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Top related persons:
Anthony Sassine - 9 KraneShares - 3 Sassine - 2 Tesla - 2 — - 1 Pan Gongsheng - 1 Andrew Rocco - 1 Rocco didn't - 1
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Getty - 2 EVs - 2 SK Hynix - 2 Service - 1 People's Bank of China - 1 Business - 1 Lombard - 1 Investors - 1

Search resuls for: "Anthony Sassine"


9 mentions found


☆ Beijing is no longer hiding its panic about the state of its economy
  + stars: | 2024-09-25 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +5 min
The measures were significant because Beijing has been holding back on a "bazooka" stimulus even though China's economy has been struggling to stage a convincing recovery post-pandemic. To be sure, this is not the first attempt China has made at boosting its economy in the past few years. However, Beijing's display of resolve also triggered market speculation that it's alarmed and panicked over the state of its economy, which is facing multiple challenges. Related storiesNotably, even on the heels of China's big stimulus announcement, most analysts also think Beijing still needs to do more to boost China's economy, particularly in boosting gloomy domestic demand. "Onshore stocks are a policy- and momentum-driven market, and policy signals don't get much clearer than this," they wrote.
Persons: —, Pan Gongsheng, Andrew Rocco, Rocco didn't, Pan, Freya Beamish, Rory Green, Anthony Sassine, Sassine, Rocco, macroeconomy, China's CSI300 Organizations: Service, People's Bank of China, Business, Lombard, Investors, Zacks Investment Research, Global Data.TS, Yahoo Finance, Data.TS Locations: China, Beijing, Swiss, London
☆ Potential EU tariffs on Chinese EVs won't have much impact: Strategist
  + stars: | 2024-06-11 | 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 EmailPotential EU tariffs on Chinese EVs won't have much impact, strategist saysAnthony Sassine, senior investment strategist at KraneShares, says Chinese manufacturers "are so efficient, are so ahead of the curve, that tariffs like this I don't think will impact too much the pricing here."
Persons: Anthony Sassine
☆ EU is expected to unveil tariff plans for Chinese EVs this week
  + stars: | 2024-06-11 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com   time to read: +1 min
TOPSHOT - People look at a BYD Seagull car by Chinese electric vehicle (EV) manufacturer BYD Auto at the Bangkok International Motor Show in Nonthaburi on March 27, 2024. (Photo by Lillian SUWANRUMPHA / AFP) (Photo by LILLIAN SUWANRUMPHA/AFP via Getty Images)The European Union is expected to reveal its tariff rate plan for Chinese electric vehicles this week, as the bloc cracks down on low-priced, subsidized imports. The EU has a standard 10% duty on imported EVs, but is set to provisionally raise those fees for Chinese EVs starting July 4. Citi analysts on Monday said the tariff rate could be "hiked to ~25-30% from 10% currently, while our risk scenario (40% probability) envisages a hike in the tariff rate to 30-50%." Ursula von der Leyen, president of the European Commission, saw her party – the European People's Party – gaining seats on Sunday.
Persons: Lillian SUWANRUMPHA, LILLIAN SUWANRUMPHA, Anthony Sassine, Ursula von der Leyen, Von der Leyen Organizations: BYD Auto, Getty, EU, EVs, Citi, European Commission, European People's Party Locations: Bangkok, Nonthaburi, AFP, Beijing
☆ China's BYD has 'superior manufacturing and vertical integration,' strategist says
  + stars: | 2024-03-27 | 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 EmailChina's BYD has 'superior manufacturing and vertical integration,' strategist saysAnthony Sassine, director and senior investment strategist at KraneShares, discusses the Chinese electric vehicle maker's earnings.
Persons: Anthony Sassine
☆ India, Indonesia and Nigeria are 'long-term' EV plays: Portfolio manager
  + stars: | 2023-11-14 | 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 EmailIndia, Indonesia and Nigeria are 'long-term' EV plays: Portfolio managerAnthony Sassine of KraneShares discusses India's proposed tax cuts on electric vehicles and growth potential in the EV manufacturing.
Persons: Anthony Sassine, KraneShares, India's Locations: India, Indonesia, Nigeria
☆ SK Hynix will benefit from growing demand for A.I.-related semiconductors, strategist says
  + stars: | 2023-07-26 | 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 EmailSK Hynix will benefit from growing demand for A.I.-related semiconductors, strategist saysAnthony Sassine of KraneShares discusses South Korean memory chipmaker SK Hynix's financial results and the outlook for the company.
Persons: Anthony Sassine, KraneShares Organizations: SK Hynix, A.I, SK Hynix's
☆ SK Hynix posts narrower second-quarter loss amid robust AI demand, sees chip recovery
  + stars: | 2023-07-26 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +1 min
SK Hynix reported its earnings for the second quarter of 2023 on Wednesday. South Korean chipmaker SK Hynix posted a second-quarter operating loss of 2.88 trillion Korean won ($2.24 billion) on Wednesday as demand for memory chips remained sluggish. SK Hynix said the weak memory chip market is on the road to recovery amid robust artificial intelligence demand, which resulted in a smaller second-quarter operating loss. The quarterly losses were narrower than the 3.4 trillion Korean won in the previous quarter which ended in March, and compared to a 4.2 trillion won profit from a year ago. That's compared with expectations for a 2.7 trillion won operating loss, according to Refinitiv estimates, weighted toward analysts that are more consistently accurate.
Persons: SK Hynix, Anthony Sassine, that's Organizations: SK Hynix, ., Korean chipmaker SK Hynix, SK, KraneShares, CNBC Locations: Korean
☆ Elon Musk's visit to China shows how important the market is for Tesla, strategist says
  + stars: | 2023-05-31 | 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 EmailElon Musk's visit to China shows how important the market is for Tesla, strategist saysAnthony Sassine of KraneShares says Tesla CEO Elon Musk wanted to "set the story straight" and make sure it's "on the same page" as the Chinese Communist Party.
Persons: Tesla, Anthony Sassine, KraneShares, Elon Musk Organizations: Elon, Chinese Communist Party Locations: China
☆ Elon Musk’s visit underscores China's importance to global EV market, analysts say
  + stars: | 2023-05-31 | by ( Lim Hui Jie | ) www.cnbc.com   time to read: +3 min
Xiaolu Chu | Getty Images News | Getty ImagesFrom handshakes with Chinese officials to visits to China's top ministries, Elon Musk's visit to Beijing is putting the spotlight on China's place in the global electric vehicle market. The Tesla CEO's visit to China is a "very important one" for him, said Anthony Sassine, senior investment strategist at investment manager Kraneshares. Price warsTesla slashed prices for its EV sales in China last October and January, but subsequently raised prices again in May. "It signals how important the China market is to defend and how important it is to your global system, you need the scale of China working for you," he said on CNBC's "Squawk Box Asia." He noted that China the most competitive market for EVs, with Tesla competing with multiple local companies for supremacy.
Persons: Xiaolu Chu, Elon Musk's, Tesla, Anthony Sassine, Sassine, CNBC's, Musk, Jamie Dimon, Bill Russo, Russo Organizations: Getty, Kraneshares, Communist Party, Musk, JPMorgan, U.S, EVs Locations: Shanghai, China, Beijing, U.S
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