The Hang Seng index fell 3.1% by the close of trading, while on the mainland, the bluechip CSI300 index was down 0.8%
The plant targets mass production by 2025, joining other battery suppliers in taking advantage of new US EV tax credit rules
As China's automakers close the gap with foreign automakers we are likely to see more joint ventures collapse in the coming years, Urban Science managing director Chee-Kiang Lim said
Korean tech groups SK Hynix and LG Display joined US tech giants in reporting big slowdowns in growth and warning things are going to get worse, fanning recession fears.
Mirae Asset is creating a 300 billion won ($208 million) fund to support Musk's takeover of Twitter, the Korea Economic Daily said
Southeast Asia's largest economy has been enjoying an export boom for more than a year due to rising commodity prices
CATL reported profits of $1.3 billion in Q3, with revenue also rising by 232.5% to $13.41 billion
Li Qiang, a trusted confidante and former chief of staff for Xi, who oversaw the 2-month Covid lockdown in Shanghai this year, is set to become China's next premier.
CATL, whose Q3 profit nearly tripled year-on-year, is said to have pulled its expansion plans after the US put in new restrictions on sourcing battery materials
"A few of the Russian banks are joining hands with UCO Bank and Yes Bank. It will be primarily rupee-basis trade, could be rupee-rouble or could be rupee-riyal," a government official said
Australia's Syrah Resources said it plans to expand its Louisiana graphite plant after receiving a $220m grant to boost resources for EV batteries
City awards $191-million contract to build quarantine centre on Fuxing Island, in the Huangpu River, while officials in Beijing step up checks and lock down compounds as cases rise