China EV stocks rise on reports of progress towards EU tariff deal By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 25 2024
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Source: Investing.com
Chinese EV Stocks Rise: Chinese electric vehicle stocks in Hong Kong saw an increase following reports that China and the EU are nearing an agreement to eliminate tariffs on Chinese EV imports, which had been raised significantly earlier this year.
Ongoing Discussions: The discussions between China and the EU have reportedly made technical progress, with Chinese President Xi Jinping emphasizing the importance of resolving tariff issues through dialogue during a recent G20 summit.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
