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Search resuls for: "Emily Tan"


19 mentions found


☆ Taiwan's new President Lai Ching-te has been sworn in
  + stars: | 2024-05-20 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTaiwan's new President Lai Ching-te has been sworn inTaiwan's new president Lai Ching-te was sworn into office on Monday, after serving as Tsai Ing-wen's vice president for the last four years. All eyes are on his inaugural speech. CNBC's Emily Tan reports from Taipei.
Persons: Lai Ching, te, Tsai Ing, Emily Tan Locations: Taipei
☆ Chinese auto giant Xpeng wants to deliver flying cars by 2026
  + stars: | 2024-05-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChinese auto giant Xpeng wants to deliver flying cars by 2026Brian Gu, vice chair of Xpeng, discusses the EV market — and the future of flying cars — with CNBC's Emily Tan in Hong Kong.
Persons: Brian Gu, Emily Tan Locations: Hong Kong
☆ Xpeng vice chair says 'right now we have no plans' to enter the U.S. market
  + stars: | 2024-05-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailXpeng vice chair says 'right now we have no plans' to enter the U.S. marketBrian Gu, vice chair of Chinese auto giant Xpeng, discusses the EV market with CNBC's Emily Tan in Hong Kong.
Persons: Brian Gu, Emily Tan Locations: U.S, Hong Kong
☆ Emily Tan: Ambition is the journey and drive to keep going
  + stars: | 2024-05-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEmily Tan: Ambition is the journey and drive to keep going"When you get there, you realize you want more." CNBC International Senior Correspondent Emily Tan shares what ambition means to her.
Persons: Emily Tan Organizations: CNBC
☆ After doubts about Alibaba's future, co-founder Joe Tsai says: 'We're back'
  + stars: | 2024-02-26 | by ( Emily Tan Evelyn Cheng | Emily Tan | Evelyn Cheng | ) www.cnbc.com   time to read: +1 min
Trader works at the post where Alibaba is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 28, 2023. REUTERS/Brendan McDermid Brendan Mcdermid | ReutersChinese e-commerce giant Alibaba is back on track to be a top market player after a period of pressure, co-founder Joe Tsai told CNBC's Emily Tan in an exclusive interview Friday. Questions about Alibaba's future have mounted after a series of internal changes, a scrapped cloud computing IPO and competition for its core e-commerce business. "Where we didn't feel as confident as before, we felt the competitive pressure, but now we're back." watch nowStock Chart Icon Stock chart icon Alibaba
Persons: Brendan McDermid Brendan Mcdermid, Joe Tsai, Emily Tan, Tsai Organizations: New York Stock Exchange, REUTERS, PDD Holdings, ByteDance, Alibaba Locations: New York City, U.S, China, Alibaba
☆ China's Xpeng claims its latest EV model could be an industry 'game changer'
  + stars: | 2024-01-05 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +4 min
watch nowChinese electric vehicle company Xpeng told CNBC on Friday that its newly launched X9 model could be a "game changer" for the industry. Xpeng launched the X9 large 7-seater EV on Jan. 1, a car built on its SEPA2.0 architecture for the Chinese market. Xpeng's new launch comes as several domestic EV players such as Nio , Huawei and Zeekr recently revealed new electric vehicles. Stiff competitionCompetition is intensifying in the Chinese EV market, with BYD, Li Auto and Geely among the small number of players that have hit their annual sales targets. Gu is optimistic on China's EV market in 2024 despite challenges, saying that "2024 will be a very competitive year" with new model and brand launches.
Persons: Xpeng, Brian Gu, Emily Tan, Gu, Zeekr, Xpeng Xpeng, Guangdong Huitian, Li Auto, Vincent Sun, Xpeng Nio, Li, BYD, Tesla, TrendForce Organizations: CNBC, Jan, EV, Huawei, Guangdong Huitian, Li Auto Locations: China, Europe, Guangdong, U.S
☆ China is 'absolutely booming' in this sector, says Standard Chartered
  + stars: | 2023-11-08 | by ( Lee Ying Shan | ) www.cnbc.com   time to read: +1 min
China's economic recovery story has been a largely disappointing one, but the economic powerhouse is seeing stellar growth in one particular sector, said Standard Chartered's Bill Winters. While China's recovery is still "a bit bumpy," the country is also building is a more resilient, sustainable and stronger economy, he said. "Gradually decompressing the old economy sectors, and accelerating in the new economy sectors," Winters added. China boasts the world's largest EV market with 5.9 million units sold in 2022, capturing 59% of EVs sold globally, according to research from Canalys. Additionally, Counterpoint Research data showed that domestic brands make up 81% of the EV market — with BYD, Wuling, Chery, Changan and GAC among the top players.
Persons: Bill Winters, CNBC's Emily Tan, Winters, EVs Organizations: Global Financial, Investment, Research, Chery, Changan, GAC Locations: China
☆ PC demand is back, says Acer CEO who sees robust growth in the 'foreseeable future'
  + stars: | 2023-10-20 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +2 min
"We have seen the demand reach the bottom during about the May timeframe this year and ever since that, the demand has come back. For Q3, we have already seen year-to-year growth," chairman and CEO Jason Chen told CNBC's Emily Tan. Acer is the world's fifth-largest player in the PC market with a 6.4% market share, according to Canalys. But the boom in PC sales came to an end, when global PC shipments declined sharply in the first quarter of 2022. "PCs today, together with the display business, monitor business, is contributing about two-thirds of our business.
Persons: Jason Chen, Emily Tan, Chen Organizations: Lenovo, HP, Dell, Apple, Acer Locations: Taiwan, China, Southeast Asia, Japan, Korea, India
☆ Apple supplier Foxconn says it's 'way too late' to chase dominance in cutting-edge chips
  + stars: | 2023-10-18 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +5 min
watch nowApple iPhone supplier Foxconn , officially known as Hon Hai, said its semiconductor strategy is to focus on producing "specialty chips" — not competing in cutting-edge chips. We focus more on specialty technology," Chiang Shang-Yi, chief strategy officer for semiconductor at Hon Hai Technology Group, told CNBC's Emily Tan on Tuesday. Specialty chips are known as semiconductors found in sectors such as automotive and internet of things. And we call it specialty technology – that is not late at all," said Chiang. Chiang Shang-Yi Chief strategy officer for semiconductor"Sometimes we may have to build their cars by their drawings.
Persons: Hai, Chiang Shang, Yi, Emily Tan, Taiwan's, Chiang, Jun Seki, Hai's, Foxconn, Foxtron, – Tesla, Volkswagen –, Young Liu, Liu Organizations: Apple, Hai Technology Group, Samsung, Hai Technology, Yulon, Reuters, CNBC, Volkswagen, Research, Vedanta Locations: South, Foxconn, China, Europe, U.S, India, Karnataka, Beijing, Washington
☆ Hong Kong halts morning trading as 'black rainstorm' warning takes effect
  + stars: | 2023-09-08 | by ( Emily Tan | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHong Kong halts morning trading as 'black rainstorm' warning takes effectThis is Hong Kong's first black rainstorm warning since 2021, with severe flooding in many parts of the city. Schools have been cancelled and the government is calling on employers to let their staff to work under flexible arrangements. CNBC's Emily Tan reports.
Persons: Hong, Emily Tan Organizations: Hong, Schools Locations: Hong Kong
☆ Tencent releases AI model for businesses as competition in China heats up
  + stars: | 2023-09-07 | by ( Evelyn Cheng Emily Tan | Evelyn Cheng | Emily Tan | ) www.cnbc.com   time to read: +3 min
Tencent has said it was internally testing its Hunyuan AI model on advertising and fintech. Tencent is integrating Hunyuan's capabilities with its existing products for video conferencing and social media, Tong told CNBC. The company operates WeChat, a widely used messaging and payments app in China, and video conference platform Tencent Meeting. Baidu and several other Chinese companies received the green light in the last few weeks to release AI-powered chatbots to the public. "The constraint that we're facing will hinder the progress, the speed of development," Tong told CNBC in response to a question about U.S. restrictions.
Persons: Dowson Tong, Tencent, Tong, Ernie, ChatGPT Organizations: CNBC, Baidu Locations: China, Beijing
☆ HKEX first-half net profit rises 31%, CEO is 'quite optimistic' about medium term outlook
  + stars: | 2023-08-16 | by ( Lee Ying Shan | ) www.cnbc.com   time to read: +1 min
Hong Kong Exchanges and Clearing reported a 31% jump in net profit for the first six months of the year, compared to a year ago — and its CEO has expressed optimism about the medium-term outlook. HKEX's half-year net profit jumped to 6.31 billion Hong Kong dollars ($806.6 million) from HK$4.84 billion a year ago, boosted by the "robust growth" in its derivatives market, the exchange said in its press release. Revenue from its core businesses rose to HK$9.73 billion in the January to June period, up 5% year-on-year. Aguzin acknowledged that investors are in an "environment of caution" right now, with geopolitics being one of the factors. Still, he expressed optimism for the exchange's near term outlook, on hopes of lower inflation numbers and additional stimulus from China.
Persons: Nicolas Aguzin, Emily Tan, Aguzin, we've Organizations: Hong Kong Exchanges, Hong Kong, HK, Revenue Locations: China
☆ Las Vegas Sands CEO shares a 'painful' and 'emotional' decision the company made during the pandemic
  + stars: | 2023-08-04 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLas Vegas Sands CEO shares a 'painful' and 'emotional' decision the company made during the pandemicRobert Goldstein, chairman and CEO of Las Vegas Sands, speaks to CNBC's Emily Tan about how the company dealt with the pandemic.
Persons: Robert Goldstein, Emily Tan Organizations: Vegas Sands, Las Locations: Las Vegas
☆ China's gambling hub opens $2 billion resort with a giant copy of London's Big Ben
  + stars: | 2023-05-26 | by ( Charmaine Jacob Emily Tan | Charmaine Jacob | Emily Tan | ) www.cnbc.com   time to read: +4 min
This photograph taken on October 20, 2022 shows a replica of the Big Ben Tower at the Londoner Casino resort at the Cotai Strip in Macau. They can now do the same in Macao, the so-called Las Vegas of Asia. The Londoner Macao, a British-themed luxury casino resort in the Chinese gambling hub, held its grand opening ceremony on Thursday. You can't get better spa experience, you can't get better food experience," Las Vegas Sands CEO Robert Goldstein told CNBC on Thursday. The Londoner Macao casino resort and the Venetian casino resort, along the Cotai strip in Macau, China.
Persons: Eduardo Leal, EDUARDO LEAL, Ben, David Beckham, we've, Robert Goldstein, Goldstein, Wonderland, Beckham Organizations: AFP, Getty, Afp, Vegas Sands, CNBC, Downing, Fountain, Las Vegas Sands, Sands, The Plaza Macao, Hotel Macao, Bloomberg, Macao, Guard Locations: Macau, Asia, Macao, Vegas, British, Westminster, Shaftesbury, London, Las, Venetian Macao, Parisian Macao, Italy, France, England, Paris, China, Buckingham, Hong Kong
☆ Cathay's CEO outlines the risks the airline faces as Hong Kong moves out of Covid restrictions
  + stars: | 2023-03-15 | by ( Emily Tan | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCathay's CEO outlines the risks the airline faces as Hong Kong moves out of Covid restrictionsChief Executive Ronald Lam says the Hong Kong carrier has been "working really, really hard" to increase the supply of flights, especially to popular routes like London, Singapore, and mainland China.
☆ Cathay's CEO wants to turn the airline back to profitability, but faces manpower constraints
  + stars: | 2023-03-14 | by ( Lee Ying Shan | ) www.cnbc.com   time to read: +1 min
Cathay Pacific hopes to be profitable again in 2023, but returning to its pre-pandemic capacity remains one of the airline's "biggest risks," its CEO told CNBC. "But I'm hopeful that this year we can turn around the business and be back in profit overall." However, the airline swung to an annual operating profit of HK$3.5 billion last year — the first since 2019, according to Refinitiv data. "We need to have manpower in the air manpower on the ground. We also need the airport workers to be ready to take on flights both in Hong Kong and overseas."
☆ Women completely absent from China's Politburo for the first time in 25 years
  + stars: | 2023-03-07 | by ( Emily Tan | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWomen completely absent from China's Politburo for the first time in 25 yearsThat goes against the global trend and the Chinese Communist Party's own history, CNBC's Emily Tan reports.
☆ China's $2.5 trillion savings could bring 'opportunities for growth,' HKEX CEO says
  + stars: | 2023-02-23 | by ( Jihye Lee | ) www.cnbc.com   time to read: +3 min
Bloomberg | Bloomberg | Getty ImagesExcess savings from Chinese households could be growth opportunities and will likely bring "active" economic performance for the Hong Kong Exchanges and Clearing, its CEO told CNBC on Thursday. "I think the second and third quarter should be active quarters in terms of economic performance by China," Hong Kong Exchange and Clearing CEO Nicolas Aguzin told CNBC's Emily Tan. He said he sees about $2.5 trillion dollars in excess savings accumulated by Chinese households during Covid. Shares of HKEX gave up gains of more than 1% after the earnings release and closed flat on Thursday. "Macroeconomic and geopolitical conditions led to weak sentiment and softness across the global IPO market," the company said in its earnings release.
☆ Hong Kong's stock market halts trade when a typhoon warning is issued – the CEO says that may change
  + stars: | 2022-11-03 | by ( Jihye Lee | ) www.cnbc.com   time to read: +3 min
The Hong Kong Observatory has issued a Signal 8 or higher a total of six times in 2022, twice in 2021, and four times in 2020. What we're focusing on is the resiliency of Hong Kong – Hong Kong has proven time and time again that it can come back. Shortly following the interview, the Hong Kong Stock Exchange suspended trade after the H.K. "What we're focusing on is the resiliency of Hong Kong – Hong Kong has proven time and time again that it can come back. Companies would need to reach a valuation of $250 million Hong Kong dollars, lower than the current requirement of HK$500 million.
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