Despite past regulatory challenges, China's tech sector is poised for growth, with forecasts suggesting significant investment opportunities and mid-teen returns for AI stocks globally. Volatility is expected, but strong fundamentals in quality AI companies support a bullish outlook.
Global equity markets have started the week positively, with the Euro STOXX 600 reaching a record high, driven by the defense sector. Despite ongoing geopolitical tensions and economic uncertainties, UBS GWM maintains a favorable outlook, particularly for U.S. and Asian equities, citing robust earnings growth and opportunities in the Chinese tech sector. Investors are advised to focus on small- and mid-cap stocks in Europe and consider exposure to artificial intelligence, while preparing for potential volatility.
The USA has regained its position as Germany's most important trading partner, surpassing China for the first time since 2015, with trade volumes reaching 252.8 billion euros. However, potential tariffs on German exports, particularly in the automotive sector, pose significant risks to this relationship and could impact the German economy adversely. Meanwhile, Germany's export surplus increased to 239.1 billion euros, despite a decline in overall exports and imports.
Dongfeng Motor's premium brand VOYAH has launched new variants of its DREAM MPV, now featuring Huawei's Qiankun intelligent driving system. The lineup includes Excellence and Prestige trims with PHEV and BEV options, priced between 359,900 and 409,900 yuan. The updated model boasts a spacious interior with advanced tech, including a larger touchscreen and a 2+2+3 seating layout, while the Qiankun ADS 3.0 system enhances driving capabilities with 27 sensors. The PHEV offers a 235 km electric range, while the BEV provides up to 650 km.
Huawei has launched the Mate XT, the world's first tri-fold smartphone, with a global rollout planned following its initial release in China. Priced at EUR3,499, the device features a unique Z-shaped design, a Kirin 9010 chipset, and runs on HarmonyOS 4, but its lack of Google Mobile Services may hinder adoption in Western markets. Despite this, Huawei aims to reclaim its global smartphone presence, targeting high-end consumers while facing increased competition from upcoming devices like Apple's iPhone SE 4.
The BOJ is considering raising interest rates, impacting Japanese stocks negatively, as the Nikkei dipped slightly. Meanwhile, Chinese tech stocks surged on optimism from AI developments, while US markets showed cautious gains amid geopolitical tensions and corporate earnings. The Swiss market started slowly, with Holcim shares under pressure after a downgrade.
UBS Wealth is focusing on global AI stocks, particularly in China, as the Hang Seng Technology Index surges over 30% in a month. The firm anticipates significant capital expenditure increases from US tech giants and bullish trends in China's corporate earnings due to AI advancements. Additionally, UBS is optimistic about mid-cap European shares and broader Asian markets, excluding Japan, amid expected economic stimulus.
Chinese Yuan
Currency
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
huawei smartphone sales surge in q4 2024 driven by pura and nova series
06:16 20.02.2025
Aito M9 SUV files for regulatory approval ahead of potential facelift
04:01 20.02.2025
Stelato S9 EREV sedan launched in China with competitive fuel efficiency
17:14 19.02.2025
AI rally continues with strong market performance and investment opportunities ahead
16:04 19.02.2025
global equity markets rally amid uncertainty with focus on growth opportunities
Chinese Yuan
United States Dollar
Euro
CHN
CHE
FRA
USA
UKR
Xi Jinping
Donald Trump
Elon Musk
Mark Haefele
Show more
14:29 19.02.2025
Germany's trade dynamics shift as USA surpasses China in exports and imports
Chinese Yuan
Euro
United States Dollar
CHN
DEU
FRA
USA
NLD
Thomas Gitzel
Robert Habeck
Hildegard Müller
Donald Trump
Sebastian Dullien
Show more
14:05 19.02.2025
voyah launches new dream mpv models with huawei smart driving technology
11:18 19.02.2025
huawei launches mate xt the worlds first tri fold smartphone amid challenges
Chinese Yuan
United States Dollar
British Pound Sterling
Euro
ARE
CHN
MYS
SAU
Joe Biden
Howard Liang
Show more
09:37 19.02.2025
Swiss stock market opens slowly as Holcim shares decline after downgrade
Swiss Franc
Japanese Yen
Chinese Yuan
Euro
United States Dollar
Mitsubishi UFJ Financial Group Inc.
Sumitomo Mitsui Financial Group
JPN
CHN
CHE
RUS
USA
UKR
Hajime Takata
Thomas Rupf
Show more
06:20 19.02.2025
ubs wealth shifts focus to china ai and us tech stocks
Chinese Yuan
United States Dollar
Australian Dollar
The Goldman Sachs Group, Inc.
CHN
TWN
DEU
USA
AUS
Kelvin Taylor
Jack Ma
Show more
05:41 19.02.2025
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Global Trade Developments
Global Financial Events
Finance Mergers & Acquisitions
Banking Regulations
Retail and Consumer Goods
Startups & Entrepreneurship
Central Bank Actions
Industry Mergers & Acquisitions
Inflation and Monetary Impact
Market Analysis and Predictions
Government Economic Policies
CEO Changes
Government Policies
Domestic Politics
Workplace Trends
GDP Growth & Recession Forecasts
Financial Scams and Security
Countries:
Companies:
Apple Inc.
Tesla, Inc.
JPMorgan Chase & Co.
Barclays PLC
Deutsche Bank Money Market PP
The Goldman Sachs Group, Inc.
Credit Suisse Strategic Income I
Berkshire Hathaway Inc.
Banco Santander, S.A.
SpaceXCoin USD
Bank of America Corporation
UBS Group AG
Lloyds Banking Group plc
Amazon.com, Inc.
BNP Paribas SA
Morgan Stanley
NVIDIA Corporation
Wells Fargo & Company
Bank Frick AG
UniCredit S.p.A.
Currencies:
United States Dollar
Euro
Swiss Franc
British Pound Sterling
Japanese Yen
Indian Rupee
Chinese Yuan
Vietnamese Đồng
South Korean Won
Canadian Dollar
Australian Dollar
Thai Baht
New Taiwan Dollar
Singapore Dollar
Indonesian Rupiah
Mexican Peso
Cambodian Riel
Russian Ruble
Hong Kong Dollar
Offshore Chinese Yuan
People:
Donald Trump
Elon Musk
Warren Buffett
JD Vance
Sergio Ermotti
Mark Haefele
Robin Leopold
Olivier Calvet
Troy L Rohrbaugh
Jennifer Piepszak
Karoline Leavitt
Ursula von der Leyen
Susan P. Crawford
Scott Bessent
Stacey Friedman
Jeff Bezos
George Saravelos
Alex Kramm
Francois Xavier Bouvignies
Joseph Spak