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Before the market opened on Wednesday, the VIX registered 29.12, down 2.34 points from the day before. The fear index peaked at 89.53 in October 2008 during the financial crisis, sparked partly by the collapse of the subprime housing market. In 2017, the VIX stood at 9.19, its lowest ever.
Beijing Huohe Technology Co Ltd, a leading Chinese supplier of smart lock products and services, announced its new dual-brand strategy, the latest step to better reach the consumers and gain larger market share in the emerging sector.
Beijing-based Great Wall was the 10th best-selling brand. It sold 7 million cases in 2016, down from 7.8 million in 2015. United States brand Barefoot was the best-selling product last year, selling 22.5 million cases.
Beijing has been ranked as China's most popular place for major companies across the globe to boost open innovation, which is a model aimed at promoting integrated efforts in innovation, such as sharing data between firms, as a way to spark new ideas, according to a report published on Saturday.
Beijing is speeding up the process of replacing its 70,000 taxis with NEVs after the municipal government issued a plan to combat air pollution in 2018, which said public vehicles would be converted to electric ones.
来源：资阳报