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China Market Update: Tesla & Baidu Venture Wins, Panda Diplomacy, & Another Massive Net Buy Day In Northbound Stock Connect [Forbes]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Japan was closed for Showa Day in honor of Emperor Showa (Hirohito), who reigned from 1926 to 1989. Real estate was the top-performing sector in both Hong Kong, where it gained +4.4% and Mainland China, where it gained +6.39% on reports that Chengdu lifted property purchase restrictions following similar policy purchase adjustments from Beijing, Shenzhen, and Nanjing. Remember, the real estate stock sector is small and very volatile, which is why we prefer real estate bonds for access. Speaking of Chengdu, the San Diego Zoo and the China Wildlife Conservation Association (CWCA) announced that two pandas will be delivered soon following the San Francisco Zoo's similar announcement last week. The revival of panda diplomacy is a good sign, as Secretary of State Blinken's China visit did not receive any rave reviews, but at least the two sides are talking. Elon Musk's surprise China visit around the Beijing Auto Show included meeting with Premier Li, Tesla's “compliance with Beijing
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