Niu’s Global Sales Hit the Skids, as Domestic Purchases Zoom

Electric scooter specialist blames Covid for overseas sales decline in first quarter, even as business in its home China market rebounds sharply in post-Covid surge Key takeaways: Niu Technologies is emerging as one of China’s top electric scooter makers The company’s international sales have stalled for pandemic-related reasons, but could rebound later this year as more normal conditions return and its distribution improves By Doug Young Electric scooter maker Niu Technologies (Nasdaq: NIU) is a story with many moving parts, some of which were on display in a Tuesday update…

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Government Environmental Priorities Put the Heat on Datacenter Operators

Recently-listed Chinadata looks most advanced among China’s top three independent operators in heeding calls to reduce carbon emissions Key Takeaways GDS Holdings remains the market leader among China’s major independent datacenter operators Chinadata could be best positioned to respond government carbon-reduction demands that could radically alter land-use and operating-efficiency strategies By Eric Auchard A major shift is shaping up in the real-world land grab by China’s major datacenter operators. While they may seem techy, datacenter operators have much in common with property developers: Their strategy boils down to buying up…

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Global Heavyweights Inflate Wind Power Specialist Xinjiang Goldwind

Morgan Stanley, JPMorgan, Citigroup and BlackRock all take positions in China’s leading wind power equipment maker as it prepares to announce its latest earnings next week Key takeaways Recent foreign interest in Xinjiang Goldwind is linked to its position as a leading wind power equipment maker, and possibly its latest earnings report due out next week The company’s relationship with the new energy arm of the Three Gorges Dam operator will help it profit from China’s push to boost its green power capacity   By Doug Young Which way is the…

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Solar Star Daqo at Pivotal Point as It Inks Major New Deal

Stock and profits for key supplier of main ingredient used to make solar panels have soared on rising prices for its polysilicon By Doug Young Shares of solar materials maker Daqo New Energy Corp. (NYSE: DQ) have surged over the past year, and the company hit the headlines this week after inking a major new supply agreement. The announcement follows an unrelated negative development for the industry from the U.S. and a week ahead of Daqo’s next quarterly results announcement. We’ll examine the various headlines more closely shortly, including what…

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