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Full Truck Alliance presents its vision for low emissions shipping at ...
Full Truck Alliance presents its vision for low emissions shipping at COP 28 Dubai, Nov. 30, 2023 (GLOBE NEWSWIRE) -- As COP 28 seeks to get commitments from countries and industries to drastically reduce emissions across all sectors, Full Truck Alliance (FTA) showcased its strategy for a greener, technology-driven trucking sector with lower emissions. Dr. Chen Zhaohui, FTA’s Principal Scientist, spoke during a panel on Nov. 30 about international private sector collaboration to meet emission reduction targets, explaining FTA’s pledge to lead in reducing trucking emissions in China. The...
- Tian Hou
YMM: Better Fulfillment and Utilization Driving Solid 2Q23 Performance...
We are positive on YMM’s 2023 outlook. The long-awaited economic stimulus policies have started to come out since late July 2023. Recently, China’s central government issued a series of intensive economic stimulus programs to boost confidence and restore economic growth. The programs not only include stimulating capital market, housing market, but also consumer and retail, and many more. Among these programs, AI and data economy are at the center. While these programs have not shown meaningful r...
- Tian Hou
- Tian Hou
YMM: 1H2022 Impacted By COVID Lockdowns; Expect Better 2H2022 As Lockd...
YMM will report 1Q22 results on June 8th before the US markets open with an 8am ET conference call. We are cautious on YMM’s 1Q22 performance and 2Q22 outlook as the company was impacted by COVID lockdowns. As a result of highway closures and other mobility restrictive measures across China, the operations of the shipping and freight industry were severely impacted. However, starting from June 1, 2022 Shanghai is going to lift the ban and will go back to normal; and Beijing is also on its way ba...
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