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Different from the capital market rally five years ago, institutional investors hold more prudent portfolios nowadays, but they still need to prevent unexpected volatility if asset prices surge too quickly or if a second wave of the pandemic arrives, Guan added.
Didi, Pony.ai and UISEE secure capital
Domestic SUV brands are in hot pursuit of their international rivals, according to a new industry report that suggests indigenous vehicles offer better value for money and are more in line with the needs of younger Chinese drivers.
Diess, a former BMW AG executive, who joined VW two months before the emissions cheating came to light, pledged from the beginning to pursue new technology while reining in spending growth.
Despite the recovery, Zhu said there are risks facing industrial firms. "Market demand has not recovered completely, the drop in industrial goods prices has sustained, and cost pressure is still heavy."
来源：资阳报