JOB VACANCIES

A public investment company is seeking to fill the following positions:

Financial Analyst:

Responsibilities include conducting qualitative analyses of information affecting investment programs of public or private companies; Analyzing financial information to forecast business, industry, and economic conditions for use in making investment decisions; Interpreting data concerning price, yield, stability, and future trends in investment risks and economic influences pertinent to investments; and gathering information such as industry, regulatory, and economic information.

Minimum Qualifications+ Requirements:

Bachelor’s degree in Accounting, Finance, Economics, Mathematics or Business Administration with 2-5 years’ experience. The successful applicant is also expected to demonstrate experience in trading, abreast of industry updates with good verbal and written communication skills.

Database Specialist:

Responsible for coordinating changes to computer databases, testing, updating, and applying knowledge of database management systems; and implementing security measures to safeguard computer databases.

Minimum Qualifications:

Bachelor’s degree in computer science, management information systems or equivalent with 3-5 years experience.

Qualified candidates should submit Resume/CV with a cover letter via email to rforsythe@allianceinvest.com

GLOBAL and Chinese automakers plan to unveil more than a dozen new electric SUVs, sedans and muscle cars this week at the Shanghai auto show, their first full-scale sales event in four years in a market that has become a workshop for developing electrics, self-driving cars and other technology.

Automakers are competing to roll out faster, more luxurious, more featuredrenched electric vehicles in the technology’s biggest, most crowded market. The ruling Communist Party has invested billions of dollars in subsidies to buy an early lead in an emerging industry. Established global brands face intense competition from Chinese rivals.

For the first time since 2019, executives are flying in from the United States, Europe and Japan for the world’s biggest auto show after anti-virus curbs that blocked most travel into China were lifted in December. Auto shows in the industry’s biggest market went ahead during the pandemic, but on a smaller scale. Global brands were represented by operations. Drivers in the world’s biggest auto market bought 5.4 million pureelectric vehicles last year, or about two-thirds of the global total of 8 million, plus 1.5 million gasolineelectric hybrids. That was more than one-quarter of total auto sales of 23.6 million. This year’s EV sales are forecast to rise another 30%.

“Consumers lost interest in gasoline cars. That is the biggest challenge for foreign brands to compete in China,” said industry analyst John Zeng of LMC Automotive. “They are going to have to show their best EV products.”

Beijing is winding down government support and shifting the burden to automakers by requiring them to earn credits for EV sales. Manufacturers are pouring billions of dollars into developing models that can compete on price and features without subsidies. Many are forming partnerships to share soaring costs.

Auto Shanghai 2023 fills the cavernous Shanghai exhibition center, a 1.5 million-square-meter (16 million-square-foot) subcontinent of a building that is among the world’s biggest.

Volkswagen AG, the country’s top-selling brand, says it plans to display 28 models, half of them electrified. VW says it will debut its ID.7 limousine, which promises a 700-kilometer (435-mile) range on one charge.

China’s BYD Auto, which competes with Tesla Inc. for the title of world’s biggest-selling electric automaker, says it will display for the first time its U9 supercar from its luxury Yangwang brand. The automaker says the U9, with a 1 million yuan ($145,000) sticker price, can accelerate from zero to 100 kph (60 mph) in two neckstraining seconds.

China’s auto sales peaked in 2017 at 24.7 million but collapsed in 2020 to 20.2 million after dealerships closed as part of efforts to contain COVID-19. They are recovering but are yet to return to the pre-pandemic level.

The ruling party’s support for EV development is part of plans to gain wealth and global influence by transforming China into a creator of profitable technologies.