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Hong Kong-listed auto stocks continued their upward trend, with Geely Automobile (00175.HK) and Chery Automobile (09973.HK) rising by more than 4%, NIO-SW (09866.HK) rising by more than 3%, and Leapmotor (09863.HK) and others following suit.The Hong Kong-listed AI application sector rallied, with Zhipu (02513.HK) rising over 5%, RoboSense (02498.HK) gaining nearly 5%, and MINIMAX-W (00100.HK) and Youjia Innovation (02431.HK) following suit.April 9th - According to statistics from the Hengqin Border Inspection Station of the Zhuhai Border Inspection General Station, as of 00:00 on April 9th, 2026, the total number of inbound and outbound passengers at the Hengqin Port this year exceeded 10 million, 29 days earlier than last year (May 7th, 2025), setting a new record for the fastest passage since the port opened. This reflects the vigorous momentum of increasingly close exchanges and deepening integration between Hengqin and Macao. Regarding vehicle clearance, since the beginning of this year, the "joint one-stop" lanes at the Hengqin Port have processed over 1.17 million inbound and outbound vehicles, of which 66% are Macao-registered vehicles. The clearance time for a single vehicle has been reduced to less than 100 seconds. It is understood that the port will also upgrade its "no-card-swipe" clearance lanes this year, further accelerating both passenger and vehicle clearance.On April 9th, the highest 7-day annualized yield of Tencent Wealth Managements "Current Account +" was 1.3160%, and the lowest was 0.7700%. The highest 7-day annualized yield of WeChat Pays "Lingqian Tong" was 1.0720%, and the lowest was 1.0150%. The highest 7-day annualized yield of Alipays "Yuebao" was 1.2240%, and the lowest was 1.0010%.April 9th - Today (April 9th), the 42nd Chinese Antarctic Expedition, organized by the Ministry of Natural Resources, and the icebreaker "Xuelong" successfully returned to China and docked at the domestic base pier for Chinese polar research. The expedition team successfully completed all its planned tasks. This expedition set new records in terms of the number of personnel, the amount of routine supplies, and the workload, achieving fruitful results.

Bipartisan U.S. Senate Panel Discusses Clean Energy Tax Breaks

Charlie Brooks

May 05, 2022 09:49

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A bipartisan group of at least a dozen United States senators met Wednesday to discuss tax incentives for clean energy programs as part of broader legislation to increase the United States' energy independence and combat climate change, lawmakers said.


During a 90-minute meeting in the United States Capitol, the senators, including at least four Republicans, considered a lengthy list of suggested tax credits to stimulate programs such as offshore wind technology and carbon capture and storage. Legislators stated that their goal is to craft a proposal by late June that will garner bipartisan backing in the Senate.


The group is analyzing parts of President Joe Biden's so-called Build Back Better legislation, which cleared the House last year but died in the Senate's 100-member chamber.


"We're attempting to ensure our country's energy independence, to determine how we can use what we have more efficiently, and to assist in the development of new technologies," Senator Joe Manchin, who is leading the initiative, told reporters.


"This is a significant accomplishment," said Manchin, one of two moderate Democrats whose opposition to Biden's plan contributed to the legislation's defeat. "We're investigating everything possible."


Republican Senator Kevin Cramer stated that the group's next step will be to contact specialists to ascertain the environmental and economic benefits associated with the renewable energy technology detailed in several pages of suggestions.


"Clearly, we cannot fund everything. It's merely a massive wish list. It reads similarly to what Santa considers in the run-up to Christmas, "Cramer explained to reporters.


Cramer stated that the discussion included a suggestion to bring a greater portion of the solar panel supply chain to the United States. "If we're going to conduct more business with our allies and bring more goods to the US... there are some additional residual benefits that I believe merit some consideration," he said.