Tesla shares have been on a dizzying roller-coaster ride this year, as jumpy investors reacted to a wide array of both positive and negative news — ranging from supply problems, demand concerns, production disruptions in China, a cash-strapped consumer and the looming global recession, to the promise of a big boost to the EV industry from the Biden adminstration’s climate act.
Global Market: Apple supplier Lingyi’s shares up 6% in Hong Kong debut
Shares of Lingyi iTech opened 6% higher in the Chinese precision parts maker’s Hong Kong debut on Friday, after the Apple supplier raised about HK$8.3