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Banks and brokers were buyers of stocks, while state-backed institutions were also likely to be purchasers, say traders

Funding has been drying up for car start-ups in fiercely competitive domestic market

Hesai says it has been forced to sue US government after allegations of military links

Tesla rival says follow-on Hong Kong offering is the biggest in the global automotive sector in a decade

Carmaker acquired project from ride-hailing giant Didi as it retrenched during Beijing’s tech crackdown

Sellers from China, Canada and Mexico rush to get goods into the US before levies rise

Red Sea attacks have pushed up costs and put pressure on profits during critical season for trade

Uptick seen as boost to policymakers eager to stimulate recovery in world’s second-biggest economy