What You Need to Know About Investing!

Money’s essence lies in circulation. In today’s society, capital stagnation or improper investment leads to financial loss; only by channeling funds into appropriate investment avenues can their value be preserved—or even increased. Below are essential investment fundamentals you must understand. Feel free to refer to them: The '6 Common Investment Misconceptions' 1. Investing is only for the wealthy: Both the poor and the rich can invest. Cultivating sound investment habits enables your money to work for you. 2. 'I’m too busy—I don’t have time to manage investments': Do you have time to play mahjong but not to invest? Even Chairman Mao kept daily accounts—surely you’re not busier than he was. 3. 'I don’t have much money, so investing won’t make a difference': The secret to investing lies in cherishing money, saving diligently, letting money generate more money, and persisting consistently. 4. 'I don’t understand investing': Not knowing is no barrier—you can learn anytime, and investing isn’t difficult. It’s never too late to start learning. 5. 'Investing equals getting rich quick': Investing has nothing to do with instant wealth. Rather, it’s about prudent preparation—safeguarding and steadily growing your wealth to achieve life goals. 6. 'Men and women invest differently': Investment principles apply equally to everyone. Women may be more impulsive, so they should exercise greater restraint against impulsive spending—but complete absence of impulse would rob them of charm. Men tend to 'analyze'; women tend to 'feel'. The 'Four-One Project' for Investing 1. Live within your means throughout life. Mike Tyson began boxing at age 20 and earned nearly $400 million by age 40—but spent recklessly: over 100-room mansions, dozens of sports cars, and even kept tigers as pets. By the end of 2004, he declared bankruptcy—and still owed the U.S. Internal Revenue Service $10 million. Unless you were born with a silver spoon, enjoyment should wait until age 40. Youth demands hard work and sacrifice; poverty in old age is the greatest hardship. 2. Don’t dream of overnight riches. There’s no free lunch falling from the sky—so what *does* fall from the sky?

Zhiyong Observation | A Chinese Bet by Two BMW Veterans: Why Does BYTON Face So Much Skepticism?

Just as the Hongqi (Red Flag) brand unveiled its new strategy with fanfare at Beijing’s Great Hall of the People—and just as the CES global consumer electronics show opened in the United States—a new energy vehicle brand, BYTON, made an even bolder debut. Two Germans chose Nanjing, China, to launch a distinctly Chinese-sounding brand name—and held their press conference in the United States. Their 50-inch display instantly disrupted Tesla’s dominance in large-screen automotive interfaces. In Las Vegas, Daniel Kirchert revealed his first chip in this high-stakes game: betting on whether his product and brand would truly win acceptance among automotive consumers. Will Kirchert’s chips multiply—or dwindle? For now, this remains a gamble whose outcome is still uncertain. Yet will all this actually become reality? After all, numerous new entrants in the automobile manufacturing sector have previously run into trouble: Jia Yueting, once hailed as a rising star, still hasn’t launched a mass-produced vehicle. When BYTON’s concept car officially debuted on January 8, the company announced that its mass-production model would roll off the assembly line at its Nanjing factory by the end of 2019. After two years of waiting, what exactly will BYTON deliver to the world? The BYTON brand belongs to Future Mobility Corporation (FMC), founded in March 2016. Initially incubated by the electric-vehicle startup fund 'Harmony Foxconn Tencent'—a joint venture among Harmony Auto, Tencent, and Foxconn—FMC evolved further in December 2016, when Harmony Auto announced a Series A financing round with Lihe Auto and Jinhen Investment. Following this round, Tencent and Foxconn exited FMC. Clearly, the withdrawal of these two major shareholders cast doubt on FMC’s vehicle-manufacturing plans. Yet the story continues. In September 2017, FMC held a press conference to formally unveil the BYTON brand, declaring its mission to build premium intelligent electric vehicles in China—and shape the future of the global auto industry by delivering joyful mobility experiences. If BYTON itself remains relatively unfamiliar to many, its two co-founders are already legendary figures. One is Dr. Carsten Breitfeld, former Group Vice President of BMW’s i8 project; the other is Daniel Kirchert, former Senior Vice President of Marketing at BMW Brilliance Automotive and former CEO of Infiniti China. Moreover, BYTON’s executive team is largely drawn from BMW, Mercedes-Benz, Google, and Tesla—evidence of a formidable leadership roster that commands serious attention. Given such stellar executive credentials, expectations for BYTON’s products naturally run high. Yet no one could have anticipated how startling BYTON’s debut concept car would prove. According to BYTON, its first concept vehicle features an entirely new design language and an innovative intelligent human-vehicle interaction system—positioned as a smart, fully electric SUV purpose-built for the era of shared mobility and autonomous driving. Its interior design stands out most prominently: the vehicle integrates a massive 50-inch display measuring 125 cm long and 25 cm tall. Additionally, a 9-inch touchscreen is embedded centrally in the two-spoke steering wheel. Powertrain-wise, the upcoming production model will offer two battery options: a rear-wheel-drive version with a 71 kWh battery pack delivering 400 km of range, and an all-wheel-drive version with a 95 kWh battery pack achieving up to 520 km. Fast-charging capability allows 80% charge in just 30 minutes. Two motor configurations will also be available: a single rear motor producing 200 kW (peak torque: 400 N·m), and a dual-motor setup (front and rear) generating 350 kW (peak torque: 710 N·m).

Tessenderlo Closes $403 Million Investment in FMC

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Tessenderlo Group has completed the acquisition of a 20% stake in US crop protection firm FMC Corp for approximately $403 million. The deal grants Tessenderlo a board seat and aligns with their agriculture and industrial solutions portfolio.

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Tessenderlo Closes $403 Million Investment in FMC

Tessenderlo Closes $403 Million Investment in FMC

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