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On February 26th, Tesla China officially announced a new round of financing incentives for its vehicles. Orders placed before March 31st will be eligible for a 7-year low-interest loan on all models. For the three main models, Model 3, Model Y, and Model YL, an additional 5-year 0% interest plan is available, meaning no interest will be paid on the loan. This move is widely interpreted by the industry as another round of "disguised price reductions," aimed at further boosting sales. In January 2026, Tesla China released a similar promotional program, which at that time was valid until January 31st. Data shows that Tesla Chinas total wholesale sales in 2025 were 851,700 vehicles (including domestic deliveries and overseas exports), a year-on-year decrease of 7.08%.Galaxy Entertainment (00027.HK): The Groups adjusted EBITDA for the year 2025 is HK$14.5 billion, up 19% year-on-year. Profit attributable to shareholders for the year is HK$10.7 billion, up 22% year-on-year.Hong Kong Exchanges and Clearing Limited (00388.HK): Driven by the wave of artificial intelligence and other technological developments, global investors interest in Chinese assets has been rekindled, and the participation of mainland Chinese investors has continued to increase, driving a strong performance in the Hong Kong spot market in 2025, with turnover reaching a record high. The IPO market also saw a heated atmosphere. The spot market set several new records in 2025, with the annual average daily turnover reaching a new high of HK$249.8 billion, the average daily turnover in September 2025 reaching a new monthly high of HK$316.7 billion, and a new single-day turnover of HK$621 billion recorded on April 7, 2025.The U.S. savings rate fell to 3.6% in December, the lowest level since October 2022.February 26th - According to statistics and analysis from the China Association of Automobile Manufacturers, in January 2026, Chinese brand passenger vehicles sold a total of 1.329 million units, a decrease of 32.1% month-on-month and 8.9% year-on-year, accounting for 66.9% of total passenger vehicle sales, a decrease of 1.5 percentage points compared to the same period last year.

The conclusion of the Argentine truckers' strike increases grain shipments

Charlie Brooks

Jul 01, 2022 11:36


The Argentine truckers' strike ended on Thursday, when several unions incensed by fuel shortages reached an agreement to terminate the one-week protest near the vital port of Rosario, which is expected to assist future grain exports.


The truck driver's protest over high gasoline prices has halted shipments of corn and other goods, just as the bulk of the harvest was making its way to ports for export to worldwide markets.


Due to the exclusion of a few tiny truckers groups from the deal, however, it is possible that certain protests may continue.


Argentina is the second-largest exporter of maize, the top exporter of processed soy oil and meal, and a major supplier of wheat and beef.


One of the unions, Autoconvocados Unidos, issued the following statement: "Despite our dissatisfaction (with the latest settlement of truck freight rates) and in light of the present crisis in our country, we have chosen to halt the strike."


The union described their action as an act of kindness.


The number of trucks entering ports surged by 70 percent on Thursday compared to the previous day, reaching approximately 1,500 vehicles, as reported by the Rosario grains market.


The Rosario ports are the departure point for 80 percent of Argentina's agricultural exports, the vast majority of which are transported by truck.


The ability of trucks to access the port is returning to normal, according to the manager of the country's marine port chamber, Guillermo Wade.


Additionally on Wednesday, the transport ministry secured a deal with non-striking agricultural and transport groups to hike grain freight charges by 25%.


However, the majority of protesting unions, led by the UNTRA truckers' union, felt the rate increase insufficient and chose to dismantle highway blockades.


The head of the UNTRA, Carlos Geneiro, said, "We have far greater expenses than that."