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Bloomberg Businessweek

First Day of Trading for Chinese EV Maker Zeekr

May 10, 2024
52:39
Snipd AI
Amy Or and Steve Man discuss Zeekr's IPO success and Chinese EV market positioning. Ben Harburg talks about investing in China. Tim Sullivan shares NJ economic growth initiatives. Christina Stembel chats about the floral industry. The podcast covers diverse topics like clean energy, film industry, Mother's Day, and market trends.
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Podcast summary created with Snipd AI

Quick takeaways

  • Zeekr Intelligent Technology's first day of trading after a big IPO signifies China's significant presence in the US market.
  • Investing in China through an American perspective provides unique insights for strategic investment decisions.

Deep dives

Market Resilience

The market has shown resilience even with concerns about interest rates. Companies and individuals who have already refinanced their balance sheets are less affected by interest rate changes. There is pent-up cash on the sidelines ready to buy assets at any drop in prices.

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