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Investing in china chinese EV makers delivered record Q2
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Chinese EV makers delivered record Q2 sales, boosting stock sentiment. Market watchers note that "investing in China" in the EV supply chain—lithium miners, battery tech—offers above-average earnings potential through 2025, given supportive export data. If directives enforced broadly it would affect shipments of BHP’s Jimblebar fines which is roughly 20% of its sales mix, according to UBS. Australian Prime Minister Anthony Albanese has urged both sides to resolve the dispute quickly. China has seen record capital flight over the past two years, with foreign investors pulling out of China at a speed not seen in decades. The world's second-largest economy has struggled to shake off deflationary pressures amid a prolonged housing downturn, sluggish domestic demand and simmering tensions with the U.S. Online payment transaction volumes hit a record high last month. Fintech analysts argue "investing in China" in digital wallets and mobile payment platforms is a growth story worth tracking.